Teledyne Technologies Incorporated $TDY Stock Holdings Raised by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 8.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 744 shares of the scientific and technical instruments company’s stock after buying an additional 57 shares during the period. Axxcess Wealth Management LLC’s holdings in Teledyne Technologies were worth $381,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC grew its position in Teledyne Technologies by 24.6% in the 1st quarter. GAMMA Investing LLC now owns 998 shares of the scientific and technical instruments company’s stock worth $497,000 after purchasing an additional 197 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Teledyne Technologies by 11.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,040 shares of the scientific and technical instruments company’s stock worth $1,015,000 after acquiring an additional 205 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of Teledyne Technologies in the 1st quarter worth approximately $275,000. State of Alaska Department of Revenue lifted its stake in Teledyne Technologies by 2.6% during the first quarter. State of Alaska Department of Revenue now owns 5,455 shares of the scientific and technical instruments company’s stock valued at $2,715,000 after purchasing an additional 140 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in Teledyne Technologies during the first quarter valued at approximately $69,000. Institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

TDY has been the subject of several recent research reports. UBS Group increased their target price on shares of Teledyne Technologies from $585.00 to $630.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Morgan Stanley increased their target price on shares of Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a research note on Wednesday. Barclays initiated coverage on shares of Teledyne Technologies in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $606.00 target price for the company. Stifel Nicolaus initiated coverage on shares of Teledyne Technologies in a research note on Tuesday, June 24th. They set a “buy” rating and a $626.00 target price for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $585.25.

Teledyne Technologies Stock Up 0.1%

TDY stock opened at $562.29 on Friday. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $595.99. The company’s 50 day simple moving average is $558.09 and its 200-day simple moving average is $519.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.66 and a quick ratio of 1.07. The firm has a market capitalization of $26.37 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.60 and a beta of 1.11.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.05 by $0.15. Teledyne Technologies had a net margin of 14.54% and a return on equity of 9.96%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the previous year, the business earned $4.58 earnings per share. The firm’s revenue was up 10.2% compared to the same quarter last year. Teledyne Technologies has set its FY 2025 guidance at 21.200-21.50 EPS. Q3 2025 guidance at 5.350-5.45 EPS. As a group, equities research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Teledyne Technologies declared that its board has authorized a stock buyback plan on Wednesday, July 23rd that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to buy up to 7.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 1,975 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $560.10, for a total value of $1,106,197.50. Following the transaction, the director owned 51,328 shares in the company, valued at approximately $28,748,812.80. This represents a 3.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Simon M. Lorne sold 6,311 shares of the company’s stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $549.64, for a total transaction of $3,468,778.04. Following the completion of the transaction, the director owned 61,913 shares in the company, valued at approximately $34,029,861.32. This represents a 9.25% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,021 shares of company stock worth $8,315,662. 1.50% of the stock is currently owned by company insiders.

Teledyne Technologies Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.