Teledyne Technologies Incorporated $TDY Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 1.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 252,967 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,611 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Teledyne Technologies were worth $156,326,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Teledyne Technologies during the 4th quarter valued at about $428,664,000. FIL Ltd lifted its holdings in shares of 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 purchasing an additional 274,976 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Teledyne Technologies by 25.7% in the third quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company’s stock valued at $448,265,000 after purchasing an additional 156,559 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Teledyne Technologies by 81.8% in the fourth quarter. Hsbc Holdings PLC now owns 216,171 shares of the scientific and technical instruments company’s stock valued at $110,495,000 after purchasing an additional 97,281 shares during the last quarter. Finally, Moore Capital Management LP purchased a new position in shares of Teledyne Technologies during the 4th quarter worth approximately $41,615,000. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Stock Up 1.1%

TDY stock opened at $630.76 on Friday. The stock has a market capitalization of $29.22 billion, a P/E ratio of 31.90, a PEG ratio of 2.98 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The company has a 50 day moving average price of $626.11 and a two-hundred day moving average price of $624.74.

Teledyne Technologies (NYSE:TDY) last issued 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 for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the company posted $4.95 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Teledyne Technologies Incorporated will post 24.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TDY shares. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Barclays increased their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Citigroup boosted their price target on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. 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 report on Wednesday, April 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $694.14.

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.