Clearbridge Investments LLC Cuts Holdings in Teledyne Technologies Incorporated $TDY

Clearbridge Investments LLC trimmed its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 258,647 shares of the scientific and technical instruments company’s stock after selling 3,467 shares during the quarter. Clearbridge Investments LLC’s holdings in Teledyne Technologies were worth $132,099,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Personal CFO Solutions LLC increased its holdings in Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock valued at $413,000 after buying an additional 16 shares during the period. US Asset Management LLC grew its holdings in Teledyne Technologies by 3.5% in the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 17 shares during the last quarter. Modera Wealth Management LLC grew its holdings in Teledyne Technologies by 1.2% in the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares during the last quarter. Cresset Asset Management LLC grew its holdings in Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares during the last quarter. Finally, Fiduciary Alliance LLC grew its holdings in shares of Teledyne Technologies by 2.3% during the fourth quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock valued at $509,000 after buying an additional 22 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $602.48 on Monday. The firm’s 50 day moving average price is $629.17 and its 200-day moving average price is $599.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The firm has a market cap of $27.91 billion, a P/E ratio of 30.47, a P/E/G ratio of 2.89 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the business earned $4.95 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. As a group, equities research analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TDY. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC increased their target price on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Morgan Stanley upped their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Jefferies Financial Group upped their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Citigroup upped their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $693.71.

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.