Hantz Financial Services Inc. Sells 20,199 Shares of Teledyne Technologies Incorporated $TDY

Hantz Financial Services Inc. cut its position in Teledyne Technologies Incorporated (NYSE:TDY) by 90.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,190 shares of the scientific and technical instruments company’s stock after selling 20,199 shares during the quarter. Hantz Financial Services Inc.’s holdings in Teledyne Technologies were worth $1,122,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. OneDigital Investment Advisors LLC acquired a new position in shares of Teledyne Technologies during the first quarter valued at about $247,000. IFM Investors Pty Ltd increased its holdings in shares of Teledyne Technologies by 8.3% during the first quarter. IFM Investors Pty Ltd now owns 8,913 shares of the scientific and technical instruments company’s stock valued at $4,436,000 after acquiring an additional 681 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Teledyne Technologies by 9.7% during the first quarter. Integrated Wealth Concepts LLC now owns 2,846 shares of the scientific and technical instruments company’s stock valued at $1,416,000 after acquiring an additional 251 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Teledyne Technologies by 4.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 315,911 shares of the scientific and technical instruments company’s stock valued at $157,232,000 after acquiring an additional 13,332 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Teledyne Technologies during the first quarter valued at about $801,000. 91.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on TDY. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. UBS Group upped their price objective on shares of Teledyne Technologies from $585.00 to $630.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Barclays dropped their target price on Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. Needham & Company LLC upped their price target on shares of Teledyne Technologies from $585.00 to $615.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley upped their price target on shares of Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a report on Wednesday, October 15th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $606.29.

Teledyne Technologies Trading Up 1.9%

Teledyne Technologies stock opened at $527.47 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.20 and a debt-to-equity ratio of 0.20. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $595.99. The stock’s 50 day simple moving average is $556.78 and its two-hundred day simple moving average is $525.83. The firm has a market cap of $24.77 billion, a PE ratio of 30.54, a P/E/G ratio of 2.43 and a beta of 1.11.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 EPS for the quarter, topping the consensus estimate of $5.47 by $0.10. Teledyne Technologies had a return on equity of 9.95% and a net margin of 13.62%.The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the firm posted $5.10 EPS. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. Teledyne Technologies has set its FY 2025 guidance at 21.450-21.600 EPS. Q4 2025 guidance at 5.730-5.880 EPS. Analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Teledyne Technologies declared that its Board of Directors has initiated a share repurchase plan on Wednesday, July 23rd that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to buy up to 7.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Teledyne Technologies Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.