Schaper Benz & Wise Investment Counsel Inc. WI Increases Stake in Teledyne Technologies Incorporated $TDY

Schaper Benz & Wise Investment Counsel Inc. WI grew its position in Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 321.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,170 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,942 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Teledyne Technologies were worth $2,640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TDY. Hennion & Walsh Asset Management Inc. raised its holdings in 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 in the last quarter. Cresset Asset Management LLC boosted 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 valued at $425,000 after purchasing an additional 20 shares in the last quarter. Fifth Third Wealth Advisors LLC increased 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 purchasing an additional 23 shares during the period. Snowden Capital Advisors LLC increased its position 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 worth $563,000 after purchasing an additional 23 shares during the period. Finally, Flagship Harbor Advisors LLC raised its stake in shares of Teledyne Technologies by 3.0% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 827 shares of the scientific and technical instruments company’s stock worth $485,000 after buying an additional 24 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TDY has been the topic of a number of analyst reports. Needham & Company LLC lifted their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Stifel Nicolaus raised their target price on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Citigroup boosted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Morgan Stanley increased their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $656.75.

Read Our Latest Stock Report on Teledyne Technologies

Teledyne Technologies Stock Up 0.4%

Shares of Teledyne Technologies stock opened at $626.27 on Wednesday. Teledyne Technologies Incorporated has a twelve month low of $419.00 and a twelve month high of $693.38. The stock has a market cap of $29.00 billion, a price-to-earnings ratio of 33.12, a price-to-earnings-growth ratio of 3.08 and a beta of 0.99. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average price of $639.77 and a 200 day moving average price of $571.07.

Teledyne Technologies (NYSE:TDYGet Free Report) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $5.52 earnings per share. 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. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the transaction, the insider directly owned 2,644 shares in the company, valued at $1,666,936.24. This trade represents a 48.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 11,500 shares of company stock worth $7,214,750. Company insiders own 1.36% of the company’s stock.

About Teledyne Technologies

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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