Teledyne Technologies (NYSE:TDY) Given New $614.00 Price Target at Barclays
by Michael Walen · The Markets DailyTeledyne Technologies (NYSE:TDY – Get Free Report) had its target price boosted by equities researchers at Barclays from $603.00 to $614.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the scientific and technical instruments company’s stock. Barclays‘s target price indicates a potential downside of 5.11% from the company’s current price.
Several other equities research analysts have also recently commented on TDY. Jefferies Financial Group raised their target price on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Needham & Company LLC raised their target price on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup raised their target price on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Morgan Stanley raised their target price on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $693.71.
Get Our Latest Report on Teledyne Technologies
Teledyne Technologies Trading Down 0.7%
Shares of TDY stock traded down $4.70 on Friday, hitting $647.05. The company had a trading volume of 196,836 shares, compared to its average volume of 367,036. The firm has a market cap of $29.96 billion, a P/E ratio of 32.73, a P/E/G ratio of 3.24 and a beta of 1.01. The stock’s 50-day moving average is $646.31 and its two-hundred day moving average is $581.32. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.76. Teledyne Technologies has a twelve month low of $453.89 and a twelve month high of $693.38.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.48 by $0.32. The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.95 earnings per share. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. On average, equities research analysts anticipate that Teledyne Technologies will post 23.92 earnings per share for the current fiscal year.
Insider Activity at Teledyne Technologies
In other news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the transaction, the insider owned 51,025 shares in the company, valued at $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the transaction, the director owned 47,328 shares in the company, valued at $29,390,688. This represents a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 11,500 shares of company stock worth $7,214,750. Corporate insiders own 1.36% of the company’s stock.
Hedge Funds Weigh In On Teledyne Technologies
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after purchasing an additional 69,284 shares in the last quarter. Covea Finance grew its position in shares of Teledyne Technologies by 7.5% in the fourth quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock valued at $26,473,000 after purchasing an additional 3,600 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Teledyne Technologies by 105.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after purchasing an additional 5,825 shares in the last quarter. Allianz Asset Management GmbH grew its position in shares of Teledyne Technologies by 843.1% in the third quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after purchasing an additional 20,562 shares in the last quarter. Finally, Mariner LLC grew its position in shares of Teledyne Technologies by 7,237.2% in the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after purchasing an additional 305,337 shares in the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.
Key Teledyne Technologies News
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Q1 results beat and management raised guidance: Teledyne reported EPS $5.80 vs. $5.48 est., revenue $1.56B vs. $1.52B, and lifted FY‑2026 EPS guidance to 23.85–24.15 and Q2 to 5.70–5.80 — the fundamental driver behind the bullish analyst reaction. Why The Teledyne Technologies (TDY) Story Is Shifting With New Targets And Guidance
- Positive Sentiment: Analysts raised targets and reaffirmed buy ratings: Stifel nudged its target to $750 (from $720) and Needham to $735 (from $700), implying double‑digit upside and reflecting confidence in continued segment outperformance. Stifel raises price target to $750
- Positive Sentiment: UBS reiterated its buy rating, maintaining support from major brokers that likely helped limit downside after the quarter. UBS Sticks to Its Buy Rating for Teledyne Technologies (TDY)
- Positive Sentiment: Business mix strength: Reports point to defense and imaging segments driving outperformance in Q1, supporting the raised guidance and longer‑term margins. TDY Q1 deep dive: Defense and imaging segments drive outperformance, guidance raised
- Neutral Sentiment: Consensus view remains constructive but measured: Brokerages show a “moderate buy” consensus, indicating general support but some caution among analysts. Teledyne Receives Consensus Recommendation of “Moderate Buy”
- Neutral Sentiment: Corporate governance update: Shareholders approved amendments expanding rights at the annual meeting — generally neutral to mildly positive for governance and long‑term holders. Teledyne Technologies Expands Shareholder Rights at Annual Meeting
- Negative Sentiment: Shares are trading down today despite the positive fundamentals and analyst upgrades — likely reflecting near‑term profit‑taking after a recent run and broader market headwinds rather than company‑specific weakness.
Teledyne Technologies Company Profile
Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.
The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.