Gotham Asset Management LLC Grows Stake in Teledyne Technologies Incorporated $TDY

Gotham Asset Management LLC grew its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 7.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,021 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,119 shares during the quarter. Gotham Asset Management LLC’s holdings in Teledyne Technologies were worth $26,970,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. SBI Securities Co. Ltd. grew its position in Teledyne Technologies by 75.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in Teledyne Technologies during the 3rd quarter valued at about $26,000. Rexford Capital Inc. purchased a new position in Teledyne Technologies in the second quarter worth about $29,000. Banque Cantonale Vaudoise bought a new position in shares of Teledyne Technologies in the third quarter worth approximately $43,000. Finally, TruNorth Capital Management LLC bought a new position in shares of Teledyne Technologies in the third quarter worth approximately $46,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Insider Buying and Selling at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the sale, the insider owned 51,025 shares in the company, valued at approximately $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael T. Smith sold 2,469 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 over the last three months. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

TDY has been the subject of several analyst reports. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Morgan Stanley lifted their target price on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Needham & Company LLC boosted their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Barclays upped their price target on Teledyne Technologies from $599.00 to $600.00 and gave the company an “equal weight” rating in a report on Monday. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $656.75.

Teledyne Technologies Stock Up 1.0%

TDY opened at $645.04 on Tuesday. 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 firm has a 50 day moving average price of $629.50 and a 200-day moving average price of $567.35. Teledyne Technologies Incorporated has a twelve month low of $419.00 and a twelve month high of $693.38. The stock has a market capitalization of $29.87 billion, a price-to-earnings ratio of 34.11, a PEG ratio of 3.16 and a beta of 0.99.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter last year, the company posted $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. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

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.