Securian Asset Management Inc. Decreases Stock Position in Teledyne Technologies Incorporated $TDY

Securian Asset Management Inc. trimmed its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 45.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,268 shares of the scientific and technical instruments company’s stock after selling 1,050 shares during the period. Securian Asset Management Inc.’s holdings in Teledyne Technologies were worth $648,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Wealth LLC lifted its holdings in Teledyne Technologies by 2.8% in the 4th quarter. NewEdge Wealth LLC now owns 10,523 shares of the scientific and technical instruments company’s stock worth $5,374,000 after buying an additional 285 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Teledyne Technologies by 59.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 3,339 shares of the scientific and technical instruments company’s stock worth $1,705,000 after acquiring an additional 1,251 shares during the last quarter. Ethic Inc. lifted its stake in shares of Teledyne Technologies by 10.6% in the fourth quarter. Ethic Inc. now owns 5,437 shares of the scientific and technical instruments company’s stock worth $2,777,000 after acquiring an additional 523 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Teledyne Technologies in the fourth quarter worth about $321,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in Teledyne Technologies by 52.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,080 shares of the scientific and technical instruments company’s stock valued at $1,062,000 after purchasing an additional 718 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 0.4%

Shares of NYSE TDY opened at $638.35 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average price is $637.50 and its two-hundred day moving average price is $588.05. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The stock has a market capitalization of $29.57 billion, a P/E ratio of 32.29, a PEG ratio of 3.04 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.48 by $0.32. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $4.95 EPS. 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, analysts anticipate that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on TDY. Jefferies Financial Group raised their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Needham & Company LLC increased 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 raised their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Citigroup increased their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $693.71.

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.