American Century Companies Inc. Sells 113 Shares of Teledyne Technologies Incorporated $TDY

American Century Companies Inc. cut its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 3.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,082 shares of the scientific and technical instruments company’s stock after selling 113 shares during the quarter. American Century Companies Inc.’s holdings in Teledyne Technologies were worth $1,534,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC boosted its stake in shares of Teledyne Technologies by 205.9% during the 1st quarter. Golden State Wealth Management LLC now owns 52 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 35 shares during the period. NBC Securities Inc. bought a new stake in Teledyne Technologies in the first quarter worth about $28,000. TCTC Holdings LLC boosted its position in shares of Teledyne Technologies by 97.4% during the first quarter. TCTC Holdings LLC now owns 75 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 37 shares during the period. Ancora Advisors LLC grew its stake in shares of Teledyne Technologies by 192.3% during the fourth quarter. Ancora Advisors LLC now owns 76 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 50 shares during the last quarter. Finally, City Holding Co. purchased a new stake in shares of Teledyne Technologies in the first quarter worth approximately $38,000. Institutional investors own 91.58% of the company’s stock.

Insider Buying and Selling

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,311 shares of Teledyne Technologies stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $549.64, for a total transaction of $3,468,778.04. Following the completion of the sale, the director owned 61,913 shares of the company’s stock, valued at approximately $34,029,861.32. The trade was a 9.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael T. Smith sold 1,975 shares of Teledyne Technologies stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $560.10, for a total value of $1,106,197.50. Following the sale, the director directly owned 51,328 shares of the company’s stock, valued at $28,748,812.80. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,021 shares of company stock worth $8,315,662 in the last 90 days. Insiders own 1.50% of the company’s stock.

Teledyne Technologies Price Performance

Shares of NYSE TDY opened at $537.54 on Wednesday. Teledyne Technologies Incorporated has a fifty-two week low of $416.00 and a fifty-two week high of $570.56. The company has a market cap of $25.21 billion, a PE ratio of 29.60, a P/E/G ratio of 2.50 and a beta of 1.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.07 and a current ratio of 1.66. The business has a 50-day simple moving average of $538.44 and a two-hundred day simple moving average of $503.97.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 EPS for the quarter, beating the consensus estimate of $5.05 by $0.15. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.47 billion. Teledyne Technologies had a net margin of 14.54% and a return on equity of 9.96%. Teledyne Technologies’s revenue was up 10.2% on a year-over-year basis. During the same period last year, the firm posted $4.58 EPS. Teledyne Technologies has set its FY 2025 guidance at 21.200-21.50 EPS. Q3 2025 guidance at 5.350-5.45 EPS. As a group, equities analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Teledyne Technologies announced that its board has approved a stock repurchase plan on Wednesday, July 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the scientific and technical instruments company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TDY. UBS Group lifted 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. Wall Street Zen raised shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a research note on Friday, May 9th. Stifel Nicolaus assumed coverage on shares of Teledyne Technologies in a report on Tuesday, June 24th. They set a “buy” rating and a $626.00 target price on the stock. Finally, Morgan Stanley boosted their price target on shares of Teledyne Technologies from $535.00 to $580.00 and gave the company an “equal weight” rating in a report on Thursday, July 17th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $576.57.

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.