Asset Management One Co. Ltd. Purchases 1,665 Shares of Teledyne Technologies Incorporated $TDY

Asset Management One Co. Ltd. increased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 4.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,027 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,665 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.09% of Teledyne Technologies worth $23,457,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TDY. Cresset Asset Management LLC raised its stake in Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after buying an additional 20 shares during the period. Fourpath Capital Management LLC increased its holdings in shares of Teledyne Technologies by 3.0% during the 2nd quarter. Fourpath Capital Management LLC now owns 714 shares of the scientific and technical instruments company’s stock worth $366,000 after acquiring an additional 21 shares during the last quarter. Nvest Financial LLC raised its stake in Teledyne Technologies by 1.3% in the 2nd quarter. Nvest Financial LLC now owns 1,634 shares of the scientific and technical instruments company’s stock valued at $837,000 after acquiring an additional 21 shares during the period. SBI Securities Co. Ltd. raised its position in shares of 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. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of Teledyne Technologies by 2.4% in the third quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock valued at $568,000 after purchasing an additional 23 shares during the period. Institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on TDY shares. Citigroup initiated coverage on shares of Teledyne Technologies in a research note on Friday, December 12th. They issued a “neutral” rating and a $567.00 price target on the stock. Stifel Nicolaus upped their target price on Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Needham & Company LLC increased their target price on Teledyne Technologies from $585.00 to $615.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Morgan Stanley upped their price target on shares of Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 15th. Finally, Barclays cut 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 report on Thursday, October 23rd. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $601.38.

Teledyne Technologies Stock Up 1.1%

TDY stock opened at $524.31 on Tuesday. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $595.99. The business has a 50-day simple moving average of $510.13 and a 200 day simple moving average of $534.30. 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 company has a market cap of $24.62 billion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03.

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 (EPS) for the quarter, topping analysts’ consensus estimates 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 business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the company posted $5.10 earnings per share. Teledyne Technologies has set its FY 2025 guidance at 21.450-21.600 EPS and its Q4 2025 guidance at 5.730-5.880 EPS. Sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Teledyne Technologies Company Profile

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.