Teledyne Technologies Incorporated $TDY Shares Purchased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. raised its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 60.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,041 shares of the scientific and technical instruments company’s stock after acquiring an additional 394 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Teledyne Technologies were worth $533,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TDY. Vanguard Group Inc. increased its holdings in shares of Teledyne Technologies by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 5,841,524 shares of the scientific and technical instruments company’s stock valued at $2,992,671,000 after purchasing an additional 123,229 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in Teledyne Technologies by 10.9% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,459,422 shares of the scientific and technical instruments company’s stock valued at $726,369,000 after buying an additional 143,062 shares during the period. Geode Capital Management LLC increased its holdings in Teledyne Technologies by 2.3% in the second quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock valued at $635,107,000 after buying an additional 28,461 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Teledyne Technologies by 7.1% in the first quarter. JPMorgan Chase & Co. now owns 1,102,795 shares of the scientific and technical instruments company’s stock worth $548,872,000 after acquiring an additional 73,009 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Teledyne Technologies by 56.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 640,572 shares of the scientific and technical instruments company’s stock worth $318,819,000 after acquiring an additional 232,401 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on TDY shares. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, October 8th. Needham & Company LLC increased their price target on Teledyne Technologies from $585.00 to $615.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Stifel Nicolaus raised their price objective on Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Morgan Stanley boosted their price objective on Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Finally, Barclays decreased 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. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $606.29.

Teledyne Technologies Stock Performance

Shares of NYSE:TDY opened at $497.96 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.79 and a quick ratio of 1.20. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $595.99. The firm has a market capitalization of $23.38 billion, a PE ratio of 28.83, a P/E/G ratio of 2.43 and a beta of 1.12. The business’s 50 day moving average price is $540.37 and its 200-day moving average price is $530.32.

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

About Teledyne Technologies

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.