Teledyne Technologies Incorporated $TDY Stock Position Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 383,696 shares of the scientific and technical instruments company’s stock after selling 5,630 shares during the period. Dimensional Fund Advisors LP’s holdings in Teledyne Technologies were worth $224,833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dodge & Cox bought a new position in shares of Teledyne Technologies during the second quarter valued at approximately $767,307,000. Norges Bank bought a new stake in shares of Teledyne Technologies in the 2nd quarter worth approximately $317,986,000. Artisan Partners Limited Partnership acquired a new position in Teledyne Technologies during the 3rd quarter valued at approximately $129,791,000. Public Sector Pension Investment Board grew its stake in Teledyne Technologies by 4,520.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock worth $120,982,000 after buying an additional 201,972 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in Teledyne Technologies in the third quarter worth $108,576,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s 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 in the company, valued at $1,666,936.24. This represents a 48.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 11,500 shares of company stock worth $7,214,750. 1.50% of the stock is owned by corporate insiders.

Teledyne Technologies Stock Performance

TDY stock opened at $648.40 on Friday. The company has a 50-day simple moving average of $613.58 and a 200 day simple moving average of $562.73. The company has a market capitalization of $30.03 billion, a P/E ratio of 34.29, a PEG ratio of 3.20 and a beta of 0.99. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a fifty-two week low of $419.00 and a fifty-two week high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its earnings results 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 net margin of 14.63% and a return on equity of 10.08%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter last year, the company earned $5.52 EPS. Teledyne Technologies’s quarterly revenue was up 7.3% on a year-over-year basis. 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. Sell-side analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDY has been the topic of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Jefferies Financial Group increased their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Stifel Nicolaus lifted their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Citigroup upped their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Barclays raised their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and an average price target of $650.33.

About Teledyne Technologies

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.