5,484 Shares in Teledyne Technologies Incorporated $TDY Bought by Condor Capital Management

Condor Capital Management purchased a new position in Teledyne Technologies Incorporated (NYSE:TDY) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 5,484 shares of the scientific and technical instruments company’s stock, valued at approximately $3,214,000.

Other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its stake in shares of Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares during the period. Abich Financial Wealth Management LLC bought a new position in Teledyne Technologies in the third quarter worth approximately $26,000. Rexford Capital Inc. acquired a new stake in Teledyne Technologies in the second quarter valued at approximately $29,000. First Horizon Advisors Inc. increased its holdings in shares of Teledyne Technologies by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 27 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of Teledyne Technologies by 193.1% during the second quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock worth $44,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Down 1.7%

Teledyne Technologies stock opened at $649.27 on Wednesday. Teledyne Technologies Incorporated has a fifty-two week low of $419.00 and a fifty-two week high of $674.63. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The firm’s 50-day simple moving average is $572.08 and its 200 day simple moving average is $551.23. The stock has a market cap of $30.48 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 3.27 and a beta of 1.01.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter last year, the firm earned $5.52 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Barclays lifted their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Citigroup lifted their price target on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, Morgan Stanley assumed coverage on Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price objective for the company. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $627.88.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. This trade represents a 4.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares in the company, valued at $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 11,500 shares of company stock worth $7,214,750. Insiders own 1.50% of the company’s stock.

Teledyne Technologies Company 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.