Earnest Partners LLC Acquires 5,300 Shares of Teledyne Technologies Incorporated $TDY

Earnest Partners LLC raised its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.3% during the third quarter, Holdings Channel reports. The firm owned 405,235 shares of the scientific and technical instruments company’s stock after buying an additional 5,300 shares during the period. Teledyne Technologies comprises 1.0% of Earnest Partners LLC’s holdings, making the stock its 22nd biggest holding. Earnest Partners LLC’s holdings in Teledyne Technologies were worth $237,484,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Prudential Financial Inc. boosted its stake in shares of Teledyne Technologies by 9.5% in the 2nd quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock valued at $13,981,000 after purchasing an additional 2,369 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Teledyne Technologies by 105.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after purchasing an additional 5,825 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Teledyne Technologies by 1.2% during the 3rd 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. Allianz Asset Management GmbH lifted its holdings in Teledyne Technologies by 843.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after purchasing an additional 20,562 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new position in Teledyne Technologies in the third quarter valued at about $25,153,000. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Trading Down 1.1%

TDY opened at $639.41 on Friday. Teledyne Technologies Incorporated has a 1-year low of $419.00 and a 1-year high of $693.38. The stock has a market capitalization of $29.61 billion, a PE ratio of 33.81, a PEG ratio of 3.16 and a beta of 0.99. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $627.08 and a two-hundred day moving average price of $566.46.

Teledyne Technologies (NYSE:TDY) last announced its 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 for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the business earned $5.52 earnings per share. Teledyne Technologies’s quarterly revenue was up 7.3% on a year-over-year basis. 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. As a group, equities analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Barclays lifted their target price on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Morgan Stanley increased their price target on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Needham & Company LLC raised their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Stifel Nicolaus lifted their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $650.33.

Insider Activity at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the completion of the transaction, the insider owned 51,025 shares in the company, valued at $32,192,693. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 in the last 90 days. 1.50% of the stock is currently owned by corporate 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.