Y Intercept Hong Kong Ltd Invests $7.64 Million in Teledyne Technologies Incorporated $TDY

Y Intercept Hong Kong Ltd acquired a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,624 shares of the scientific and technical instruments company’s stock, valued at approximately $7,638,000.

Several other hedge funds also recently bought and sold shares of TDY. Vanguard Group Inc. lifted its stake in Teledyne Technologies by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after purchasing an additional 66,984 shares in the last quarter. State Street Corp grew its position in shares of Teledyne Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock valued at $1,291,957,000 after purchasing an additional 61,135 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Teledyne Technologies by 0.6% in the fourth quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after purchasing an additional 9,824 shares during the period. Dodge & Cox increased its holdings in shares of Teledyne Technologies by 0.3% in the fourth quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock worth $860,754,000 after purchasing an additional 4,378 shares during the period. Finally, FIL Ltd raised its position in shares of Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock worth $698,238,000 after buying an additional 274,976 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analyst Ratings Changes

TDY has been the subject of several recent analyst reports. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Needham & Company LLC raised their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Stifel Nicolaus lifted 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. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Barclays increased their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $694.14.

Teledyne Technologies Stock Up 0.1%

Shares of NYSE TDY opened at $652.53 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The firm has a market capitalization of $30.23 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 3.13 and a beta of 0.92. The firm has a fifty day simple moving average of $627.69 and a two-hundred day simple moving average of $616.26.

Teledyne Technologies (NYSE:TDY) last announced its earnings results 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. 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 for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the firm posted $4.95 EPS. The company’s revenue for the quarter 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 expect that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current 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.