Swiss National Bank Grows Stock Position in Teledyne Technologies Incorporated $TDY

Swiss National Bank raised its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 7.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,718 shares of the scientific and technical instruments company’s stock after buying an additional 10,300 shares during the quarter. Swiss National Bank’s holdings in Teledyne Technologies were worth $72,604,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. grew its holdings in Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares during the period. TCTC Holdings LLC boosted its holdings in shares of Teledyne Technologies by 97.4% in the 1st quarter. TCTC Holdings LLC now owns 75 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 37 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Teledyne Technologies by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock valued at $40,000 after buying an additional 27 shares during the period. AdvisorNet Financial Inc increased its holdings in shares of Teledyne Technologies by 51.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 82 shares of the scientific and technical instruments company’s stock worth $42,000 after buying an additional 28 shares during the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of Teledyne Technologies in the 1st quarter worth $44,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Up 2.0%

NYSE TDY opened at $494.03 on Monday. The stock has a market cap of $23.20 billion, a P/E ratio of 28.61, a PEG ratio of 2.43 and a beta of 1.12. The company’s fifty day simple moving average is $545.10 and its 200-day simple moving average is $530.60. 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 52 week low of $419.00 and a 52 week high of $595.99.

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on TDY shares. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Wednesday, October 8th. Morgan Stanley increased their target price on shares of Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 15th. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $585.00 to $615.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Barclays dropped their price objective on shares of Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating for the company in a research report on Thursday, October 23rd. Finally, Stifel Nicolaus lifted their target price 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. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $606.29.

Teledyne Technologies Company 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.