Themes Management Co LLC bought a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) during the 4th quarter, HoldingsChannel reports. The fund bought 1,349 shares of the scientific and technical instruments company’s stock, valued at approximately $689,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Personal CFO Solutions LLC lifted its position in shares of Teledyne Technologies by 2.0% during the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 16 shares during the last quarter. US Asset Management LLC lifted its position in shares of Teledyne Technologies by 3.5% during the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Modera Wealth Management LLC lifted its position in shares of 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 buying an additional 18 shares during the last quarter. Cresset Asset Management LLC lifted its position in shares of 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 buying an additional 20 shares during the last quarter. Finally, Fiduciary Alliance LLC lifted its position in shares of 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 buying an additional 22 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.
Teledyne Technologies Price Performance
Shares of TDY opened at $621.25 on Tuesday. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company has a market capitalization of $28.78 billion, a price-to-earnings ratio of 31.42, a price-to-earnings-growth ratio of 2.97 and a beta of 0.97. The business has a 50-day moving average of $631.65 and a 200-day moving average of $592.71.
Wall Street Analyst Weigh In
TDY has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday. Stifel Nicolaus upped their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Citigroup increased their target price on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Jefferies Financial Group increased their target price on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Finally, Needham & Company LLC increased their target price on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $693.71.
Check Out Our Latest Stock Analysis on TDY
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.
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