Edmond DE Rothschild Holding S.A. Makes New Investment in Teledyne Technologies Incorporated $TDY

Edmond DE Rothschild Holding S.A. bought a new stake in Teledyne Technologies Incorporated (NYSE:TDY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,899 shares of the scientific and technical instruments company’s stock, valued at approximately $5,935,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new stake in Teledyne Technologies in the 1st quarter worth approximately $27,000. Allied Private Wealth LLC purchased a new stake in Teledyne Technologies during the 2nd quarter valued at $28,000. Trust Co. of Vermont bought a new stake in shares of Teledyne Technologies in the second quarter worth about $28,000. DV Equities LLC bought a new stake in shares of Teledyne Technologies in the 4th quarter worth approximately $33,000. Finally, Banque Cantonale Vaudoise purchased a new position in Teledyne Technologies during the 3rd quarter valued at $43,000. Institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TDY. Stifel Nicolaus upped their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Needham & Company LLC boosted their price target on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Finally, Citigroup raised their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $721.67.

Insider Buying and Selling

In related news, Director Simon M. Lorne sold 6,449 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the transaction, the director directly owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.36% of the company’s stock.

Teledyne Technologies Price Performance

NYSE:TDY opened at $649.11 on Thursday. The business’s 50-day simple moving average is $647.32 and its two-hundred day simple moving average is $641.47. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67. The stock has a market cap of $30.09 billion, a PE ratio of 31.34, a P/E/G ratio of 2.89 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the company posted $5.20 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, analysts forecast that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal 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.