Wolverine Asset Management LLC Sells 3,520 Shares of Teledyne Technologies Incorporated $TDY

Wolverine Asset Management LLC trimmed its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 70.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,480 shares of the scientific and technical instruments company’s stock after selling 3,520 shares during the quarter. Wolverine Asset Management LLC’s holdings in Teledyne Technologies were worth $756,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of Teledyne Technologies in the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Teledyne Technologies in the 4th quarter worth approximately $28,000. Board of the Pension Protection Fund bought a new stake in shares of Teledyne Technologies in the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise bought a new stake in shares of Teledyne Technologies in the 3rd quarter worth approximately $43,000. Finally, AlphaQuest LLC grew its position in shares of Teledyne Technologies by 7,700.0% in the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after buying an additional 77 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TDY. Morgan Stanley lifted their price objective on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Barclays lifted their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Citigroup lifted their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group lifted their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Five 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 a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Trading Up 1.9%

TDY opened at $644.07 on Thursday. The stock has a market cap of $29.84 billion, a PE ratio of 32.58, a PEG ratio of 3.02 and a beta of 0.97. 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 business has a 50 day moving average of $643.61 and a 200-day moving average of $584.73. Teledyne Technologies Incorporated has a 52 week low of $478.05 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $4.95 EPS. 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 predict that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current fiscal 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.