Compass Wealth Management LLC Purchases Shares of 14,989 Teledyne Technologies Incorporated $TDY

Compass Wealth Management LLC acquired a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,989 shares of the scientific and technical instruments company’s stock, valued at approximately $8,784,000. Teledyne Technologies comprises 1.0% of Compass Wealth Management LLC’s holdings, making the stock its 23rd largest position.

A number of other hedge funds have also recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its holdings in 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 valued at $970,000 after acquiring an additional 1,749 shares during the period. Empowered Funds LLC increased its holdings in shares of Teledyne Technologies by 78.6% during the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares in the last quarter. Focus Partners Wealth lifted its stake in shares of Teledyne Technologies by 48.4% in the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares during the period. Nordea Investment Management AB lifted its stake in shares of Teledyne Technologies by 3.5% in the 2nd quarter. Nordea Investment Management AB now owns 2,349 shares of the scientific and technical instruments company’s stock valued at $1,201,000 after purchasing an additional 79 shares during the period. Finally, Ethic Inc. boosted its holdings in Teledyne Technologies by 1.3% during the second quarter. Ethic Inc. now owns 4,758 shares of the scientific and technical instruments company’s stock worth $2,425,000 after buying an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on TDY. 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 price objective for the company. Stifel Nicolaus lifted their price target on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Needham & Company LLC increased their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Finally, Citigroup upped their target price on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $627.88.

Teledyne Technologies Price Performance

Shares of Teledyne Technologies stock opened at $666.56 on Friday. The stock has a market capitalization of $31.29 billion, a P/E ratio of 35.25, a PEG ratio of 3.28 and a beta of 1.01. The business has a 50 day simple moving average of $577.86 and a two-hundred day simple moving average of $552.80. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $674.63. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) 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 period in the previous year, the company posted $5.52 earnings per share. The business’s 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. As a group, analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 2,500 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $1,533,249.00. Following the transaction, the director owned 47,328 shares in the company, 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. Insiders sold 11,500 shares of company stock valued at $7,214,750 over the last quarter. Company insiders own 1.50% of the company’s stock.

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.