Findlay Park Partners LLP Cuts Position in Teledyne Technologies Incorporated $TDY

Findlay Park Partners LLP trimmed its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 206,939 shares of the scientific and technical instruments company’s stock after selling 3,600 shares during the period. Findlay Park Partners LLP owned 0.44% of Teledyne Technologies worth $121,275,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after purchasing an additional 69,284 shares in the last quarter. State Street Corp grew its position in shares of Teledyne Technologies by 2.2% in the 2nd quarter. State Street Corp now owns 2,143,419 shares of the scientific and technical instruments company’s stock worth $1,098,095,000 after buying an additional 46,916 shares during the last quarter. Dodge & Cox bought a new position in shares of Teledyne Technologies during the 2nd quarter worth approximately $767,307,000. Geode Capital Management LLC lifted its position in Teledyne Technologies by 2.3% during the second quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock valued at $635,107,000 after acquiring an additional 28,461 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Teledyne Technologies by 2.6% in the third quarter. JPMorgan Chase & Co. now owns 942,825 shares of the scientific and technical instruments company’s stock valued at $552,536,000 after acquiring an additional 24,222 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 0.3%

Teledyne Technologies stock opened at $680.54 on Friday. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $691.87. The stock has a 50-day moving average price of $598.02 and a 200 day moving average price of $558.15. 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 company has a market capitalization of $31.52 billion, a price-to-earnings ratio of 35.99, a price-to-earnings-growth ratio of 3.37 and a beta of 1.01.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.57 billion. During the same period last year, the firm posted $5.52 EPS. Teledyne Technologies’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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. Sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insiders Place Their Bets

In other news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was 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 owned 47,328 shares of the company’s stock, valued at $29,390,688. The trade was a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the sale, the insider directly owned 51,025 shares in the company, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,500 shares of company stock valued at $7,214,750 over the last 90 days. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TDY. Citigroup raised their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Morgan Stanley began coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective on the stock. Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group upped their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $643.67.

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.