Greenhouse Funds LLLP raised its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 132,514 shares of the scientific and technical instruments company’s stock after acquiring an additional 6,749 shares during the quarter. Teledyne Technologies makes up 2.8% of Greenhouse Funds LLLP’s investment portfolio, making the stock its 18th biggest holding. Greenhouse Funds LLLP owned about 0.28% of Teledyne Technologies worth $77,659,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in TDY. Hennion & Walsh Asset Management Inc. increased its stake in Teledyne Technologies by 3.2% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock valued at $373,000 after purchasing an additional 20 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in shares of Teledyne Technologies by 2.5% in 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 in the last quarter. SBI Securities Co. Ltd. grew its position in shares of Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of Teledyne Technologies by 2.4% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock valued at $568,000 after buying an additional 23 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its stake in 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 worth $563,000 after acquiring an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have issued reports on TDY shares. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Morgan Stanley boosted their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Needham & Company LLC raised their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Jefferies Financial Group boosted their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $650.33.
Teledyne Technologies Stock Up 0.0%
TDY opened at $655.52 on Thursday. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $693.38. The business has a 50 day moving average price of $621.97 and a two-hundred day moving average price of $565.05. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The company has a market cap of $30.36 billion, a PE ratio of 34.67, a P/E/G ratio of 3.24 and a beta of 0.99.
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the business earned $5.52 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. 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, research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.
Insider Buying and Selling at Teledyne Technologies
In other news, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider owned 2,644 shares of the company’s stock, valued at $1,666,936.24. The trade was a 48.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 in the last 90 days. Company insiders own 1.50% of the company’s stock.
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.
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