AE Wealth Management LLC Purchases New Shares in Teledyne Technologies Incorporated $TDY

AE Wealth Management LLC purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,164 shares of the scientific and technical instruments company’s stock, valued at approximately $682,000.

A number of other institutional investors have also recently bought and sold shares of TDY. Cresset Asset Management LLC boosted its stake in shares of Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after buying an additional 20 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in Teledyne Technologies by 3.2% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after acquiring an additional 20 shares during the period. Fourpath Capital Management LLC raised its holdings in Teledyne Technologies by 3.0% in the 2nd quarter. Fourpath Capital Management LLC now owns 714 shares of the scientific and technical instruments company’s stock valued at $366,000 after acquiring an additional 21 shares in the last quarter. Nvest Financial LLC lifted its position in shares of Teledyne Technologies by 1.3% during the 2nd quarter. Nvest Financial LLC now owns 1,634 shares of the scientific and technical instruments company’s stock valued at $837,000 after acquiring an additional 21 shares during the period. Finally, SBI Securities Co. Ltd. lifted its position in shares of Teledyne Technologies by 75.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 22 shares during the period. Institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TDY. Barclays raised their price target on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Stifel Nicolaus raised their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Needham & Company LLC upped their price target on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citigroup increased their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley assumed coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $627.88.

Insiders Place Their Bets

In other news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the transaction, the insider directly owned 2,644 shares of the company’s stock, valued at $1,666,936.24. This represents a 48.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Teledyne Technologies Trading Down 1.6%

Shares of Teledyne Technologies stock opened at $629.97 on Thursday. The firm’s 50 day moving average is $545.78 and its 200 day moving average is $544.95. The firm has a market capitalization of $29.58 billion, a PE ratio of 33.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.01. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $646.64. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Teledyne Technologies Company 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.