Teledyne Technologies Incorporated $TDY Stock Holdings Lowered by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC cut its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 84.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,044 shares of the scientific and technical instruments company’s stock after selling 11,351 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Teledyne Technologies were worth $1,198,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TDY. Jones Financial Companies Lllp increased its position in shares of Teledyne Technologies by 874.5% in the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after acquiring an additional 1,749 shares in the last quarter. Empowered Funds LLC boosted its stake in Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after purchasing an additional 683 shares during the period. Focus Partners Wealth grew its position in Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after purchasing an additional 272 shares in the last quarter. Parallel Advisors LLC grew its position in Teledyne Technologies by 20.2% during the 2nd quarter. Parallel Advisors LLC now owns 453 shares of the scientific and technical instruments company’s stock worth $232,000 after purchasing an additional 76 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in Teledyne Technologies by 28.9% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 147 shares of the scientific and technical instruments company’s stock valued at $75,000 after purchasing an additional 33 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TDY. Morgan Stanley raised their target price on Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 15th. Citigroup increased their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Stifel Nicolaus upped their target price on Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays decreased their price target on shares of Teledyne Technologies from $584.00 to $579.00 and set an “equal weight” rating for the company in a report on Monday, January 12th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $605.38.

Teledyne Technologies Price Performance

Shares of TDY opened at $581.87 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.20 and a current ratio of 1.79. The firm has a market cap of $27.32 billion, a PE ratio of 33.69, a PEG ratio of 2.48 and a beta of 1.03. The firm’s 50 day moving average price is $516.76 and its 200 day moving average price is $537.54. Teledyne Technologies Incorporated has a twelve month low of $419.00 and a twelve month high of $595.99.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 EPS for the quarter, topping the consensus estimate of $5.47 by $0.10. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Teledyne Technologies had a net margin of 13.62% and a return on equity of 9.95%. Teledyne Technologies’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.10 EPS. 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. As a group, research analysts expect 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.