Heartland Advisors Inc. Sells 1,119 Shares of Teledyne Technologies Incorporated $TDY

Heartland Advisors Inc. cut its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 2.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 50,095 shares of the scientific and technical instruments company’s stock after selling 1,119 shares during the quarter. Teledyne Technologies accounts for 1.4% of Heartland Advisors Inc.’s portfolio, making the stock its 6th largest position. Heartland Advisors Inc. owned about 0.11% of Teledyne Technologies worth $25,585,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of TDY. Jones Financial Companies Lllp increased its position in shares of Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC increased its position in shares of Teledyne Technologies by 78.6% during the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares during the period. Focus Partners Wealth increased its position in shares of Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Teledyne Technologies during the 2nd quarter worth $5,590,000. Finally, Cresset Asset Management LLC boosted 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 worth $425,000 after acquiring an additional 20 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $603.20 on Thursday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. 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 company has a market capitalization of $27.95 billion, a price-to-earnings ratio of 30.51, a P/E/G ratio of 2.97 and a beta of 0.94. The stock’s fifty day simple moving average is $630.09 and its 200-day simple moving average is $602.04.

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 for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the company posted $4.95 earnings per share. 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. On average, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TDY shares. Barclays raised their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Jefferies Financial Group raised their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC raised their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, Stifel Nicolaus raised their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. 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 has a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies 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.