King Luther Capital Management Corp Lowers Position in Teledyne Technologies Incorporated $TDY

King Luther Capital Management Corp decreased its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 541,974 shares of the scientific and technical instruments company’s stock after selling 6,420 shares during the quarter. Teledyne Technologies accounts for approximately 1.1% of King Luther Capital Management Corp’s portfolio, making the stock its 19th largest position. King Luther Capital Management Corp’s holdings in Teledyne Technologies were worth $276,802,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Jones Financial Companies Lllp raised its stake in Teledyne Technologies by 874.5% in the first 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 in the last quarter. Empowered Funds LLC boosted its holdings in shares of Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after purchasing an additional 683 shares in the last quarter. 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 last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Teledyne Technologies during the 2nd quarter valued at about $5,590,000. Finally, Cresset Asset Management LLC raised its holdings 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 valued at $425,000 after buying an additional 20 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on TDY shares. Barclays upped their target price 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 boosted their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Morgan Stanley lifted their target price 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. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Price Performance

TDY opened at $628.39 on Wednesday. The stock’s 50 day simple moving average is $631.43 and its 200 day simple moving average is $593.52. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The firm has a market cap of $29.11 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 2.97 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate 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 was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.95 earnings per share. 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. As a group, analysts predict that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current year.

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.