Schaper Benz & Wise Investment Counsel Inc. WI Boosts Stake in Teledyne Technologies Incorporated $TDY

Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 321.0% in the 4th quarter, Holdings Channel reports. The fund owned 5,170 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,942 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Teledyne Technologies were worth $2,640,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Jones Financial Companies Lllp grew its stake in Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after purchasing an additional 1,749 shares in the last quarter. Empowered Funds LLC raised its position in shares of Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after buying an additional 272 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Teledyne Technologies by 9.5% during the 2nd quarter. Intech Investment Management LLC now owns 2,078 shares of the scientific and technical instruments company’s stock valued at $1,065,000 after buying an additional 181 shares during the last quarter. Finally, Legal & General Group Plc grew its position in shares of Teledyne Technologies by 0.6% during the second quarter. Legal & General Group Plc now owns 253,564 shares of the scientific and technical instruments company’s stock worth $129,903,000 after buying an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Activity at Teledyne Technologies

In related news, Director Michael T. Smith sold 2,469 shares of the business’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 transaction 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. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the company’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 transaction, the insider owned 51,025 shares of the company’s stock, valued at approximately $32,192,693. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,500 shares of company stock valued at $7,214,750 over the last ninety days. Corporate insiders own 1.36% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TDY. 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. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Jefferies Financial Group upped their target price 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. Stifel Nicolaus lifted their price target 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, Barclays boosted their price objective on Teledyne Technologies from $599.00 to $600.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $656.75.

Get Our Latest Analysis on TDY

Teledyne Technologies Trading Up 0.4%

Teledyne Technologies stock opened at $626.27 on Wednesday. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $693.38. The firm’s 50-day moving average is $639.77 and its 200-day moving average is $571.07. 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 company has a market cap of $29.00 billion, a P/E ratio of 33.12, a PEG ratio of 3.08 and a beta of 0.99.

Teledyne Technologies (NYSE:TDYGet Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, equities analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

About Teledyne Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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