Walter Public Investments Inc. raised its position in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,549 shares of the scientific and technical instruments company’s stock after buying an additional 2,429 shares during the period. Teledyne Technologies comprises 3.4% of Walter Public Investments Inc.’s portfolio, making the stock its 13th biggest position. Walter Public Investments Inc. owned about 0.08% of Teledyne Technologies worth $19,177,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in shares of Teledyne Technologies during the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Teledyne Technologies during the fourth quarter worth approximately $28,000. Board of the Pension Protection Fund acquired a new stake in shares of Teledyne Technologies during the fourth quarter worth approximately $41,000. Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the third quarter worth approximately $43,000. Finally, AlphaQuest LLC increased its holdings in shares of Teledyne Technologies by 7,700.0% during the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after buying an additional 77 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently weighed in on TDY shares. Citigroup raised their price objective 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. Needham & Company LLC raised their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Stifel Nicolaus increased their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Morgan Stanley increased their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.
Teledyne Technologies Price Performance
TDY opened at $620.34 on Friday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company’s 50 day simple moving average is $630.36 and its 200-day simple moving average is $595.31. The stock has a market capitalization of $28.74 billion, a P/E ratio of 31.38, a price-to-earnings-growth ratio of 2.97 and a beta of 0.97.
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm earned $4.95 earnings per share. Teledyne Technologies’s 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. Sell-side analysts anticipate that Teledyne Technologies Incorporated will post 24.07 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.
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