Intech Investment Management LLC Decreases Position in Teledyne Technologies Incorporated $TDY

Intech Investment Management LLC lowered its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 54.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,600 shares of the scientific and technical instruments company’s stock after selling 4,220 shares during the period. Intech Investment Management LLC’s holdings in Teledyne Technologies were worth $1,839,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Abich Financial Wealth Management LLC purchased a new stake in shares of Teledyne Technologies during the third quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teledyne Technologies in the fourth quarter worth $28,000. Board of the Pension Protection Fund bought a new stake in Teledyne Technologies during the 4th quarter valued at $41,000. Banque Cantonale Vaudoise purchased a new stake in Teledyne Technologies during the 3rd quarter valued at $43,000. Finally, AlphaQuest LLC boosted its position in Teledyne Technologies by 7,700.0% during the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 77 shares during the period. Institutional investors own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TDY. Jefferies Financial Group increased their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Citigroup lifted their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Needham & Company LLC lifted their target price on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Trading Up 0.2%

NYSE:TDY opened at $619.26 on Friday. The company has a market cap of $28.69 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 2.96 and a beta of 0.94. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of $629.63 and a two-hundred day simple moving average of $598.84. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm earned $4.95 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. 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. Research analysts forecast 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.