Key Points
- Director Simon Lorne sold 6,449 Teledyne shares at an average price of $680.34, generating approximately $4.39 million and reducing his ownership by 10.36% to 55,783 shares.
- Teledyne reported a quarterly earnings beat, with EPS of $6.28 versus the $5.79 consensus and revenue of $1.66 billion versus estimates of $1.58 billion. Revenue increased 9.8% year over year, and the company issued fiscal 2026 EPS guidance of $24.45–$24.65.
- The stock opened at $685.17, near its 52-week high of $697.67, while analysts maintained a “Moderate Buy” consensus with an average price target of $715.83; institutional investors own 91.58% of shares.
Teledyne Technologies Incorporated (NYSE:TDY - Get Free Report) Director Simon Lorne sold 6,449 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the director owned 55,783 shares of the company's stock, valued at $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 Securities & Exchange Commission, which is accessible through this hyperlink.
Teledyne Technologies Price Performance
NYSE:TDY opened at $685.17 on Thursday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $697.67. The stock has a market cap of $31.76 billion, a PE ratio of 33.08, a P/E/G ratio of 2.97 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The stock has a 50 day moving average price of $641.51 and a 200 day moving average price of $639.58.
Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping analysts' consensus estimates of $5.79 by $0.49. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.20 earnings per share. 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. Equities research analysts expect that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Teledyne Technologies by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company's stock valued at $3,053,038,000 after acquiring an additional 66,984 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Teledyne Technologies in the 2nd quarter worth approximately $2,751,121,000. State Street Corp lifted its holdings in shares of 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 worth $1,291,957,000 after acquiring an additional 61,135 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Teledyne Technologies by 0.6% during 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 purchasing an additional 9,824 shares during the period. Finally, Dodge & Cox boosted its position in shares of Teledyne Technologies by 0.3% during 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 purchasing an additional 4,378 shares during the period. Institutional investors and hedge funds own 91.58% of the company's stock.
Trending Headlines about Teledyne Technologies
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: $1.1 billion Varex Imaging acquisition: Teledyne agreed to acquire Varex Imaging for $18.90 per share in cash, expanding its medical and industrial X-ray imaging capabilities. The deal could broaden Teledyne’s imaging portfolio and create longer-term growth and synergy opportunities. Teledyne Technologies Agrees $1.1 Billion Imaging Deal
- Positive Sentiment: Defense order milestone: Teledyne FLIR Defense delivered its 3,000th Ranger radar, highlighting demand for its unmanned-systems and surveillance technology. The milestone supports the company’s defense growth narrative and revenue visibility. Teledyne FLIR Defense Delivers 3,000th Ranger Radar
- Positive Sentiment: Strong operating backdrop: Recent coverage points to Teledyne’s better-than-expected quarterly results, including revenue growth and EPS above consensus, while analysts continue to view the company as an S&P 500 technology stock to watch. Why Is Teledyne an S&P 500 Stock to Watch After Q2?
- Neutral Sentiment: Analyst commentary: A separate report provides market perspectives on Teledyne and other technology companies but does not indicate a clear change in TDY’s consensus rating or price target. Analysts Offer Insights on Teledyne Technologies
- Negative Sentiment: Director sells shares: Director Simon M. Lorne sold 6,449 TDY shares worth approximately $4.4 million, reducing his direct ownership by 10.36%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. SEC Insider Transaction Filing
- Negative Sentiment: Deal scrutiny: A law firm is investigating whether Varex shareholders are receiving adequate consideration and whether the sale process was proper. The inquiry introduces potential execution and legal uncertainty around Teledyne’s acquisition. Varex Imaging Investor Alert
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TDY. Barclays upped their price objective on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. Weiss Ratings reiterated a "buy (b)" rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Stifel Nicolaus increased their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a report on Wednesday, June 10th. Finally, Citigroup upped their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a "neutral" rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $715.83.
Read Our Latest Report on Teledyne Technologies
About Teledyne Technologies
(
Get Free Report)
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.
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