Teledyne Technologies Incorporated $TDY Shares Sold by Findlay Park Partners LLP

Findlay Park Partners LLP decreased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 1.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 206,939 shares of the scientific and technical instruments company’s stock after selling 3,600 shares during the period. Findlay Park Partners LLP’s holdings in Teledyne Technologies were worth $121,275,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TDY. SBI Securities Co. Ltd. increased its stake in shares of Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Teledyne Technologies in the third quarter valued at approximately $26,000. Rexford Capital Inc. purchased a new stake in shares of Teledyne Technologies in the second quarter valued at approximately $29,000. First Horizon Advisors Inc. raised its stake in shares of Teledyne Technologies by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 27 shares during the period. Finally, Assetmark Inc. lifted its position in shares of Teledyne Technologies by 193.1% during the 2nd quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 56 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares in the company, valued at $29,390,688. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the sale, the insider owned 51,025 shares of the company’s stock, valued at $32,192,693. This represents a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 11,500 shares of company stock worth $7,214,750. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Citigroup upped their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley began coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price target for the company. Jefferies Financial Group lifted their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Needham & Company LLC boosted their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Barclays lifted their price target on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Teledyne Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $643.67.

Teledyne Technologies Trading Up 0.3%

TDY opened at $680.54 on Friday. The firm has a market capitalization of $31.52 billion, a price-to-earnings ratio of 35.99, a price-to-earnings-growth ratio of 3.37 and a beta of 1.01. The company’s 50 day simple moving average is $598.02 and its two-hundred day simple moving average is $558.15. Teledyne Technologies Incorporated has a 1-year low of $419.00 and a 1-year high of $691.87. 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 (NYSE:TDY) last posted its quarterly earnings results 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 firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $5.52 earnings per share. 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. Analysts expect 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.