Janus Henderson Group PLC Raises Position in Teledyne Technologies Incorporated $TDY

Janus Henderson Group PLC increased its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 0.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,693,281 shares of the scientific and technical instruments company’s stock after buying an additional 9,824 shares during the period. Janus Henderson Group PLC owned 3.61% of Teledyne Technologies worth $864,811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Teledyne Technologies in the fourth quarter worth $28,000. DV Equities LLC purchased a new stake in shares of Teledyne Technologies in the fourth quarter worth $33,000. Banque Cantonale Vaudoise purchased a new stake in shares of Teledyne Technologies in the third quarter worth $43,000. Board of the Pension Protection Fund purchased a new stake in shares of Teledyne Technologies in the fourth quarter worth $41,000. Finally, eCIO Inc. purchased a new stake in shares of Teledyne Technologies in the fourth quarter worth $47,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Citigroup increased their target price on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Barclays increased their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Morgan Stanley increased their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Stock Down 2.3%

TDY opened at $615.50 on Thursday. The stock has a market cap of $28.52 billion, a PE ratio of 31.13, a P/E/G ratio of 3.02 and a beta of 0.94. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38. The business’s fifty day simple moving average is $630.42 and its 200 day simple moving average is $606.55.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the firm earned $4.95 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. 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, research analysts expect that Teledyne Technologies Incorporated will post 24.01 earnings per share 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.