Chilton Investment Co. Inc. Grows Position in Teledyne Technologies Incorporated $TDY

Chilton Investment Co. Inc. raised its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 12.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,617 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,585 shares during the quarter. Chilton Investment Co. Inc.’s holdings in Teledyne Technologies were worth $8,566,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in TDY. SBI Securities Co. Ltd. boosted its stake in shares of Teledyne Technologies by 75.9% during the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies in the 3rd quarter valued at about $26,000. Rexford Capital Inc. purchased a new position in Teledyne Technologies in the 2nd quarter valued at about $29,000. Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth about $43,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth about $46,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Needham & Company LLC boosted their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Jefferies Financial Group lifted their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus boosted their price target on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Citigroup increased their price target on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $650.33.

Teledyne Technologies Trading Down 1.1%

NYSE TDY opened at $639.41 on Friday. The company has a market cap of $29.61 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.16 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. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The company has a 50-day moving average of $627.08 and a 200-day moving average of $566.46.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) 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 business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the company earned $5.52 earnings per share. The company’s quarterly revenue 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. As a group, equities analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insiders Place Their Bets

In other 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 transaction 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the 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 transaction, the insider directly owned 51,025 shares in the company, valued at $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 11,500 shares of company stock worth $7,214,750. 1.50% of the stock is owned by company insiders.

About Teledyne Technologies

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.