Krane Funds Advisors LLC Increases Stake in Teledyne Technologies Incorporated $TDY

Krane Funds Advisors LLC raised its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 573.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,748 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,340 shares during the quarter. Krane Funds Advisors LLC’s holdings in Teledyne Technologies were worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TDY. Hennion & Walsh Asset Management Inc. raised its holdings in Teledyne Technologies by 3.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after purchasing an additional 20 shares during the period. Cresset Asset Management LLC increased its position in Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after buying an additional 20 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 22 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in shares of Teledyne Technologies by 2.4% in the third quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock worth $568,000 after buying an additional 23 shares during the period. Finally, Snowden Capital Advisors LLC lifted its position in shares of Teledyne Technologies by 2.1% during the 2nd quarter. Snowden Capital Advisors LLC now owns 1,099 shares of the scientific and technical instruments company’s stock valued at $563,000 after buying an additional 23 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Insider Activity

In other news, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the transaction, the insider owned 2,644 shares of the company’s stock, valued at approximately $1,666,936.24. This represents a 48.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 over the last 90 days. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on TDY. Jefferies Financial Group increased their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Barclays raised their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Citigroup upped their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Finally, Stifel Nicolaus raised their price target on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $643.67.

Teledyne Technologies Stock Up 0.7%

Shares of TDY opened at $673.33 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The stock has a market capitalization of $31.61 billion, a price-to-earnings ratio of 35.61, a price-to-earnings-growth ratio of 3.31 and a beta of 1.01. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $675.19. The business’s 50 day simple moving average is $584.06 and its 200-day simple moving average is $554.51.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the previous year, the business posted $5.52 earnings per share. Teledyne Technologies’s quarterly revenue was up 7.3% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. As a group, equities analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

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.