SG Americas Securities LLC lessened its holdings in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 36.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 46,344 shares of the scientific and technical instruments company’s stock after selling 26,051 shares during the quarter. SG Americas Securities LLC’s holdings in Teledyne Technologies were worth $28,039,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of TDY. Personal CFO Solutions LLC increased its position in shares of Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after acquiring an additional 16 shares during the period. US Asset Management LLC boosted its holdings in Teledyne Technologies by 3.5% in the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after purchasing an additional 17 shares during the period. Modera Wealth Management LLC grew its stake in Teledyne Technologies by 1.2% during the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares in the last quarter. Cresset Asset Management LLC grew its stake in Teledyne Technologies by 2.5% during the 2nd 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 in the last quarter. Finally, Fiduciary Alliance LLC increased its holdings in Teledyne Technologies by 2.3% during the 4th quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after purchasing an additional 22 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Morgan Stanley upped their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Needham & Company LLC raised their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Barclays lifted their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Teledyne Technologies currently has an average rating of “Moderate Buy” and an average price target of $693.71.
Teledyne Technologies Price Performance
Shares of NYSE TDY opened at $610.74 on Thursday. The stock’s 50-day simple moving average is $627.04 and its 200-day simple moving average is $610.59. The firm has a market capitalization of $28.30 billion, a PE ratio of 30.89, a price-to-earnings-growth ratio of 2.94 and a beta of 0.94. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) 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 firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the company posted $4.95 earnings per share. The firm’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. As a group, equities research analysts forecast that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.
Teledyne Technologies 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.
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