Teledyne Technologies Incorporated $TDY Stock Position Lifted by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in Teledyne Technologies Incorporated (NYSE:TDY) by 2.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,349 shares of the scientific and technical instruments company’s stock after acquiring an additional 185 shares during the quarter. Advisors Asset Management Inc.’s holdings in Teledyne Technologies were worth $3,765,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. raised its holdings in shares of Teledyne Technologies by 75.9% during the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 22 shares during the period. First Horizon Advisors Inc. grew its position 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 last quarter. AdvisorNet Financial Inc raised its stake in Teledyne Technologies by 51.9% during the second quarter. AdvisorNet Financial Inc now owns 82 shares of the scientific and technical instruments company’s stock worth $42,000 after acquiring an additional 28 shares during the period. WPG Advisers LLC bought a new position in Teledyne Technologies in the first quarter worth about $44,000. Finally, Assetmark Inc. lifted its holdings in Teledyne Technologies by 193.1% in the second quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock worth $44,000 after acquiring an additional 56 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday, October 8th. Needham & Company LLC upped their price objective on Teledyne Technologies from $585.00 to $615.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Stifel Nicolaus increased their target price on Teledyne Technologies from $626.00 to $645.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Barclays reduced their price target on shares of Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. Finally, Morgan Stanley increased their price objective on shares of Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 15th. Six research analysts have rated the stock with a Buy rating and two have 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 price target of $606.29.

Teledyne Technologies Stock Performance

Shares of TDY opened at $497.96 on Friday. 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 company has a quick ratio of 1.20, a current ratio of 1.79 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $540.37 and a 200 day moving average price of $530.32. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $595.99.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.47 by $0.10. Teledyne Technologies had a net margin of 13.62% and a return on equity of 9.95%. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. During the same period last year, the firm posted $5.10 earnings per share. The business’s revenue 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. On average, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

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.