Faithward Advisors LLC Sells 2,551 Shares of Teledyne Technologies Incorporated $TDY

Faithward Advisors LLC trimmed its position in Teledyne Technologies Incorporated (NYSE:TDY) by 30.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,841 shares of the scientific and technical instruments company’s stock after selling 2,551 shares during the period. Faithward Advisors LLC’s holdings in Teledyne Technologies were worth $2,983,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TDY. Jones Financial Companies Lllp boosted its stake in Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after purchasing an additional 1,749 shares during the last quarter. Empowered Funds LLC boosted its stake in Teledyne Technologies by 78.6% during the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares during the last quarter. Focus Partners Wealth boosted its stake in Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Teledyne Technologies during the 2nd quarter valued at about $5,590,000. Finally, Cresset Asset Management LLC boosted its stake in Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $626.90 on Tuesday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. 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 business’s 50 day simple moving average is $630.66 and its 200 day simple moving average is $604.80. The company has a market cap of $29.04 billion, a price-to-earnings ratio of 31.71, a PEG ratio of 3.00 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the business earned $4.95 earnings per share. Teledyne Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. 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. Sell-side analysts forecast that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Analyst Upgrades and Downgrades

TDY has been the subject of a number of analyst reports. Citigroup lifted their price target on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Stifel Nicolaus lifted their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Needham & Company LLC lifted their price target on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Morgan Stanley lifted their price target on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.