Zacks Research Has Positive Forecast for TDY FY2025 Earnings

Teledyne Technologies Incorporated (NYSE:TDY - Free Report) - Research analysts at Zacks Research boosted their FY2025 earnings per share estimates for shares of Teledyne Technologies in a report issued on Tuesday, December 3rd. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will post earnings per share of $21.54 for the year, up from their previous forecast of $21.51. The consensus estimate for Teledyne Technologies' current full-year earnings is $19.45 per share. Zacks Research also issued estimates for Teledyne Technologies' Q1 2026 earnings at $5.90 EPS and Q2 2026 earnings at $5.56 EPS.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported $5.10 earnings per share for the quarter, beating analysts' consensus estimates of $4.97 by $0.13. Teledyne Technologies had a net margin of 16.88% and a return on equity of 10.02%. The firm had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.42 billion. During the same period in the previous year, the company earned $5.05 earnings per share. The company's quarterly revenue was up 2.9% on a year-over-year basis.

TDY has been the topic of several other reports. Bank of America raised shares of Teledyne Technologies from a "neutral" rating to a "buy" rating and upped their price objective for the company from $450.00 to $550.00 in a report on Friday, November 8th. TD Cowen raised their price objective on shares of Teledyne Technologies from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. StockNews.com upgraded Teledyne Technologies from a "hold" rating to a "buy" rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC lifted their price target on Teledyne Technologies from $528.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Teledyne Technologies presently has an average rating of "Buy" and an average price target of $517.50.

Teledyne Technologies Stock Performance

Shares of TDY traded down $3.17 during mid-day trading on Friday, hitting $473.55. The stock had a trading volume of 255,053 shares, compared to its average volume of 244,530. Teledyne Technologies has a 52 week low of $355.41 and a 52 week high of $492.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.00 and a quick ratio of 1.35. The business has a fifty day moving average price of $464.41 and a 200-day moving average price of $427.28. The firm has a market cap of $22.07 billion, a P/E ratio of 23.94, a PEG ratio of 3.32 and a beta of 1.01.

Hedge Funds Weigh In On Teledyne Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of TDY. Tidal Investments LLC increased its position in shares of Teledyne Technologies by 26.7% during the 3rd quarter. Tidal Investments LLC now owns 5,486 shares of the scientific and technical instruments company's stock valued at $2,401,000 after purchasing an additional 1,157 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Teledyne Technologies during the third quarter valued at approximately $39,000. Sanctuary Advisors LLC raised its stake in shares of Teledyne Technologies by 12.8% during the third quarter. Sanctuary Advisors LLC now owns 14,896 shares of the scientific and technical instruments company's stock worth $7,205,000 after acquiring an additional 1,692 shares in the last quarter. Anchor Investment Management LLC lifted its holdings in shares of Teledyne Technologies by 114.4% in the 3rd quarter. Anchor Investment Management LLC now owns 253 shares of the scientific and technical instruments company's stock worth $111,000 after acquiring an additional 135 shares during the last quarter. Finally, SkyView Investment Advisors LLC boosted its stake in shares of Teledyne Technologies by 2.5% in the 3rd quarter. SkyView Investment Advisors LLC now owns 1,837 shares of the scientific and technical instruments company's stock valued at $804,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company's stock.

Insiders Place Their Bets

In other news, Chairman Robert Mehrabian sold 46,075 shares of the business's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $487.33, for a total transaction of $22,453,729.75. Following the completion of the transaction, the chairman now owns 171,802 shares of the company's stock, valued at approximately $83,724,268.66. The trade was a 21.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.14% of the company's stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.