Clear Harbor Asset Management LLC Acquires Shares of 6,102 Teledyne Technologies Incorporated $TDY

Clear Harbor Asset Management LLC acquired a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,102 shares of the scientific and technical instruments company’s stock, valued at approximately $4,069,000.

A number of other institutional investors also recently made changes to their positions in TDY. Meeder Asset Management Inc. purchased a new position in shares of Teledyne Technologies during the 1st quarter valued at approximately $27,000. Allied Private Wealth LLC bought a new stake in shares of Teledyne Technologies in the second quarter worth $28,000. Trust Co. of Vermont bought a new stake in shares of Teledyne Technologies in the second quarter worth $28,000. DV Equities LLC acquired a new stake in Teledyne Technologies in the fourth quarter valued at $33,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in Teledyne Technologies in the second quarter valued at $35,000. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Price Performance

TDY opened at $635.01 on Friday. 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 company’s 50-day moving average price is $647.73 and its 200 day moving average price is $641.52. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The firm has a market cap of $29.44 billion, a price-to-earnings ratio of 30.66, a price-to-earnings-growth ratio of 2.77 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.Teledyne Technologies’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.20 earnings per share. 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, sell-side analysts expect that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TDY. Citigroup raised their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Barclays lifted their price target on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday. Two research 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 company. Based on data from MarketBeat.com, Teledyne Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Activity

In related news, Director Simon M. Lorne sold 6,449 shares of the business’s stock in a transaction that occurred on 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 completion of 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 through this hyperlink. Company 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.