Teledyne Technologies Incorporated $TDY Shares Sold by Walter Public Investments Inc.

Walter Public Investments Inc. decreased its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 35.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,209 shares of the scientific and technical instruments company’s stock after selling 13,340 shares during the period. Teledyne Technologies comprises 3.5% of Walter Public Investments Inc.’s portfolio, making the stock its 8th largest holding. Walter Public Investments Inc. owned about 0.05% of Teledyne Technologies worth $14,647,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp lifted its stake in Teledyne Technologies by 874.5% in the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after acquiring an additional 1,749 shares during the last quarter. Empowered Funds LLC lifted its position in Teledyne Technologies by 78.6% during the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after acquiring an additional 683 shares during the last quarter. Focus Partners Wealth lifted its position in Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after acquiring an additional 272 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Teledyne Technologies during the second quarter valued at about $5,590,000. Finally, Cresset Asset Management LLC boosted its holdings 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 valued at $425,000 after acquiring an additional 20 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TDY has been the topic of a number of recent analyst reports. Barclays lifted their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Citigroup raised their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Stifel Nicolaus upped their price target on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Teledyne Technologies currently has an average rating of “Moderate Buy” and an average price target of $694.14.

Teledyne Technologies Trading Up 0.1%

Teledyne Technologies stock opened at $652.53 on Friday. The business has a 50 day moving average price of $627.69 and a two-hundred day moving average price of $616.26. 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 stock has a market cap of $30.23 billion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 3.13 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) 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 the consensus estimate of $5.48 by $0.32. The company had revenue of $1.56 billion for 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%.Teledyne Technologies’s revenue for the quarter was up 7.6% compared to the same quarter last year. 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. As a group, equities analysts forecast that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

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.