Thrivent Financial for Lutherans Lowers Stock Holdings in Teledyne Technologies Incorporated $TDY

Thrivent Financial for Lutherans trimmed its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 22.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,072 shares of the scientific and technical instruments company’s stock after selling 1,797 shares during the period. Thrivent Financial for Lutherans’ holdings in Teledyne Technologies were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in TDY. Personal CFO Solutions LLC lifted its position in shares of Teledyne Technologies by 2.0% in the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after purchasing an additional 16 shares during the period. US Asset Management LLC lifted its position in shares of Teledyne Technologies by 3.5% in the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 17 shares during the period. Modera Wealth Management LLC lifted its position in shares of Teledyne Technologies by 1.2% in the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares during the period. Cresset Asset Management LLC lifted its position in shares of Teledyne Technologies by 2.5% in the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares during the period. Finally, Fiduciary Alliance LLC lifted its position in shares of Teledyne Technologies by 2.3% in the 4th quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after purchasing an additional 22 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Up 2.3%

Shares of Teledyne Technologies stock opened at $621.25 on Friday. 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. The firm has a market capitalization of $28.78 billion, a price-to-earnings ratio of 31.42, a PEG ratio of 2.97 and a beta of 0.97. The firm’s 50 day simple moving average is $632.17 and its two-hundred day simple moving average is $591.41.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results 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 net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the business posted $4.95 EPS. Teledyne Technologies’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. Analysts predict that Teledyne Technologies Incorporated will post 24.07 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on TDY. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Barclays upped their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Citigroup upped their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Morgan Stanley upped 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 report on Wednesday, March 4th. Finally, Jefferies Financial Group upped their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $693.71.

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.