Teledyne Technologies Incorporated $TDY Stock Position Raised by Hsbc Holdings PLC

Hsbc Holdings PLC increased its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 7.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 232,903 shares of the scientific and technical instruments company’s stock after acquiring an additional 16,732 shares during the quarter. Hsbc Holdings PLC’s holdings in Teledyne Technologies were worth $140,845,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TDY. Norges Bank acquired a new position in Teledyne Technologies in the 4th quarter worth approximately $428,664,000. FIL Ltd raised its stake in shares of Teledyne Technologies by 25.2% in the 4th quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after acquiring an additional 274,976 shares in the last quarter. Invesco Ltd. grew its holdings in Teledyne Technologies by 25.7% during the third quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company’s stock valued at $448,265,000 after purchasing an additional 156,559 shares during the last quarter. Moore Capital Management LP bought a new position in shares of Teledyne Technologies in the fourth quarter valued at approximately $41,615,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Teledyne Technologies by 14.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 583,380 shares of the scientific and technical instruments company’s stock worth $297,950,000 after buying an additional 74,051 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Up 0.8%

TDY stock opened at $636.00 on Friday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. 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 business’s 50 day moving average is $626.41 and its 200-day moving average is $624.82. The firm has a market cap of $29.47 billion, a P/E ratio of 32.17, a P/E/G ratio of 3.04 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the company posted $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. Equities analysts anticipate that Teledyne Technologies Incorporated will post 24.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TDY. Stifel Nicolaus raised their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Barclays increased their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. 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. Based on data from MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $694.14.

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.