Hsbc Holdings PLC Buys 97,281 Shares of Teledyne Technologies Incorporated $TDY

Hsbc Holdings PLC grew its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 81.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,171 shares of the scientific and technical instruments company’s stock after acquiring an additional 97,281 shares during the period. Hsbc Holdings PLC’s holdings in Teledyne Technologies were worth $110,495,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Teledyne Technologies during the fourth quarter valued at approximately $28,000. DV Equities LLC acquired a new position in Teledyne Technologies during the 4th quarter worth $33,000. Board of the Pension Protection Fund bought a new position in Teledyne Technologies in the 4th quarter valued at $41,000. Banque Cantonale Vaudoise bought a new position in Teledyne Technologies in the 3rd quarter valued at $43,000. Finally, eCIO Inc. acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at $47,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Morgan Stanley upped 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. Finally, Needham & Company LLC raised their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $621.00 on Monday. 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 firm has a market capitalization of $28.77 billion, a P/E ratio of 31.41, a PEG ratio of 2.97 and a beta of 0.94. The business has a 50-day moving average of $629.37 and a 200-day moving average of $608.32. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38.

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 for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company posted $4.95 EPS. Teledyne Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. 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, equities analysts anticipate that Teledyne Technologies Incorporated will post 24.01 EPS 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.