Old West Investment Management LLC Buys New Holdings in Teledyne Technologies Incorporated $TDY

Old West Investment Management LLC purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,735 shares of the scientific and technical instruments company’s stock, valued at approximately $1,017,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TDY. SBI Securities Co. Ltd. increased its holdings in 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 buying an additional 22 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth about $29,000. First Horizon Advisors Inc. increased its holdings in shares of Teledyne Technologies by 52.9% in 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 acquiring an additional 27 shares during the last quarter. TruNorth Capital Management LLC acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth about $46,000. Finally, AlphaQuest LLC lifted its stake in Teledyne Technologies by 7,700.0% during the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 77 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on TDY. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Morgan Stanley began coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 target price on the stock. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Finally, Citigroup upped their target price on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $627.88.

Teledyne Technologies Stock Performance

NYSE TDY opened at $647.56 on Friday. The stock has a market capitalization of $30.40 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 3.12 and a beta of 1.01. The business’s 50 day moving average is $551.37 and its two-hundred day moving average is $546.15. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $648.28. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the company posted $5.52 earnings per share. Teledyne Technologies’s quarterly revenue was up 7.3% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insider Transactions at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director owned 47,328 shares of the company’s stock, valued at $29,390,688. The trade was a 4.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the completion of the sale, the insider owned 2,644 shares in the company, valued at approximately $1,666,936.24. This represents a 48.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 11,500 shares of company stock worth $7,214,750. 1.50% of the stock is owned by insiders.

Teledyne Technologies 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.