Delta Global Management LP Trims Stake in Teledyne Technologies Incorporated $TDY

Delta Global Management LP lessened its position in Teledyne Technologies Incorporated (NYSE:TDY) by 23.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,698 shares of the scientific and technical instruments company’s stock after selling 1,106 shares during the quarter. Delta Global Management LP’s holdings in Teledyne Technologies were worth $2,237,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Teledyne Technologies by 1.1% in the 4th 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 purchasing an additional 66,984 shares during the period. State Street Corp lifted its stake in Teledyne Technologies by 2.9% in 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 purchasing an additional 61,135 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of 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 valued at $864,811,000 after buying an additional 9,824 shares during the period. Dodge & Cox grew its stake in shares of Teledyne Technologies by 0.3% during the fourth quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock valued at $860,754,000 after buying an additional 4,378 shares during the last quarter. Finally, FIL Ltd grew its stake in shares of Teledyne Technologies by 25.2% during the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after buying an additional 274,976 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

Shares of NYSE:TDY opened at $655.40 on Friday. The firm’s 50 day simple moving average is $627.85 and its 200-day simple moving average is $629.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 2.18. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The firm has a market cap of $30.36 billion, a PE ratio of 31.65, a price-to-earnings-growth ratio of 3.09 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results 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 return on equity of 10.56% and a net margin of 15.29%.The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business earned $5.20 earnings per share. Teledyne Technologies’s quarterly 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, equities analysts predict that Teledyne Technologies Incorporated will post 24.71 EPS for the current year.

More Teledyne Technologies News

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Teledyne reported better-than-expected Q2 results, with EPS of $6.28 beating estimates and revenue of $1.66 billion topping forecasts, while revenue rose 9.8% year over year. The company also raised its guidance, which is helping reinforce optimism around the stock. Article Title
• Positive Sentiment: Analysts have been raising their forecasts following the upbeat earnings report, including Stifel, which increased its price target to $775 and maintained a buy rating, and Needham, which lifted its target to $750 with a buy rating. Article Title
• Positive Sentiment: Teledyne announced a five-year partnership between its Raymarine and FLIR Marine businesses and the Royal National Lifeboat Institution, expanding its marine technology footprint and adding another potential long-term commercial relationship. Article Title
• Neutral Sentiment: Some coverage suggests the stock is trading at a premium to fair value, and Barclays kept an equal-weight rating even while raising its target to $640, which implies limited upside from current levels. Article Title
• Neutral Sentiment: Other valuation-focused articles are questioning whether TDY is still undervalued after the earnings-driven rally, indicating the market is reassessing the stock’s multiple rather than reacting to a new fundamental setback. Article Title

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TDY shares. Needham & Company LLC increased their price target on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Citigroup increased their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Stifel Nicolaus lifted their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $715.83.

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.