Fideuram Intesa Sanpaolo Private Banking S.P.A. Makes New Investment in Teledyne Technologies Incorporated $TDY

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Teledyne Technologies Incorporated (NYSE:TDY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,663 shares of the scientific and technical instruments company’s stock, valued at approximately $3,914,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mariner LLC lifted its position in shares of Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after buying an additional 305,337 shares during the last quarter. Artisan Partners Limited Partnership bought a new position in Teledyne Technologies in the third quarter valued at about $129,791,000. Public Sector Pension Investment Board raised its stake in Teledyne Technologies by 4,520.4% during the third quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock worth $120,982,000 after acquiring an additional 201,972 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in shares of Teledyne Technologies in the third quarter worth about $108,576,000. Finally, Dodge & Cox boosted its stake in shares of Teledyne Technologies by 12.2% in the 3rd quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after purchasing an additional 183,222 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TDY. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley raised their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. Jefferies Financial Group boosted their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Barclays raised their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Stock Up 1.2%

NYSE:TDY opened at $613.59 on Thursday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company has a market cap of $28.43 billion, a PE ratio of 31.04, a P/E/G ratio of 2.90 and a beta of 0.97. The firm’s 50 day simple moving average is $633.82 and its 200 day simple moving average is $590.64.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $4.95 EPS. 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. On average, research analysts anticipate that Teledyne Technologies Incorporated will post 24.07 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.