Morgan Stanley Issues Positive Forecast for Teledyne Technologies (NYSE:TDY) Stock Price

Teledyne Technologies (NYSE:TDY) had its price target boosted by equities researchers at Morgan Stanley from $680.00 to $715.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the scientific and technical instruments company’s stock. Morgan Stanley’s price target would indicate a potential upside of 5.54% from the stock’s current price.

Several other research firms have also commented on TDY. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Stifel Nicolaus increased their target price on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Barclays lifted their price target on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $721.67.

Teledyne Technologies Stock Performance

NYSE:TDY traded down $9.03 during mid-day trading on Thursday, hitting $677.46. The company’s stock had a trading volume of 23,774 shares, compared to its average volume of 360,616. The business’s fifty day moving average is $641.51 and its two-hundred day moving average is $639.58. The stock has a market cap of $31.41 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 2.97 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. Teledyne Technologies has a 1 year low of $483.02 and a 1 year high of $697.67.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the firm posted $5.20 EPS. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Analysts anticipate that Teledyne Technologies will post 24.69 EPS for the current fiscal year.

Insider Activity at Teledyne Technologies

In other news, Director Simon M. Lorne sold 6,449 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. This trade represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.36% of the stock is owned by company insiders.

Institutional Trading of Teledyne Technologies

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Teledyne Technologies by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after purchasing an additional 66,984 shares during the last quarter. BlackRock Inc. acquired a new position in Teledyne Technologies during the second quarter worth $2,751,121,000. State Street Corp grew its holdings in Teledyne Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock valued at $1,291,957,000 after buying an additional 61,135 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Teledyne Technologies by 0.6% in the 4th quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after acquiring an additional 9,824 shares during the last quarter. Finally, Dodge & Cox increased its stake in shares of Teledyne Technologies by 0.3% in the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock worth $860,754,000 after acquiring an additional 4,378 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.