Callan Family Office LLC Takes Position in Teledyne Technologies Incorporated $TDY

Callan Family Office LLC acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,629 shares of the scientific and technical instruments company’s stock, valued at approximately $4,421,000.

A number of other institutional investors also recently bought and sold shares of TDY. Meeder Asset Management Inc. bought a new stake in Teledyne Technologies during the first quarter valued at about $27,000. Allied Private Wealth LLC bought a new position in shares of Teledyne Technologies in the second quarter worth about $28,000. Trust Co. of Vermont bought a new position in shares of Teledyne Technologies in the second quarter worth about $28,000. DV Equities LLC purchased a new position in shares of Teledyne Technologies during the 4th quarter valued at about $33,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in shares of Teledyne Technologies during the 2nd quarter valued at about $35,000. 91.58% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Simon M. Lorne sold 6,449 shares of the company’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 sale, the director directly owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.36% of the stock is owned by company insiders.

Teledyne Technologies Stock Up 0.2%

TDY opened at $635.01 on Friday. The company has a market capitalization of $29.44 billion, a PE ratio of 30.66, a price-to-earnings-growth ratio of 2.76 and a beta of 0.92. The firm has a 50-day simple moving average of $647.73 and a two-hundred day simple moving average of $641.52. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67.

Teledyne Technologies (NYSE:TDY) last posted 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 return on equity of 10.56% and a net margin of 15.29%.The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the business earned $5.20 earnings per share. The firm’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. Analysts forecast that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDY has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday. 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. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Morgan Stanley increased their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Finally, Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

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.