Teledyne Technologies Incorporated $TDY Shares Sold by Royce & Associates LP

Royce & Associates LP lessened its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,440 shares of the scientific and technical instruments company’s stock after selling 1,700 shares during the quarter. Royce & Associates LP’s holdings in Teledyne Technologies were worth $8,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TDY. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies in the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teledyne Technologies in the 4th quarter worth approximately $28,000. Board of the Pension Protection Fund acquired a new stake in shares of Teledyne Technologies during the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth approximately $43,000. Finally, AlphaQuest LLC grew its stake in shares of Teledyne Technologies by 7,700.0% during the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 3.7%

Shares of TDY stock opened at $635.33 on Friday. The stock’s fifty day moving average is $630.63 and its two-hundred day moving average is $595.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. The firm has a market capitalization of $29.43 billion, a P/E ratio of 32.14, a PEG ratio of 2.93 and a beta of 0.97. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $4.95 EPS. 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. Research analysts expect that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TDY. Needham & Company LLC raised their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Barclays raised their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Citigroup raised their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $693.71.

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.