Clough Capital Partners L P Sells 26,205 Shares of Teledyne Technologies Incorporated $TDY

Clough Capital Partners L P trimmed its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 47.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,745 shares of the scientific and technical instruments company’s stock after selling 26,205 shares during the period. Clough Capital Partners L P’s holdings in Teledyne Technologies were worth $14,681,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TDY. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teledyne Technologies in the fourth quarter valued at $28,000. DV Equities LLC acquired a new position in Teledyne Technologies in the fourth quarter worth $33,000. Board of the Pension Protection Fund acquired a new position in Teledyne Technologies in the fourth quarter worth $41,000. Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies in the third quarter worth $43,000. Finally, eCIO Inc. acquired a new position in Teledyne Technologies in the fourth quarter worth $47,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Trading Down 2.3%

Shares of TDY opened at $615.50 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 12-month low of $483.02 and a 12-month high of $693.38. The firm has a market capitalization of $28.52 billion, a PE ratio of 31.13, a price-to-earnings-growth ratio of 3.02 and a beta of 0.94. The stock’s fifty day simple moving average is $630.42 and its 200-day simple moving average is $606.55.

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 (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business 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 firm posted $4.95 earnings per share. The firm’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, research analysts predict that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on TDY shares. Morgan Stanley boosted their price objective on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Needham & Company LLC boosted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Finally, Citigroup boosted their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.

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.