Elevation Point Wealth Partners LLC Buys New Shares in Teledyne Technologies Incorporated $TDY

Elevation Point Wealth Partners LLC purchased a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,317 shares of the scientific and technical instruments company’s stock, valued at approximately $878,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Teledyne Technologies by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after purchasing an additional 66,984 shares during the last quarter. BlackRock Inc. acquired a new stake in Teledyne Technologies in the 2nd quarter valued at about $2,751,121,000. State Street Corp grew its holdings in Teledyne Technologies by 2.9% during the third quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock worth $1,291,957,000 after purchasing an additional 61,135 shares during the period. Janus Henderson Group PLC grew its holdings in Teledyne Technologies by 0.6% during the fourth quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after purchasing an additional 9,824 shares during the period. Finally, Dodge & Cox raised its stake in Teledyne Technologies by 0.3% in the fourth quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock valued at $860,754,000 after buying an additional 4,378 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Price Performance

NYSE:TDY opened at $625.50 on Tuesday. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67. The firm has a market cap of $29.00 billion, a price-to-earnings ratio of 30.20, a P/E/G ratio of 2.77 and a beta of 0.92. The firm’s 50-day simple moving average is $647.70 and its 200 day simple moving average is $641.61. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the firm earned $5.20 earnings per share. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. 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, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Analyst Ratings Changes

TDY has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their target price on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Citigroup lifted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Barclays lifted their target price on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Finally, Morgan Stanley boosted their price objective on Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Two 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 stock. Based on data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $721.67.

Insider Buying and Selling

In other news, Director Simon M. Lorne sold 6,449 shares of the company’s stock in a transaction 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 sale, the director directly owned 55,783 shares in the company, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.36% of the stock is currently owned by company 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.