American Century Companies Inc. lifted its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 353.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,828 shares of the scientific and technical instruments company’s stock after acquiring an additional 26,365 shares during the quarter. American Century Companies Inc. owned approximately 0.09% of Teledyne Technologies worth $8,345,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TDY. Laurion Capital Management LP grew its holdings in Teledyne Technologies by 455.4% during the second quarter. Laurion Capital Management LP now owns 12,275 shares of the scientific and technical instruments company’s stock worth $2,443,000 after purchasing an additional 10,065 shares during the period. SG Americas Securities LLC grew its holdings in Teledyne Technologies by 12.0% during the second quarter. SG Americas Securities LLC now owns 5,976 shares of the scientific and technical instruments company’s stock worth $1,190,000 after purchasing an additional 639 shares during the period. First Trust Advisors LP boosted its holdings in shares of Teledyne Technologies by 1,260.9% during the second quarter. First Trust Advisors LP now owns 53,920 shares of the scientific and technical instruments company’s stock worth $10,733,000 after acquiring an additional 49,958 shares during the period. Highland Capital Management LP boosted its holdings in shares of Teledyne Technologies by 2,250.0% during the second quarter. Highland Capital Management LP now owns 32,900 shares of the scientific and technical instruments company’s stock worth $6,549,000 after acquiring an additional 31,500 shares during the period. Finally, United Services Automobile Association boosted its holdings in shares of Teledyne Technologies by 4.1% during the second quarter. United Services Automobile Association now owns 6,109 shares of the scientific and technical instruments company’s stock worth $1,216,000 after acquiring an additional 241 shares during the period. 83.65% of the stock is currently owned by institutional investors and hedge funds.

TDY has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Teledyne Technologies from a “hold” rating to a “buy” rating and set a $246.00 price objective for the company in a report on Thursday, August 2nd. Needham & Company LLC boosted their price objective on Teledyne Technologies from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, August 6th. Finally, Jefferies Financial Group set a $222.00 price objective on Teledyne Technologies and gave the stock a “hold” rating in a report on Sunday, August 5th.

Shares of NYSE:TDY opened at $214.93 on Thursday. Teledyne Technologies Incorporated has a 12-month low of $172.80 and a 12-month high of $250.87. The company has a market cap of $7.84 billion, a PE ratio of 31.01, a PEG ratio of 3.31 and a beta of 1.12. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.89 and a quick ratio of 1.24.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, October 24th. The scientific and technical instruments company reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.17. Teledyne Technologies had a return on equity of 14.74% and a net margin of 10.86%. The company had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $710.70 million. During the same quarter in the previous year, the company posted $1.96 earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. As a group, sell-side analysts predict that Teledyne Technologies Incorporated will post 8.75 earnings per share for the current fiscal year.

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Teledyne Technologies Company Profile

Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, Canada, the United Kingdom, France, and internationally. The company's Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial, and other applications, as well as electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks deployed in mission critical and harsh environments.

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

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