Teledyne Technologies Incorporated (NYSE:TDY) Director Schack Wesley W. Von sold 1,206 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $182.73, for a total value of $220,372.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Teledyne Technologies Incorporated (NYSE TDY) traded up $0.30 during midday trading on Monday, reaching $180.63. The company’s stock had a trading volume of 67,900 shares, compared to its average volume of 169,050. Teledyne Technologies Incorporated has a 1-year low of $116.51 and a 1-year high of $185.66. The company has a market capitalization of $6,400.89, a price-to-earnings ratio of 27.33, a price-to-earnings-growth ratio of 3.59 and a beta of 1.01. The company has a current ratio of 1.98, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Thursday, November 2nd. The scientific and technical instruments company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.34. Teledyne Technologies had a return on equity of 15.44% and a net margin of 10.42%. The business had revenue of $662.20 million during the quarter, compared to analyst estimates of $656.20 million. During the same period in the prior year, the company earned $1.46 earnings per share. Teledyne Technologies’s revenue was up 25.7% compared to the same quarter last year. equities research analysts anticipate that Teledyne Technologies Incorporated will post 6.7 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ironwood Investment Management LLC grew its holdings in Teledyne Technologies by 0.7% during the second quarter. Ironwood Investment Management LLC now owns 2,711 shares of the scientific and technical instruments company’s stock valued at $346,000 after purchasing an additional 18 shares during the period. Teacher Retirement System of Texas grew its holdings in Teledyne Technologies by 1.3% during the second quarter. Teacher Retirement System of Texas now owns 2,651 shares of the scientific and technical instruments company’s stock valued at $338,000 after purchasing an additional 35 shares during the period. World Asset Management Inc grew its holdings in Teledyne Technologies by 2.8% during the second quarter. World Asset Management Inc now owns 2,199 shares of the scientific and technical instruments company’s stock valued at $281,000 after purchasing an additional 59 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Teledyne Technologies by 0.8% during the second quarter. Oppenheimer Asset Management Inc. now owns 10,677 shares of the scientific and technical instruments company’s stock valued at $1,363,000 after purchasing an additional 84 shares during the period. Finally, First Midwest Bank Trust Division grew its holdings in Teledyne Technologies by 1.9% during the second quarter. First Midwest Bank Trust Division now owns 4,621 shares of the scientific and technical instruments company’s stock valued at $590,000 after purchasing an additional 86 shares during the period. 83.39% of the stock is owned by institutional investors and hedge funds.

TDY has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $157.00 target price (up from $148.00) on shares of Teledyne Technologies in a report on Wednesday, August 9th. BidaskClub raised Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research raised Teledyne Technologies from a “hold” rating to a “buy” rating and set a $166.00 target price for the company in a report on Tuesday, August 8th. ValuEngine raised Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Finally, Jefferies Group LLC upped their target price on Teledyne Technologies from $150.00 to $170.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $175.33.

About Teledyne Technologies

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

Insider Buying and Selling by Quarter for Teledyne Technologies (NYSE:TDY)

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