Jefferies Financial Group Inc. Sells 4,596 Shares of Teledyne Technologies Incorporated $TDY

Jefferies Financial Group Inc. cut its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,804 shares of the scientific and technical instruments company’s stock after selling 4,596 shares during the period. Jefferies Financial Group Inc.’s holdings in Teledyne Technologies were worth $1,943,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC bought a new stake in Teledyne Technologies in the third quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teledyne Technologies during the fourth quarter valued at $28,000. Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies during the third quarter valued at $43,000. AlphaQuest LLC boosted its position in Teledyne Technologies by 7,700.0% during the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after acquiring an additional 77 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in Teledyne Technologies during the fourth quarter valued at $41,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Stock Performance

TDY opened at $613.40 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average price is $630.80 and its two-hundred day moving average price is $594.27. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The company has a market cap of $28.42 billion, a price-to-earnings ratio of 31.03, a PEG ratio of 3.01 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.95 earnings per share. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. On average, analysts expect that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Barclays lifted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Morgan Stanley raised their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Needham & Company LLC raised their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Jefferies Financial Group raised their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Finally, Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average price target of $693.71.

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.