Marks Group Wealth Management Inc Sells 1,837 Shares of Teledyne Technologies Incorporated $TDY

Marks Group Wealth Management Inc reduced its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 11.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,447 shares of the scientific and technical instruments company’s stock after selling 1,837 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Teledyne Technologies were worth $7,379,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Fox Run Management L.L.C. acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $496,000. Krane Funds Advisors LLC boosted its holdings in shares of Teledyne Technologies by 40.7% in the 4th quarter. Krane Funds Advisors LLC now owns 3,866 shares of the scientific and technical instruments company’s stock valued at $1,974,000 after buying an additional 1,118 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its holdings in shares of Teledyne Technologies by 11.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 790 shares of the scientific and technical instruments company’s stock valued at $403,000 after buying an additional 80 shares during the last quarter. Syon Capital LLC acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $315,000. Finally, Pinebridge Investments LLC acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $363,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Up 1.7%

TDY opened at $612.75 on Tuesday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The stock’s fifty day simple moving average is $629.21 and its 200 day simple moving average is $600.33. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The stock has a market cap of $28.39 billion, a PE ratio of 30.99, a price-to-earnings-growth ratio of 2.89 and a beta of 0.94.

Teledyne Technologies (NYSE:TDYGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the business earned $4.95 EPS. The firm’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. As a group, research analysts expect that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Citigroup increased their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Stifel Nicolaus increased their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Barclays increased their price target on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Morgan Stanley increased their price target on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

View Our Latest Analysis on Teledyne Technologies

Teledyne Technologies Profile

(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

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

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