Teledyne Technologies Incorporated $TDY Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC lifted its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,203 shares of the scientific and technical instruments company’s stock after acquiring an additional 955 shares during the period. Squarepoint Ops LLC’s holdings in Teledyne Technologies were worth $20,142,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TDY. California State Teachers Retirement System increased its position in Teledyne Technologies by 61,950.6% during the second quarter. California State Teachers Retirement System now owns 50,350,950 shares of the scientific and technical instruments company’s stock worth $33,579,049,000 after purchasing an additional 50,269,805 shares during the last quarter. BlackRock Inc. purchased a new position in Teledyne Technologies during the second quarter worth approximately $2,751,121,000. Jupiter Topco LLC acquired a new position in shares of Teledyne Technologies in the 2nd quarter valued at $1,027,237,000. Norges Bank purchased a new stake in shares of Teledyne Technologies during the 4th quarter valued at $428,664,000. Finally, Bank of America Corp DE purchased a new stake in shares of Teledyne Technologies during the 2nd quarter valued at $406,938,000. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $595.03 on Thursday. The firm has a fifty day moving average of $644.05 and a 200-day moving average of $638.36. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $697.67. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $27.59 billion, a P/E ratio of 28.73, a PEG ratio of 2.63 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business posted $5.20 EPS. The business’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, analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

Insider Buying and Selling

In other Teledyne Technologies news, Director Simon Lorne sold 6,449 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the transaction, the director owned 55,783 shares in the company, valued at $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TDY shares. Citigroup increased 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. Stifel Nicolaus lifted their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Zacks Research downgraded Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Morgan Stanley upped their price target on Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Finally, Barclays raised their price objective on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $721.67.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company’s offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.