Teledyne Technologies Incorporated $TDY Stock Position Reduced by Sterling Capital Management LLC

Sterling Capital Management LLC decreased its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 43.2% in the first quarter, Holdings Channel reports. The institutional investor owned 1,566 shares of the scientific and technical instruments company’s stock after selling 1,190 shares during the quarter. Sterling Capital Management LLC’s holdings in Teledyne Technologies were worth $947,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TDY. Jones Financial Companies Lllp raised its holdings in shares of Teledyne Technologies by 874.5% during the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after acquiring an additional 1,749 shares in the last quarter. Empowered Funds LLC increased its position in Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after purchasing an additional 683 shares during the last quarter. Focus Partners Wealth increased its position in Teledyne Technologies by 48.4% in the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after purchasing an additional 272 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teledyne Technologies during the 2nd quarter worth about $5,590,000. Finally, Cresset Asset Management LLC lifted its holdings in shares of 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 buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 4.2%

Shares of TDY stock opened at $667.97 on Wednesday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a market cap of $30.95 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94. 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 business’s 50 day moving average is $627.21 and its two-hundred day moving average is $614.08.

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 during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. Teledyne Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $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. Equities analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on TDY shares. Needham & Company LLC increased their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley increased their price target 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. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Barclays upped their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.