Crossmark Global Holdings Inc. Increases Position in Teledyne Technologies Incorporated $TDY

Crossmark Global Holdings Inc. grew its position in Teledyne Technologies Incorporated (NYSE:TDY) by 114.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,088 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,116 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Teledyne Technologies were worth $1,224,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Dodge & Cox acquired a new position in shares of Teledyne Technologies during the second quarter worth $767,307,000. Norges Bank purchased a new stake in Teledyne Technologies during the 2nd quarter worth about $317,986,000. Artisan Partners Limited Partnership purchased a new stake in Teledyne Technologies during the 3rd quarter worth about $129,791,000. Public Sector Pension Investment Board boosted its position in shares of Teledyne Technologies by 4,520.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock worth $120,982,000 after acquiring an additional 201,972 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new position in shares of Teledyne Technologies in the 3rd quarter valued at about $108,576,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $654.03 on Tuesday. The stock’s 50-day moving average price is $616.33 and its 200 day moving average price is $563.67. 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 capitalization of $30.29 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 3.20 and a beta of 0.99. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the firm earned $5.52 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Analysts Set New Price Targets

TDY has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Barclays increased their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Citigroup raised their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Jefferies Financial Group boosted their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $650.33.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 2,500 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the completion of the transaction, the insider owned 2,644 shares in the company, valued at approximately $1,666,936.24. This represents a 48.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.50% of the company’s stock.

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.