Marks Group Wealth Management Inc Sells 883 Shares of Teledyne Technologies Incorporated $TDY

Marks Group Wealth Management Inc decreased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 5.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,284 shares of the scientific and technical instruments company’s stock after selling 883 shares during the period. Teledyne Technologies makes up approximately 0.9% of Marks Group Wealth Management Inc’s holdings, making the stock its 28th biggest position. Marks Group Wealth Management Inc’s holdings in Teledyne Technologies were worth $9,543,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its holdings in Teledyne Technologies by 3.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after acquiring an additional 20 shares during the last quarter. Cresset Asset Management LLC lifted its stake in shares of Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after buying an additional 20 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after acquiring an additional 22 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in Teledyne Technologies by 2.4% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock worth $568,000 after purchasing an additional 23 shares during the period. Finally, Snowden Capital Advisors LLC grew its stake in Teledyne Technologies by 2.1% during the second quarter. Snowden Capital Advisors LLC now owns 1,099 shares of the scientific and technical instruments company’s stock valued at $563,000 after acquiring an additional 23 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Teledyne Technologies

In related news, 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 value of $1,533,249.00. Following the completion of the sale, the director owned 47,328 shares in the company, valued at $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the completion of the sale, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,500 shares of company stock worth $7,214,750 over the last quarter. 1.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TDY shares. Morgan Stanley started coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target on the stock. Barclays raised their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Needham & Company LLC upped their target price on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Finally, Citigroup boosted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Six 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, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $627.88.

Teledyne Technologies Stock Up 0.3%

Shares of TDY opened at $668.62 on Monday. The stock has a market capitalization of $31.39 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 3.31 and a beta of 1.01. The stock has a 50 day moving average price of $580.88 and a 200 day moving average price of $553.63. Teledyne Technologies Incorporated has a one year low of $419.00 and a one year high of $675.19. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. Teledyne Technologies’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

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.