Dodge & Cox Raises Stock Holdings in Teledyne Technologies Incorporated $TDY

Dodge & Cox boosted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 12.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,680,962 shares of the scientific and technical instruments company’s stock after acquiring an additional 183,222 shares during the quarter. Dodge & Cox owned about 3.58% of Teledyne Technologies worth $985,111,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TDY. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Teledyne Technologies by 3.2% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after purchasing an additional 20 shares during the period. Cresset Asset Management LLC increased its holdings in Teledyne Technologies by 2.5% in the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after buying an additional 20 shares during the period. SBI Securities Co. Ltd. increased its holdings in 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 worth $26,000 after buying an additional 22 shares during the period. Fifth Third Wealth Advisors LLC raised its position in Teledyne Technologies by 2.4% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock worth $568,000 after buying an additional 23 shares during the last quarter. Finally, Snowden Capital Advisors LLC lifted its stake in Teledyne Technologies by 2.1% during the 2nd quarter. Snowden Capital Advisors LLC now owns 1,099 shares of the scientific and technical instruments company’s stock valued at $563,000 after acquiring an additional 23 shares during the period. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TDY has been the topic of a number of research reports. Citigroup increased their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Jefferies Financial Group upped their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Needham & Company LLC increased their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Stifel Nicolaus boosted their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $650.33.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $639.41 on Friday. The company has a market capitalization of $29.61 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.20 and a beta of 0.99. 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 company’s fifty day moving average price is $627.08 and its 200 day moving average price is $566.30. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $693.38.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the firm posted $5.52 earnings per share. The company’s 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. On average, research analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 51,025 shares in the company, valued at approximately $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 in the last ninety days. 1.50% of the stock is currently owned by insiders.

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.