Teledyne Technologies Incorporated $TDY Holdings Decreased by Heartland Advisors Inc.

Heartland Advisors Inc. decreased its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,095 shares of the scientific and technical instruments company’s stock after selling 1,119 shares during the quarter. Teledyne Technologies makes up 1.4% of Heartland Advisors Inc.’s investment portfolio, making the stock its 6th largest position. Heartland Advisors Inc.’s holdings in Teledyne Technologies were worth $25,585,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TDY. Abich Financial Wealth Management LLC acquired a new stake in Teledyne Technologies during the third quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teledyne Technologies in the fourth quarter valued at about $28,000. Board of the Pension Protection Fund purchased a new position in Teledyne Technologies in the fourth quarter valued at about $41,000. Banque Cantonale Vaudoise purchased a new position in Teledyne Technologies in the third quarter valued at about $43,000. Finally, AlphaQuest LLC grew its stake in Teledyne Technologies by 7,700.0% in the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TDY shares. Stifel Nicolaus boosted their target price on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Citigroup boosted their target price on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Needham & Company LLC boosted their target price on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group boosted their target price on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $603.20 on Thursday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The business has a 50-day moving average of $630.09 and a two-hundred day moving average of $602.04. The stock has a market capitalization of $27.95 billion, a P/E ratio of 30.51, a P/E/G ratio of 2.97 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16.

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, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the firm earned $4.95 earnings per share. The business’s quarterly 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. On average, equities research analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS 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.