Maridea Wealth Management LLC Invests $1.50 Million in Teledyne Technologies Incorporated $TDY

Maridea Wealth Management LLC purchased a new stake in Teledyne Technologies Incorporated (NYSE:TDY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,485 shares of the scientific and technical instruments company’s stock, valued at approximately $1,503,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in Teledyne Technologies during the 4th quarter worth approximately $428,664,000. Mariner LLC lifted its stake in Teledyne Technologies by 7,237.2% in the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after purchasing an additional 305,337 shares during the last quarter. FIL Ltd boosted its position in Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after buying an additional 274,976 shares in the last quarter. Artisan Partners Limited Partnership bought a new stake in shares of Teledyne Technologies during the third quarter worth $129,791,000. Finally, Dodge & Cox grew its stake in shares of Teledyne Technologies by 12.2% during the third quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock worth $985,111,000 after buying an additional 183,222 shares during the last quarter. 91.58% of the stock is owned by institutional investors.

Teledyne Technologies Stock Down 0.4%

Shares of TDY opened at $624.53 on Friday. The stock’s 50-day moving average price is $626.45 and its two-hundred day moving average price is $611.42. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a market capitalization of $28.93 billion, a PE ratio of 31.59, a PEG ratio of 3.01 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.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $4.95 earnings per share. 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, analysts anticipate that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TDY. Citigroup upped their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Needham & Company LLC upped their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. 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. Based on data from MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average target price of $693.71.

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.