1,276 Shares in Teledyne Technologies Incorporated $TDY Purchased by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. bought a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,276 shares of the scientific and technical instruments company’s stock, valued at approximately $851,000.

Other institutional investors have also bought and sold shares of the company. Meeder Asset Management Inc. acquired a new stake in shares of Teledyne Technologies in the 1st quarter valued at $27,000. Allied Private Wealth LLC bought a new stake in shares of Teledyne Technologies in the 2nd quarter worth about $28,000. Trust Co. of Vermont acquired a new stake in shares of Teledyne Technologies during the 2nd quarter worth about $28,000. DV Equities LLC bought a new position in Teledyne Technologies during the 4th quarter valued at about $33,000. Finally, Banque Cantonale Vaudoise bought a new position in Teledyne Technologies during the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Zacks Research raised Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Citigroup lifted their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Needham & Company LLC boosted their price objective on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Morgan Stanley increased their target price on Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, Barclays raised their target price on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $721.67.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $649.11 on Thursday. The business’s 50-day simple moving average is $647.32 and its 200 day simple moving average is $641.47. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The stock has a market cap of $30.09 billion, a price-to-earnings ratio of 31.34, a P/E/G ratio of 2.89 and a beta of 0.92. Teledyne Technologies Incorporated has a 12-month low of $483.02 and a 12-month high of $697.67.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, topping analysts’ consensus estimates of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business earned $5.20 EPS. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, research analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the transaction, the director owned 55,783 shares in the company, valued at $37,951,406.22. The trade was a 10.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.36% of the company’s stock.

Teledyne Technologies 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.