Teledyne Technologies Incorporated $TDY Shares Purchased by Maren Capital LLC

Maren Capital LLC increased its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 4.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 376,928 shares of the scientific and technical instruments company’s stock after buying an additional 14,806 shares during the quarter. Teledyne Technologies comprises approximately 11.7% of Maren Capital LLC’s portfolio, making the stock its 3rd biggest holding. Maren Capital LLC’s holdings in Teledyne Technologies were worth $251,373,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TDY. Trust Co. of Vermont acquired a new position in shares of Teledyne Technologies during the 2nd quarter valued at about $28,000. Allied Private Wealth LLC purchased a new position in shares of Teledyne Technologies during the 2nd quarter worth about $28,000. Meeder Asset Management Inc. purchased a new position in shares of Teledyne Technologies during the 1st quarter worth about $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Teledyne Technologies in the second quarter worth approximately $33,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Teledyne Technologies in the second quarter worth approximately $35,000. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on TDY. Zacks Research lowered shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Citigroup upped their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Finally, Stifel Nicolaus increased their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Buying and Selling at Teledyne Technologies

In related news, Director Simon Lorne sold 6,449 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the sale, the director directly owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.36% of the company’s stock.

Teledyne Technologies Trading Up 0.4%

NYSE TDY opened at $610.34 on Friday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $697.67. The company’s 50 day moving average price is $647.25 and its 200 day moving average price is $639.68. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The firm has a market capitalization of $28.29 billion, a price-to-earnings ratio of 29.47, a PEG ratio of 2.66 and a beta of 0.91.

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