Madison Asset Management LLC Lowers Holdings in Teledyne Technologies Incorporated $TDY

Madison Asset Management LLC trimmed its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 5.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,548 shares of the scientific and technical instruments company’s stock after selling 12,284 shares during the quarter. Teledyne Technologies makes up approximately 1.5% of Madison Asset Management LLC’s holdings, making the stock its 13th biggest position. Madison Asset Management LLC’s holdings in Teledyne Technologies were worth $120,124,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Personal CFO Solutions LLC lifted its holdings in shares of Teledyne Technologies by 2.0% in the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 16 shares in the last quarter. US Asset Management LLC grew its stake in Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after acquiring an additional 17 shares in the last quarter. Modera Wealth Management LLC grew its stake in Teledyne Technologies by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after acquiring an additional 18 shares in the last quarter. CENTRAL TRUST Co increased its holdings in Teledyne Technologies by 24.3% in the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 18 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in Teledyne Technologies by 10.5% in the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock valued at $115,000 after acquiring an additional 18 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on TDY shares. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Citigroup lifted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Needham & Company LLC increased their price target on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Barclays raised their price target on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Stifel Nicolaus upped their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $694.14.

Teledyne Technologies Stock Down 1.3%

Shares of NYSE:TDY opened at $627.21 on Tuesday. The company has a market cap of $29.06 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 3.04 and a beta of 0.92. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $626.31 and a 200 day moving average price of $626.35.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $4.95 earnings per share. 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. As a group, equities research analysts predict that Teledyne Technologies Incorporated will post 24.1 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.