Hsbc Holdings PLC Raises Stock Holdings in Teledyne Technologies Incorporated $TDY

Hsbc Holdings PLC boosted its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 7.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 249,294 shares of the scientific and technical instruments company’s stock after acquiring an additional 16,391 shares during the quarter. Hsbc Holdings PLC owned 0.54% of Teledyne Technologies worth $166,289,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TDY. CX Institutional lifted its stake in Teledyne Technologies by 2.8% in the 2nd quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock valued at $411,000 after buying an additional 17 shares in the last quarter. CENTRAL TRUST Co boosted its stake in shares of Teledyne Technologies by 24.3% in 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 during the last quarter. Assetmark Inc. increased its position in shares of Teledyne Technologies by 10.5% during the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock worth $115,000 after purchasing an additional 18 shares in the last quarter. Parvin Asset Management LLC lifted its holdings in Teledyne Technologies by 12.5% in the 1st quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company’s stock valued at $109,000 after purchasing an additional 20 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its stake in Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

NYSE TDY opened at $627.39 on Wednesday. The stock has a fifty day simple moving average of $647.66 and a 200-day simple moving average of $641.59. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $697.67. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19. The stock has a market cap of $29.09 billion, a PE ratio of 30.29, a P/E/G ratio of 2.72 and a beta of 0.92.

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

Insider Buying and Selling at Teledyne Technologies

In related news, Director Simon M. Lorne sold 6,449 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the sale, the director owned 55,783 shares in the company, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.36% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Citigroup boosted their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Morgan Stanley upped their price target on Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Barclays boosted their price objective 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. Needham & Company LLC raised their target price on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three 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 an average price target of $721.67.

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.