Goldman Sachs Group Inc. Buys 33,995 Shares of Teledyne Technologies Incorporated $TDY

Goldman Sachs Group Inc. raised its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 20.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 203,867 shares of the scientific and technical instruments company’s stock after acquiring an additional 33,995 shares during the period. Goldman Sachs Group Inc. owned approximately 0.43% of Teledyne Technologies worth $104,121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Teledyne Technologies by 1.2% during 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 purchasing an additional 69,284 shares during the last quarter. Covea Finance grew its holdings in 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 purchasing an additional 3,600 shares during the last quarter. Mariner LLC grew its holdings in 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 purchasing an additional 305,337 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in Teledyne Technologies during the 3rd quarter valued at about $4,923,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in 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 purchasing an additional 3,627 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Price Performance

Shares of TDY opened at $618.48 on Wednesday. The company has a 50 day moving average price of $629.70 and a 200-day moving average price of $601.21. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The stock has a market capitalization of $28.65 billion, a PE ratio of 31.28, a PEG ratio of 2.94 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results 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. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the company earned $4.95 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. 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. Equities analysts predict that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Needham & Company LLC upped their target price 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. Stifel Nicolaus upped their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Morgan Stanley upped their target price 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. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Jefferies Financial Group upped 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. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Company 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.