Jefferies Financial Group Inc. Acquires Shares of 8,400 Teledyne Technologies Incorporated $TDY

Jefferies Financial Group Inc. bought a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 3rd quarter, HoldingsChannel reports. The fund bought 8,400 shares of the scientific and technical instruments company’s stock, valued at approximately $4,923,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TDY. Prudential Financial Inc. lifted its holdings in shares of Teledyne Technologies by 9.5% in the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock valued at $13,981,000 after purchasing an additional 2,369 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Teledyne Technologies by 105.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after buying an additional 5,825 shares in the last quarter. Vanguard Group Inc. grew its holdings in Teledyne Technologies by 1.2% during the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after buying an additional 69,284 shares in the last quarter. Allianz Asset Management GmbH raised its position in Teledyne Technologies by 843.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after buying an additional 20,562 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new position in Teledyne Technologies during the 3rd quarter valued at $25,153,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider owned 2,644 shares of the company’s stock, valued at approximately $1,666,936.24. The trade was a 48.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,500 shares of company stock valued at $7,214,750 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Teledyne Technologies Stock Up 1.0%

Shares of NYSE:TDY opened at $654.03 on Tuesday. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $693.38. The company has a market capitalization of $30.29 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 3.20 and a beta of 0.99. The business has a fifty day moving average price of $616.33 and a two-hundred day moving average price of $563.67. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08.

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, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $5.52 EPS. 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. Analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Analysts Set New Price Targets

TDY has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Morgan Stanley boosted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. 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 research report on Thursday, January 22nd. Finally, Jefferies Financial Group increased their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $650.33.

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.