Y Intercept Hong Kong Ltd acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 12,624 shares of the scientific and technical instruments company’s stock, valued at approximately $7,638,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Personal CFO Solutions LLC grew its position in shares of Teledyne Technologies by 2.0% in the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 16 shares during the period. US Asset Management LLC lifted its position in Teledyne Technologies by 3.5% during the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after acquiring an additional 17 shares during the period. Modera Wealth Management LLC lifted its position in Teledyne Technologies by 1.2% during the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after acquiring an additional 18 shares during the period. CENTRAL TRUST Co boosted its stake in Teledyne Technologies by 24.3% during the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after acquiring an additional 18 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its stake in Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after acquiring an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on TDY. Stifel Nicolaus raised their target price 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. Needham & Company LLC boosted their price target on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays raised their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Finally, Citigroup boosted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $694.14.
Teledyne Technologies Trading Up 0.1%
NYSE:TDY opened at $652.53 on Friday. The company’s 50 day moving average price is $627.69 and its 200-day moving average price is $616.26. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38. 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 has a market cap of $30.23 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 3.13 and a beta of 0.92.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced 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 company had revenue of $1.56 billion during 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 firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the business 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, equities research analysts forecast that Teledyne Technologies Incorporated will post 24.01 earnings per share 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.
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