Teledyne Technologies Incorporated $TDY Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC trimmed its position in Teledyne Technologies Incorporated (NYSE:TDY) by 31.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 26,821 shares of the scientific and technical instruments company’s stock after selling 12,221 shares during the period. Kennedy Capital Management LLC’s holdings in Teledyne Technologies were worth $13,698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Teledyne Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after purchasing an additional 69,284 shares in the last quarter. Covea Finance raised its stake in Teledyne Technologies by 7.5% during the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after acquiring an additional 3,600 shares in the last quarter. Mariner LLC raised its stake in Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after acquiring an additional 305,337 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in Teledyne Technologies during the 3rd quarter worth $4,923,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Teledyne Technologies by 32.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,972 shares of the scientific and technical instruments company’s stock worth $7,647,000 after acquiring an additional 3,627 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Trading Down 0.1%

Shares of Teledyne Technologies stock opened at $625.28 on Monday. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. The company has a market capitalization of $28.97 billion, a P/E ratio of 31.63, a PEG ratio of 3.00 and a beta of 0.94. The company’s fifty day moving average is $630.60 and its two-hundred day moving average is $603.89.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the firm posted $4.95 EPS. Teledyne Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. 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. Analysts forecast that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $693.71.

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.