JT Stratford LLC trimmed its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 39.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,264 shares of the scientific and technical instruments company’s stock after selling 820 shares during the period. JT Stratford LLC’s holdings in Teledyne Technologies were worth $741,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new position in shares of Teledyne Technologies during the 3rd quarter valued at $26,000. SBI Securities Co. Ltd. raised its holdings in shares of Teledyne Technologies by 75.9% during the second 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 during the period. Rexford Capital Inc. bought a new position in shares of Teledyne Technologies during the 2nd quarter worth about $29,000. First Horizon Advisors Inc. boosted its position 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 purchasing an additional 27 shares in the last quarter. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Teledyne Technologies in the 3rd quarter valued at about $46,000. Institutional investors and hedge funds own 91.58% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on TDY. Citigroup upped their price target on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Needham & Company LLC boosted their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Jefferies Financial Group upped their target price on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Barclays increased their target price on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Finally, Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $650.33.
Teledyne Technologies Stock Down 4.1%
TDY stock opened at $654.88 on Friday. Teledyne Technologies Incorporated has a twelve month low of $419.00 and a twelve month high of $693.38. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average is $610.96 and its 200-day moving average is $561.81. The firm has a market capitalization of $30.33 billion, a PE ratio of 34.63, a P/E/G ratio of 3.38 and a beta of 0.99.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping 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 return on equity of 10.08% and a net margin of 14.63%.Teledyne Technologies’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Sell-side analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.
Insider Buying and Selling at Teledyne Technologies
In other news, Vice Chairman Jason Vanwees sold 2,500 shares of the stock in a transaction dated 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 in the company, valued at $1,666,936.24. This represents a 48.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 11,500 shares of company stock valued at $7,214,750. Company insiders own 1.50% of the company’s stock.
Teledyne Technologies Company 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.
Featured Stories
- Five stocks we like better than Teledyne Technologies
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- [How To] Invest Pre-IPO In SpaceX With $100!
Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
