Vestmark Advisory Solutions Inc. Has $6.75 Million Position in Teledyne Technologies Incorporated $TDY

Vestmark Advisory Solutions Inc. trimmed its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 8.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,517 shares of the scientific and technical instruments company’s stock after selling 1,111 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Teledyne Technologies were worth $6,749,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Prudential Financial Inc. increased its position in Teledyne Technologies by 9.5% in the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after purchasing an additional 2,369 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Teledyne Technologies by 105.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after purchasing an additional 5,825 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of Teledyne Technologies by 843.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after buying an additional 20,562 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in Teledyne Technologies during the 3rd quarter worth $25,153,000. Finally, State of Alaska Department of Revenue grew its stake in Teledyne Technologies by 52.1% in the third quarter. State of Alaska Department of Revenue now owns 8,016 shares of the scientific and technical instruments company’s stock valued at $4,697,000 after acquiring an additional 2,746 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Citigroup lifted their target price on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Morgan Stanley initiated coverage on Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price target for the company. Finally, Stifel Nicolaus upped their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $627.88.

Insider Activity at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the sale, the insider owned 2,644 shares of the company’s stock, valued at approximately $1,666,936.24. This trade represents a 48.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.50% of the company’s stock.

Teledyne Technologies Stock Up 0.3%

Shares of TDY opened at $668.62 on Monday. The company has a market cap of $31.39 billion, a P/E ratio of 35.36, a P/E/G ratio of 3.31 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. Teledyne Technologies Incorporated has a one year low of $419.00 and a one year high of $675.19. The firm has a 50 day simple moving average of $580.88 and a two-hundred day simple moving average of $553.63.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal 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.