Crossmark Global Holdings Inc. Has $924,000 Stock Position in Teledyne Technologies Incorporated (NYSE:TDY)

Crossmark Global Holdings Inc. raised its position in Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,070 shares of the scientific and technical instruments company’s stock after buying an additional 91 shares during the period. Crossmark Global Holdings Inc.’s holdings in Teledyne Technologies were worth $924,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TDY. Vanguard Group Inc. boosted its holdings in shares of Teledyne Technologies by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,440,032 shares of the scientific and technical instruments company’s stock worth $2,222,688,000 after acquiring an additional 13,645 shares in the last quarter. Aristotle Capital Management LLC bought a new position in Teledyne Technologies in the 3rd quarter valued at $698,325,000. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Teledyne Technologies by 26.3% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 929,995 shares of the scientific and technical instruments company’s stock worth $379,977,000 after purchasing an additional 193,544 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Teledyne Technologies by 19.7% during the third quarter. JPMorgan Chase & Co. now owns 922,621 shares of the scientific and technical instruments company’s stock worth $376,965,000 after purchasing an additional 151,659 shares during the last quarter. Finally, King Luther Capital Management Corp increased its stake in shares of Teledyne Technologies by 1.6% in the fourth quarter. King Luther Capital Management Corp now owns 613,023 shares of the scientific and technical instruments company’s stock valued at $273,586,000 after buying an additional 9,843 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Teledyne Technologies Trading Up 0.0 %

Shares of NYSE TDY opened at $389.08 on Tuesday. Teledyne Technologies Incorporated has a fifty-two week low of $355.41 and a fifty-two week high of $448.19. The firm has a market capitalization of $18.43 billion, a P/E ratio of 21.04, a P/E/G ratio of 2.74 and a beta of 1.04. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.81 and a quick ratio of 1.29. The company’s 50 day simple moving average is $397.53 and its 200 day simple moving average is $416.19.

Teledyne Technologies (NYSE:TDYGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The scientific and technical instruments company reported $4.55 earnings per share for the quarter, missing analysts’ consensus estimates of $4.63 by ($0.08). Teledyne Technologies had a net margin of 15.81% and a return on equity of 10.54%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the company earned $4.53 EPS. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. On average, analysts predict that Teledyne Technologies Incorporated will post 19.36 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on TDY. Bank of America lowered shares of Teledyne Technologies from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $490.00 to $400.00 in a report on Friday, April 26th. TD Cowen lowered their price target on shares of Teledyne Technologies from $475.00 to $450.00 and set a “buy” rating for the company in a report on Thursday, April 25th. Needham & Company LLC dropped their price objective on shares of Teledyne Technologies from $510.00 to $455.00 and set a “buy” rating for the company in a research report on Thursday, April 25th. Finally, StockNews.com lowered Teledyne Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $470.83.

Check Out Our Latest Analysis on Teledyne Technologies

Teledyne Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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