Janus Henderson Group PLC Buys 9,824 Shares of Teledyne Technologies Incorporated $TDY

Janus Henderson Group PLC grew its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,693,281 shares of the scientific and technical instruments company’s stock after buying an additional 9,824 shares during the quarter. Janus Henderson Group PLC’s holdings in Teledyne Technologies were worth $864,811,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TDY. Jones Financial Companies Lllp boosted its holdings in shares of Teledyne Technologies by 874.5% during the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC boosted its holdings in shares of Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after purchasing an additional 683 shares during the period. Focus Partners Wealth boosted its holdings in shares of Teledyne Technologies by 48.4% during the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after purchasing an additional 272 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teledyne Technologies during the second quarter worth about $5,590,000. Finally, Cresset Asset Management LLC boosted its holdings in shares of Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares during the period. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Down 2.3%

NYSE:TDY opened at $615.50 on Thursday. The firm has a market capitalization of $28.52 billion, a price-to-earnings ratio of 31.13, a price-to-earnings-growth ratio of 3.02 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The business has a fifty day moving average price of $630.42 and a 200-day moving average price of $606.55. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $4.95 earnings per share. Teledyne Technologies’s quarterly revenue was up 7.6% compared to the same quarter last year. 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. Sell-side analysts forecast that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on TDY shares. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Citigroup raised their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Finally, Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Teledyne Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

About Teledyne Technologies

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.