JPMorgan Chase & Co. Sells 58,658 Shares of Teledyne Technologies Incorporated $TDY

JPMorgan Chase & Co. cut its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 884,167 shares of the scientific and technical instruments company’s stock after selling 58,658 shares during the period. JPMorgan Chase & Co. owned 1.88% of Teledyne Technologies worth $451,571,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in shares of Teledyne Technologies in the third quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Teledyne Technologies in the fourth quarter worth about $28,000. Board of the Pension Protection Fund bought a new position in shares of Teledyne Technologies in the fourth quarter worth about $41,000. Banque Cantonale Vaudoise bought a new position in shares of Teledyne Technologies in the third quarter worth about $43,000. Finally, AlphaQuest LLC increased its stake in shares of Teledyne Technologies by 7,700.0% in the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 77 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TDY has been the topic of a number of recent analyst reports. Needham & Company LLC lifted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Citigroup lifted their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays boosted their price target on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Stifel Nicolaus boosted their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Trading Down 2.6%

Shares of TDY opened at $603.20 on Thursday. Teledyne Technologies Incorporated has a 12-month low of $483.02 and a 12-month high of $693.38. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $27.95 billion, a price-to-earnings ratio of 30.51, a P/E/G ratio of 2.97 and a beta of 0.94. The stock’s 50-day moving average price is $630.09 and its 200 day moving average price is $602.04.

Teledyne Technologies (NYSE:TDY) last issued 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. 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 analyst estimates of $1.52 billion. During the same period in the previous year, the company posted $4.95 earnings per share. The company’s quarterly 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. As a group, research analysts predict that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current 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.