Clough Capital Partners L P Makes New Investment in Teledyne Technologies Incorporated $TDY

Clough Capital Partners L P purchased a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 54,950 shares of the scientific and technical instruments company’s stock, valued at approximately $32,203,000. Teledyne Technologies accounts for 2.8% of Clough Capital Partners L P’s holdings, making the stock its 11th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. SBI Securities Co. Ltd. lifted its holdings in shares of Teledyne Technologies by 75.9% during 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 period. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies in the third quarter valued at approximately $26,000. Rexford Capital Inc. purchased a new stake in Teledyne Technologies in the second quarter valued at approximately $29,000. Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies during the third quarter worth approximately $43,000. Finally, TruNorth Capital Management LLC purchased a new position in Teledyne Technologies during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

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 that occurred 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 transaction, the director owned 47,328 shares in the company, valued at $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 available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 over the last three months. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on TDY. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Jefferies Financial Group increased their target price on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Morgan Stanley lifted their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Needham & Company LLC boosted their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Barclays upped their price target on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $650.33.

Teledyne Technologies Trading Down 1.1%

NYSE:TDY opened at $639.41 on Friday. The business’s 50-day moving average is $627.08 and its two-hundred day moving average is $566.46. 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 Incorporated has a 12 month low of $419.00 and a 12 month high of $693.38. The firm has a market capitalization of $29.61 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.16 and a beta of 0.99.

Teledyne Technologies (NYSE:TDY) last issued its 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. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.52 earnings per share. 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 predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

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.