MUFG Securities EMEA plc grew its stake in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 114.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,924 shares of the scientific and technical instruments company’s stock after buying an additional 1,027 shares during the quarter. MUFG Securities EMEA plc’s holdings in Teledyne Technologies were worth $983,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of TDY. Norges Bank acquired a new position in shares of Teledyne Technologies in the 4th quarter valued at about $428,664,000. Mariner LLC increased its stake in shares of Teledyne Technologies by 7,237.2% in the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after purchasing an additional 305,337 shares in the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Teledyne Technologies in the 3rd quarter valued at about $129,791,000. Public Sector Pension Investment Board increased its stake in shares of Teledyne Technologies by 4,520.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock valued at $120,982,000 after purchasing an additional 201,972 shares in the last quarter. Finally, Dodge & Cox increased its stake in shares of Teledyne Technologies by 12.2% in the 3rd quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after purchasing an additional 183,222 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.
Analysts Set New Price Targets
TDY has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Morgan Stanley lifted their price target 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. Jefferies Financial Group lifted their price target on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus lifted their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Citigroup lifted their price target on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $693.71.
Teledyne Technologies Price Performance
NYSE:TDY opened at $617.50 on Wednesday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The stock has a 50 day moving average of $629.84 and a two-hundred day moving average of $596.50. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The firm has a market cap of $28.61 billion, a P/E ratio of 31.23, a price-to-earnings-growth ratio of 2.92 and a beta of 0.94.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.48 by $0.32. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.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 firm 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, analysts expect that Teledyne Technologies Incorporated will post 24.07 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.
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