Vestmark Advisory Solutions Inc. Sells 1,111 Shares of Teledyne Technologies Incorporated $TDY

Vestmark Advisory Solutions Inc. decreased its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 8.8% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,517 shares of the scientific and technical instruments company’s stock after selling 1,111 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Teledyne Technologies were worth $6,749,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citigroup Inc. boosted its holdings in Teledyne Technologies by 43.5% in the 3rd quarter. Citigroup Inc. now owns 98,340 shares of the scientific and technical instruments company’s stock valued at $57,631,000 after purchasing an additional 29,796 shares during the period. Rossby Financial LCC boosted its stake in Teledyne Technologies by 553.3% during the third quarter. Rossby Financial LCC now owns 98 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 83 shares during the period. Raiffeisen Bank International AG grew its position in Teledyne Technologies by 10.6% during the third quarter. Raiffeisen Bank International AG now owns 1,236 shares of the scientific and technical instruments company’s stock worth $716,000 after buying an additional 118 shares in the last quarter. Compass Wealth Management LLC bought a new position in Teledyne Technologies in the 3rd quarter worth about $8,784,000. Finally, Studio Investment Management LLC purchased a new stake in shares of Teledyne Technologies in the 3rd quarter valued at about $233,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Trading Up 0.3%

NYSE:TDY opened at $668.62 on Monday. The company’s 50 day moving average price is $580.88 and its 200-day moving average price is $553.63. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The stock has a market cap of $31.39 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 3.31 and a beta of 1.01. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $675.19.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, beating the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period in the previous year, the company earned $5.52 earnings per share. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. 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. On average, equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Citigroup lifted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Needham & Company LLC raised their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus raised their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Morgan Stanley assumed coverage on Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 target price for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $627.88.

Insiders Place Their Bets

In other news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the completion of the sale, the insider owned 2,644 shares in the company, valued at approximately $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 sold 11,500 shares of company stock worth $7,214,750. 1.50% of the stock is currently owned by insiders.

Teledyne Technologies Company 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.