Crossmark Global Holdings Inc. purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,903 shares of the scientific and technical instruments company’s stock, valued at approximately $780,000.

A number of other large investors have also modified their holdings of the business. Janus Henderson Group PLC purchased a new stake in Teledyne Technologies during the second quarter worth about $280,989,000. Kayne Anderson Rudnick Investment Management LLC increased its stake in Teledyne Technologies by 1.6% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,045,183 shares of the scientific and technical instruments company’s stock worth $133,417,000 after purchasing an additional 16,136 shares during the period. Earnest Partners LLC increased its stake in Teledyne Technologies by 1.3% during the second quarter. Earnest Partners LLC now owns 630,042 shares of the scientific and technical instruments company’s stock worth $80,425,000 after purchasing an additional 8,144 shares during the period. Dimensional Fund Advisors LP increased its stake in Teledyne Technologies by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 415,160 shares of the scientific and technical instruments company’s stock worth $52,988,000 after purchasing an additional 3,670 shares during the period. Finally, New York State Common Retirement Fund increased its stake in Teledyne Technologies by 14.1% during the second quarter. New York State Common Retirement Fund now owns 334,339 shares of the scientific and technical instruments company’s stock worth $42,678,000 after purchasing an additional 41,199 shares during the period. Institutional investors own 83.39% of the company’s stock.

Shares of Teledyne Technologies Incorporated (NYSE:TDY) opened at $179.37 on Tuesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.98. Teledyne Technologies Incorporated has a one year low of $117.06 and a one year high of $185.66. The firm has a market cap of $6,400.89, a P/E ratio of 27.33, a P/E/G ratio of 3.59 and a beta of 1.01.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Thursday, November 2nd. The scientific and technical instruments company reported $1.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.62 by $0.34. Teledyne Technologies had a net margin of 8.67% and a return on equity of 14.18%. The firm had revenue of $662.20 million for the quarter, compared to analyst estimates of $656.20 million. During the same period in the prior year, the firm earned $1.46 earnings per share. The business’s quarterly revenue was up 25.7% compared to the same quarter last year. analysts predict that Teledyne Technologies Incorporated will post 6.7 EPS for the current fiscal year.

In related news, Director Schack Wesley W. Von sold 1,206 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $182.73, for a total value of $220,372.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sue Main sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $183.88, for a total value of $1,287,160.00. Following the completion of the transaction, the chief financial officer now directly owns 40,874 shares of the company’s stock, valued at $7,515,911.12. The disclosure for this sale can be found here. Insiders have sold 16,706 shares of company stock worth $2,923,467 over the last 90 days. Insiders own 3.30% of the company’s stock.

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A number of analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $166.00 price target on the stock in a research note on Tuesday, August 8th. BidaskClub upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Needham & Company LLC reiterated a “buy” rating and set a $157.00 price target (up from $148.00) on shares of Teledyne Technologies in a research note on Wednesday, August 9th. ValuEngine lowered shares of Teledyne Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Jefferies Group LLC boosted their price target on shares of Teledyne Technologies from $150.00 to $170.00 and gave the stock a “hold” rating in a research note on Friday, November 3rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Teledyne Technologies presently has an average rating of “Hold” and an average target price of $175.33.

Teledyne Technologies Profile

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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