Teledyne Technologies Incorporated $TDY Shares Acquired by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC increased its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 0.6% in the second quarter, Holdings Channel reports. The firm owned 18,376 shares of the scientific and technical instruments company’s stock after buying an additional 101 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Teledyne Technologies were worth $9,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Chevy Chase Trust Holdings LLC raised its holdings in shares of Teledyne Technologies by 1.3% in the second quarter. Chevy Chase Trust Holdings LLC now owns 24,773 shares of the scientific and technical instruments company’s stock valued at $12,691,000 after buying an additional 311 shares during the last quarter. Aubrey Capital Management Ltd increased its position in Teledyne Technologies by 55.9% in the 2nd quarter. Aubrey Capital Management Ltd now owns 918 shares of the scientific and technical instruments company’s stock valued at $468,000 after acquiring an additional 329 shares during the period. Nordea Investment Management AB raised its stake in Teledyne Technologies by 3.5% during the 2nd quarter. Nordea Investment Management AB now owns 2,349 shares of the scientific and technical instruments company’s stock valued at $1,201,000 after acquiring an additional 79 shares during the last quarter. WCM Investment Management LLC lifted its position in Teledyne Technologies by 12.4% during the 2nd quarter. WCM Investment Management LLC now owns 4,703 shares of the scientific and technical instruments company’s stock worth $2,397,000 after acquiring an additional 519 shares during the period. Finally, Nvest Financial LLC grew its stake in shares of Teledyne Technologies by 1.3% in the 2nd quarter. Nvest Financial LLC now owns 1,634 shares of the scientific and technical instruments company’s stock valued at $837,000 after purchasing an additional 21 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TDY shares. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Wednesday, October 8th. Stifel Nicolaus started coverage on shares of Teledyne Technologies in a research report on Tuesday, June 24th. They set a “buy” rating and a $626.00 price objective for the company. Morgan Stanley lifted their target price on shares of Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a report on Wednesday. Barclays started coverage on shares of Teledyne Technologies in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $606.00 price target on the stock. Finally, UBS Group raised their price objective on shares of Teledyne Technologies from $585.00 to $630.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $585.25.

Teledyne Technologies Stock Up 0.1%

TDY stock opened at $562.29 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $558.09 and its 200 day moving average price is $519.67. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $595.99. The company has a market cap of $26.37 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.60 and a beta of 1.11.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.05 by $0.15. Teledyne Technologies had a net margin of 14.54% and a return on equity of 9.96%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the firm earned $4.58 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Teledyne Technologies has set its FY 2025 guidance at 21.200-21.50 EPS. Q3 2025 guidance at 5.350-5.45 EPS. On average, research analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Teledyne Technologies announced that its board has initiated a share repurchase plan on Wednesday, July 23rd that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Insider Activity

In other Teledyne Technologies news, Director Michael T. Smith sold 1,975 shares of the firm’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $560.10, for a total transaction of $1,106,197.50. Following the completion of the transaction, the director directly owned 51,328 shares in the company, valued at approximately $28,748,812.80. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George C. Bobb III sold 6,735 shares of Teledyne Technologies stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $555.41, for a total transaction of $3,740,686.35. Following the transaction, the chief executive officer owned 10,391 shares of the company’s stock, valued at approximately $5,771,265.31. The trade was a 39.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,021 shares of company stock worth $8,315,662 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

About Teledyne Technologies

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.