SteelPeak Wealth LLC Increases Stake in Teledyne Technologies Incorporated $TDY

SteelPeak Wealth LLC raised its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 110.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,871 shares of the scientific and technical instruments company’s stock after purchasing an additional 982 shares during the quarter. SteelPeak Wealth LLC’s holdings in Teledyne Technologies were worth $1,132,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Teledyne Technologies during the fourth quarter valued at approximately $428,664,000. FIL Ltd raised its holdings in 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 worth $698,238,000 after acquiring an additional 274,976 shares during the last quarter. Invesco Ltd. raised its holdings in Teledyne Technologies by 25.7% in the 3rd quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company’s stock worth $448,265,000 after acquiring an additional 156,559 shares during the last quarter. Hsbc Holdings PLC lifted its position in Teledyne Technologies by 81.8% in the 4th quarter. Hsbc Holdings PLC now owns 216,171 shares of the scientific and technical instruments company’s stock valued at $110,495,000 after acquiring an additional 97,281 shares in the last quarter. Finally, Moore Capital Management LP bought a new position in Teledyne Technologies in the 4th quarter valued at approximately $41,615,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $636.00 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $29.47 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 3.02 and a beta of 0.92. The firm’s 50 day moving average price is $626.41 and its 200-day moving average price is $624.82. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $693.38.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the business posted $4.95 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Teledyne Technologies Incorporated will post 24.1 EPS for the current year.

Analyst Ratings Changes

TDY has been the subject of a number of research analyst reports. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Stifel Nicolaus increased their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC lifted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Citigroup boosted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus target price of $694.14.

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.