Teledyne Technologies Incorporated $TDY Stake Raised by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 15.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,319 shares of the scientific and technical instruments company’s stock after acquiring an additional 972 shares during the quarter. NEOS Investment Management LLC’s holdings in Teledyne Technologies were worth $4,881,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Teledyne Technologies during the second quarter worth approximately $2,751,121,000. State Street Corp lifted its position in Teledyne Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock worth $1,291,957,000 after buying an additional 61,135 shares in the last quarter. Janus Henderson Group PLC lifted its position in Teledyne Technologies by 0.6% in the 4th quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after buying an additional 9,824 shares in the last quarter. Dodge & Cox boosted its stake in shares of Teledyne Technologies by 0.3% during the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock valued at $860,754,000 after buying an additional 4,378 shares during the period. Finally, Jupiter Topco LLC acquired a new stake in shares of Teledyne Technologies during the 2nd quarter valued at $1,027,237,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on TDY shares. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Barclays boosted their target price on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Stifel Nicolaus upped their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Wednesday, August 19th. Finally, Citigroup lifted their price target on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Buying and Selling at Teledyne Technologies

In related news, Director Simon Lorne sold 6,449 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares in the company, valued at approximately $37,951,406.22. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.36% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $610.34 on Monday. The business’s 50-day simple moving average is $647.25 and its 200-day simple moving average is $639.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67. The firm has a market cap of $28.30 billion, a price-to-earnings ratio of 29.47, a P/E/G ratio of 2.66 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping the consensus estimate of $5.79 by $0.49. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $5.20 EPS. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, equities research analysts expect that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal 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.