Teledyne Technologies Incorporated $TDY Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 30.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,869 shares of the scientific and technical instruments company’s stock after selling 3,392 shares during the period. Thrivent Financial for Lutherans’ holdings in Teledyne Technologies were worth $4,611,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TDY. Vanguard Group Inc. lifted its position in shares of Teledyne Technologies by 2.2% in the second 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 acquiring an additional 123,229 shares in the last quarter. State Street Corp raised its stake in Teledyne Technologies by 2.2% in the 2nd quarter. State Street Corp now owns 2,143,419 shares of the scientific and technical instruments company’s stock valued at $1,098,095,000 after purchasing an additional 46,916 shares during the last quarter. Dodge & Cox purchased a new position in Teledyne Technologies in the 2nd quarter valued at $767,307,000. Geode Capital Management LLC boosted its stake in Teledyne Technologies by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock worth $635,107,000 after purchasing an additional 28,461 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Teledyne Technologies during the second quarter worth $317,986,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the sale, the insider owned 51,025 shares of the company’s stock, valued at $32,192,693. This trade represents a 8.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This represents a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 11,500 shares of company stock valued at $7,214,750. Insiders own 1.50% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of Teledyne Technologies stock opened at $647.56 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The stock has a market capitalization of $30.40 billion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 3.21 and a beta of 1.01. The business has a 50-day moving average of $551.37 and a 200 day moving average of $546.08. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $648.28.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $5.52 earnings per share. 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. As a group, sell-side analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TDY. Barclays raised their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Citigroup boosted their target price on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Morgan Stanley initiated coverage on Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target for the company. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Needham & Company LLC boosted their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $627.88.

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.