Codex Capital Asset Management L.L.C. Decreases Stock Position in Teledyne Technologies Incorporated $TDY

Codex Capital Asset Management L.L.C. trimmed its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 22.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,100 shares of the scientific and technical instruments company’s stock after selling 900 shares during the period. Teledyne Technologies accounts for about 0.6% of Codex Capital Asset Management L.L.C.’s investment portfolio, making the stock its 28th largest position. Codex Capital Asset Management L.L.C.’s holdings in Teledyne Technologies were worth $1,583,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in shares of Teledyne Technologies in the third quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teledyne Technologies during the 4th quarter worth approximately $28,000. Board of the Pension Protection Fund acquired a new position in shares of Teledyne Technologies during the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise purchased a new stake in Teledyne Technologies in the 3rd quarter valued at approximately $43,000. Finally, AlphaQuest LLC lifted its stake in Teledyne Technologies by 7,700.0% in the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 77 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TDY shares. Needham & Company LLC raised their price target on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Barclays increased their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Citigroup upped their target price on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Trading Up 0.1%

Shares of Teledyne Technologies stock opened at $626.90 on Tuesday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The business’s fifty day moving average is $630.66 and its two-hundred day moving average is $604.80. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm has a market cap of $29.04 billion, a PE ratio of 31.71, a P/E/G ratio of 3.00 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the business earned $4.95 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Analysts anticipate that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

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.