Schroder Investment Management Group lessened its position in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,644 shares of the scientific and technical instruments company’s stock after selling 3,193 shares during the quarter. Schroder Investment Management Group owned about 0.12% of Teledyne Technologies worth $32,817,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after purchasing an additional 69,284 shares during the last quarter. State Street Corp lifted its position in shares of Teledyne Technologies by 2.2% during 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 during the last quarter. Dodge & Cox acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth about $767,307,000. Geode Capital Management LLC boosted its stake in Teledyne Technologies by 2.3% during the 2nd 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 during the period. Finally, JPMorgan Chase & Co. grew its holdings in Teledyne Technologies by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 942,825 shares of the scientific and technical instruments company’s stock valued at $552,536,000 after buying an additional 24,222 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. Morgan Stanley lifted their price target on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Jefferies Financial Group increased their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Citigroup raised their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Stifel Nicolaus increased their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $650.33.
Teledyne Technologies Stock Up 0.0%
Shares of TDY opened at $655.52 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $621.97 and a two-hundred day moving average price of $565.05. The stock has a market cap of $30.36 billion, a price-to-earnings ratio of 34.67, a P/E/G ratio of 3.24 and a beta of 0.99. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $693.38.
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, beating 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 company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the company posted $5.52 EPS. The company’s 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. Equities analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.
Insiders Place Their Bets
In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 2,500 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider directly owned 2,644 shares in the company, valued at $1,666,936.24. This represents a 48.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the 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 transaction, the director owned 47,328 shares of the company’s stock, valued at $29,390,688. This represents a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 11,500 shares of company stock worth $7,214,750 over the last quarter. Company insiders own 1.50% of the company’s stock.
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.
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