Goldman Sachs Group Inc. Boosts Holdings in Teledyne Technologies Incorporated $TDY

Goldman Sachs Group Inc. boosted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,867 shares of the scientific and technical instruments company’s stock after acquiring an additional 33,995 shares during the period. Goldman Sachs Group Inc.’s holdings in Teledyne Technologies were worth $104,121,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Westpac Banking Corp lifted its position in Teledyne Technologies by 7.0% during the fourth quarter. Westpac Banking Corp now owns 5,846 shares of the scientific and technical instruments company’s stock valued at $2,986,000 after acquiring an additional 381 shares during the last quarter. Kesler Norman & Wride LLC purchased a new stake in Teledyne Technologies during the fourth quarter valued at approximately $763,000. Natixis Advisors LLC increased its stake in Teledyne Technologies by 1.9% during the 4th quarter. Natixis Advisors LLC now owns 201,918 shares of the scientific and technical instruments company’s stock valued at $103,126,000 after purchasing an additional 3,834 shares in the last quarter. AXQ Capital LP acquired a new position in Teledyne Technologies during the 4th quarter valued at approximately $622,000. Finally, Clear Harbor Asset Management LLC increased its stake in Teledyne Technologies by 0.5% during the 4th quarter. Clear Harbor Asset Management LLC now owns 6,121 shares of the scientific and technical instruments company’s stock valued at $3,126,000 after purchasing an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Jefferies Financial Group upped their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. 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. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC upped their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, Stifel Nicolaus upped 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. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Stock Up 1.0%

NYSE:TDY opened at $618.48 on Wednesday. The firm has a market capitalization of $28.65 billion, a P/E ratio of 31.28, a PEG ratio of 2.94 and a beta of 0.94. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The company’s fifty day moving average price is $629.70 and its 200-day moving average price is $601.21. 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 released its quarterly earnings data 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. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business 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, equities research analysts anticipate that Teledyne Technologies Incorporated will post 24.01 EPS for the current 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.