Jefferies Financial Group Inc. Cuts Stock Holdings in Teledyne Technologies Incorporated $TDY

Jefferies Financial Group Inc. lowered its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 54.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,804 shares of the scientific and technical instruments company’s stock after selling 4,596 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Teledyne Technologies were worth $1,943,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Teledyne Technologies by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock valued at $3,053,038,000 after acquiring an additional 66,984 shares during the period. State Street Corp grew its position in shares of Teledyne Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock valued at $1,291,957,000 after acquiring an additional 61,135 shares during the period. Dodge & Cox grew its position in shares of Teledyne Technologies by 12.2% during the 3rd quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after acquiring an additional 183,222 shares during the period. JPMorgan Chase & Co. grew its position in shares of Teledyne Technologies by 2.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 942,825 shares of the scientific and technical instruments company’s stock valued at $552,536,000 after acquiring an additional 24,222 shares during the period. Finally, Invesco Ltd. grew its position in shares of Teledyne Technologies by 25.7% during the 3rd quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company’s stock valued at $448,265,000 after acquiring an additional 156,559 shares during the period. Institutional investors own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

TDY has been the topic of a number of recent research reports. Citigroup upped their price target on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Barclays upped their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Morgan Stanley upped 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $613.40 on Thursday. The company has a 50 day moving average of $630.80 and a 200 day moving average of $594.27. The stock has a market cap of $28.42 billion, a P/E ratio of 31.03, a P/E/G ratio of 3.01 and a beta of 0.97. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating 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 firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $4.95 earnings per share. 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 forecast that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

About Teledyne Technologies

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.