Marks Group Wealth Management Inc Has $7.38 Million Stock Holdings in Teledyne Technologies Incorporated $TDY

Marks Group Wealth Management Inc trimmed its position in Teledyne Technologies Incorporated (NYSE:TDY) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,447 shares of the scientific and technical instruments company’s stock after selling 1,837 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Teledyne Technologies were worth $7,379,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Teledyne Technologies by 1.2% in the 3rd 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 buying an additional 69,284 shares in the last quarter. Covea Finance lifted its position in shares of Teledyne Technologies by 7.5% during the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock valued at $26,473,000 after acquiring an additional 3,600 shares during the period. Mariner LLC lifted its position in shares of Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after acquiring an additional 305,337 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Teledyne Technologies during the 3rd quarter valued at $4,923,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Teledyne Technologies by 32.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,972 shares of the scientific and technical instruments company’s stock valued at $7,647,000 after acquiring an additional 3,627 shares during the period. 91.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TDY shares. Needham & Company LLC upped their target price on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Citigroup boosted their price target on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Stifel Nicolaus boosted their price target on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Barclays boosted their price target on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Finally, Morgan Stanley boosted their price target on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Trading Up 1.7%

Shares of TDY stock opened at $612.75 on Tuesday. The firm has a market capitalization of $28.39 billion, a P/E ratio of 30.99, a P/E/G ratio of 2.89 and a beta of 0.94. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $693.38. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock’s fifty day simple moving average is $629.21 and its 200 day simple moving average is $600.33.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The business 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%.Teledyne Technologies’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

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.