Teledyne Technologies Incorporated $TDY Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 18.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,853 shares of the scientific and technical instruments company’s stock after purchasing an additional 7,999 shares during the quarter. Russell Investments Group Ltd. owned 0.11% of Teledyne Technologies worth $29,757,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of TDY. Vanguard Group Inc. raised its position in Teledyne Technologies by 1.2% during the 3rd 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 during the last quarter. State Street Corp boosted its holdings in shares of Teledyne Technologies by 2.2% in the 2nd quarter. State Street Corp now owns 2,143,419 shares of the scientific and technical instruments company’s stock valued at $1,098,095,000 after acquiring an additional 46,916 shares during the last quarter. Dodge & Cox acquired a new stake in shares of Teledyne Technologies in the second quarter worth $767,307,000. Geode Capital Management LLC increased its stake in shares of Teledyne Technologies by 2.3% in the second quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock worth $635,107,000 after acquiring an additional 28,461 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Teledyne Technologies by 2.6% during the third quarter. JPMorgan Chase & Co. now owns 942,825 shares of the scientific and technical instruments company’s stock worth $552,536,000 after purchasing an additional 24,222 shares during the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Down 1.3%

Shares of TDY opened at $647.15 on Friday. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $693.38. The stock has a market cap of $29.97 billion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 3.24 and a beta of 0.99. The firm’s fifty day moving average is $624.68 and its two-hundred day moving average is $565.62. 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 (NYSE:TDY) last posted its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping 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 the consensus estimate of $1.57 billion. During the same period last year, the firm posted $5.52 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Insider Activity at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the company’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 completion of the sale, the director directly owned 47,328 shares in the company, valued at $29,390,688. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the completion of the sale, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 11,500 shares of company stock worth $7,214,750. Insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Morgan Stanley upped their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Jefferies Financial Group boosted their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Citigroup boosted their price target on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and an average target price 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.