Codex Capital Asset Management L.L.C. Cuts Stock Holdings in Teledyne Technologies Incorporated $TDY

Codex Capital Asset Management L.L.C. lessened its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 22.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,100 shares of the scientific and technical instruments company’s stock after selling 900 shares during the quarter. Teledyne Technologies comprises approximately 0.6% of Codex Capital Asset Management L.L.C.’s holdings, making the stock its 28th biggest holding. Codex Capital Asset Management L.L.C.’s holdings in Teledyne Technologies were worth $1,583,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Personal CFO Solutions LLC increased its holdings in shares of Teledyne Technologies by 2.0% during the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 16 shares during the last quarter. US Asset Management LLC grew its position in Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after acquiring an additional 17 shares during the period. Modera Wealth Management LLC grew its position in Teledyne Technologies by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after acquiring an additional 18 shares during the period. Cresset Asset Management LLC increased its stake in Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after acquiring an additional 20 shares during the last quarter. Finally, Fiduciary Alliance LLC increased its stake in 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 worth $509,000 after acquiring an additional 22 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Price Performance

Shares of NYSE TDY opened at $626.90 on Tuesday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The business has a 50-day moving average of $630.66 and a 200-day moving average of $604.80. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company has a market capitalization of $29.04 billion, a price-to-earnings ratio of 31.71, a PEG ratio of 3.00 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.48 by $0.32. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the business posted $4.95 EPS. 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. On average, equities analysts anticipate that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TDY shares. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Citigroup boosted their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Needham & Company LLC increased their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Teledyne Technologies currently has an average rating of “Moderate Buy” and a consensus price target 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.