Wealthfront Advisers LLC Increases Stock Holdings in Teledyne Technologies Incorporated $TDY

Wealthfront Advisers LLC grew its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 73.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,362 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,847 shares during the quarter. Wealthfront Advisers LLC’s holdings in Teledyne Technologies were worth $2,556,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Teledyne Technologies by 2.2% during the second quarter. Vanguard Group Inc. now owns 5,841,524 shares of the scientific and technical instruments company’s stock valued at $2,992,671,000 after buying an additional 123,229 shares during the last quarter. State Street Corp increased its stake 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 worth $1,098,095,000 after purchasing an additional 46,916 shares in the last quarter. Dodge & Cox bought a new position in Teledyne Technologies in the 2nd quarter worth $767,307,000. Geode Capital Management LLC lifted its position in Teledyne Technologies by 2.3% during the second quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock valued at $635,107,000 after purchasing an additional 28,461 shares in the last quarter. Finally, Norges Bank bought a new stake in Teledyne Technologies during the second quarter valued at about $317,986,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $659.68 on Friday. The company has a market cap of $30.97 billion, a P/E ratio of 34.89, a P/E/G ratio of 3.20 and a beta of 1.01. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $674.63. 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 firm’s fifty day moving average is $566.44 and its two-hundred day moving average is $549.74.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate 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 business’s revenue was up 7.3% on a year-over-year basis. 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. As a group, analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Activity at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction on 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 sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 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 company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Barclays raised their price objective 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. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley assumed coverage on shares of Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price objective for the company. Citigroup lifted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $627.88.

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.