Gotham Asset Management LLC Purchases 3,119 Shares of Teledyne Technologies Incorporated $TDY

Gotham Asset Management LLC raised its position in Teledyne Technologies Incorporated (NYSE:TDY) by 7.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,021 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,119 shares during the quarter. Gotham Asset Management LLC owned approximately 0.10% of Teledyne Technologies worth $26,970,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TDY. Prudential Financial Inc. grew its position in shares of Teledyne Technologies by 9.5% in the 2nd quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after buying an additional 2,369 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Teledyne Technologies by 105.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after acquiring an additional 5,825 shares in the last quarter. Vanguard Group Inc. lifted its stake in Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after acquiring an additional 69,284 shares during the period. Allianz Asset Management GmbH lifted its stake in Teledyne Technologies by 843.1% in the third quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after acquiring an additional 20,562 shares during the period. Finally, Synergy Asset Management LLC bought a new stake in Teledyne Technologies in the third quarter valued at $25,153,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TDY has been the subject of several research reports. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Barclays lifted their target price on shares of Teledyne Technologies from $599.00 to $600.00 and gave the company an “equal weight” rating in a research note on Monday. Jefferies Financial Group boosted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Morgan Stanley increased 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 note on Wednesday, March 4th. Finally, Needham & Company LLC raised their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus target price of $656.75.

Insider Activity

In other news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the sale, the insider directly owned 2,644 shares in the company, valued at approximately $1,666,936.24. This represents a 48.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,500 shares of company stock worth $7,214,750 in the last three months. 1.50% of the stock is currently owned by insiders.

Teledyne Technologies Stock Performance

Shares of Teledyne Technologies stock opened at $645.04 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $29.87 billion, a P/E ratio of 34.11, a P/E/G ratio of 3.16 and a beta of 0.99. The business has a fifty day simple moving average of $629.50 and a two-hundred day simple moving average of $567.35. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.52 EPS. 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. On average, equities analysts forecast that Teledyne Technologies Incorporated will post 21.55 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.