Swiss National Bank Sells 6,600 Shares of Teledyne Technologies Incorporated $TDY

Swiss National Bank cut its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 4.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,118 shares of the scientific and technical instruments company’s stock after selling 6,600 shares during the period. Swiss National Bank owned 0.29% of Teledyne Technologies worth $79,185,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its position in shares of Teledyne Technologies by 3.2% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after acquiring an additional 20 shares during the last quarter. Cresset Asset Management LLC increased its position in shares of Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after purchasing an additional 20 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after acquiring an additional 22 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Teledyne Technologies by 2.4% in the third quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock worth $568,000 after buying an additional 23 shares during the period. Finally, Snowden Capital Advisors LLC increased its stake in Teledyne Technologies by 2.1% in the second quarter. Snowden Capital Advisors LLC now owns 1,099 shares of the scientific and technical instruments company’s stock worth $563,000 after purchasing an additional 23 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Insider Activity at Teledyne Technologies

In related news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction dated 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 owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the sale, the insider owned 2,644 shares in the company, valued at approximately $1,666,936.24. This trade represents a 48.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

TDY has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Needham & Company LLC lifted their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Barclays lifted their price objective 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. Stifel Nicolaus upped their target price on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group increased their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $650.33.

Teledyne Technologies Stock Performance

NYSE TDY opened at $655.67 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The stock’s fifty day moving average is $619.08 and its two-hundred day moving average is $564.42. The firm has a market capitalization of $30.36 billion, a P/E ratio of 34.67, a price-to-earnings-growth ratio of 3.23 and a beta of 0.99. 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 posted its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping 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 business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the firm earned $5.52 EPS. The company’s quarterly 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. On average, research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Teledyne Technologies 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.