Vanguard Group Inc. Buys 69,284 Shares of Teledyne Technologies Incorporated $TDY

Vanguard Group Inc. lifted its stake in Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,910,808 shares of the scientific and technical instruments company’s stock after purchasing an additional 69,284 shares during the period. Vanguard Group Inc. owned 12.59% of Teledyne Technologies worth $3,463,970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after acquiring an additional 1,749 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Teledyne Technologies by 48.4% during the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares in the last quarter. Nordea Investment Management AB grew its stake in Teledyne Technologies by 3.5% in the second quarter. Nordea Investment Management AB now owns 2,349 shares of the scientific and technical instruments company’s stock worth $1,201,000 after purchasing an additional 79 shares during the period. Finally, ARK Investment Management LLC raised its holdings in Teledyne Technologies by 7.0% in the second quarter. ARK Investment Management LLC now owns 31,879 shares of the scientific and technical instruments company’s stock worth $16,332,000 after purchasing an additional 2,096 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Insider Buying and Selling

In other news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares in the company, valued at $29,390,688. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the sale, the insider directly owned 2,644 shares of the company’s stock, valued at $1,666,936.24. The trade was a 48.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,500 shares of company stock valued at $7,214,750 over the last quarter. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Barclays lifted their target price on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Morgan Stanley initiated coverage on Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target on the stock. Finally, Citigroup raised their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $627.88.

Read Our Latest Report on TDY

Teledyne Technologies Stock Up 2.0%

Teledyne Technologies stock opened at $662.20 on Thursday. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $674.63. The stock has a fifty day simple moving average of $575.00 and a two-hundred day simple moving average of $552.00. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The firm has a market cap of $31.09 billion, a price-to-earnings ratio of 35.02, a PEG ratio of 3.22 and a beta of 1.01.

Teledyne Technologies (NYSE:TDYGet Free Report) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the firm posted $5.52 earnings per share. Teledyne Technologies’s revenue was up 7.3% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Equities analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Teledyne Technologies Company Profile

(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.

See Also

Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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