Quantinno Capital Management LP raised its position in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 43.3% in the 1st quarter, Holdings Channel reports. The firm owned 41,245 shares of the scientific and technical instruments company’s stock after buying an additional 12,467 shares during the quarter. Quantinno Capital Management LP’s holdings in Teledyne Technologies were worth $24,954,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Teledyne Technologies by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after buying an additional 66,984 shares in the last quarter. State Street Corp grew its position in Teledyne Technologies by 2.9% during the third quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock worth $1,291,957,000 after buying an additional 61,135 shares in the last quarter. Janus Henderson Group PLC grew its position in Teledyne Technologies by 0.6% during the fourth quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after buying an additional 9,824 shares in the last quarter. Dodge & Cox increased its stake in Teledyne Technologies by 0.3% in the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock worth $860,754,000 after acquiring an additional 4,378 shares during the last quarter. Finally, FIL Ltd raised its holdings in shares of Teledyne Technologies by 25.2% in the 4th quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after acquiring an additional 274,976 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on TDY shares. Stifel Nicolaus lifted their price target on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Needham & Company LLC raised their target price on shares of Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Citigroup boosted their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $715.83.
Teledyne Technologies Trading Up 1.2%
TDY stock opened at $657.18 on Friday. The company has a market capitalization of $30.47 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 3.03 and a beta of 0.92. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The company’s 50 day moving average price is $631.29 and its two-hundred day moving average price is $633.25. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the prior year, the company earned $5.20 EPS. The firm’s revenue was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, analysts predict that Teledyne Technologies Incorporated will post 24.69 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.
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