Moore Capital Management LP Invests $41.62 Million in Teledyne Technologies Incorporated $TDY

Moore Capital Management LP bought a new position in shares of Teledyne Technologies Incorporated (NYSE:TDYFree Report) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 81,482 shares of the scientific and technical instruments company’s stock, valued at approximately $41,615,000. Teledyne Technologies makes up about 0.6% of Moore Capital Management LP’s holdings, making the stock its 20th biggest holding.

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Teledyne Technologies by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after buying an additional 66,984 shares during the last quarter. State Street Corp lifted its stake in shares of Teledyne Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock worth $1,291,957,000 after buying an additional 61,135 shares during the last quarter. Janus Henderson Group PLC raised its stake in Teledyne Technologies by 0.6% in the 4th quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after purchasing an additional 9,824 shares in the last quarter. Dodge & Cox raised its stake in Teledyne Technologies by 0.3% in the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock worth $860,754,000 after purchasing an additional 4,378 shares in the last quarter. Finally, FIL Ltd raised its stake in Teledyne Technologies by 25.2% in the 4th quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock worth $698,238,000 after purchasing an additional 274,976 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TDY. Morgan Stanley lifted their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Barclays lifted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Needham & Company LLC lifted their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Finally, Citigroup lifted 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. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.

Check Out Our Latest Research Report on TDY

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $615.50 on Thursday. The firm has a 50 day moving average of $630.42 and a 200-day moving average of $606.55. The stock has a market capitalization of $28.52 billion, a PE ratio of 31.13, a PEG ratio of 3.02 and a beta of 0.94. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDYGet Free Report) last issued 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 company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $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 research analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

Teledyne Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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