ARK Investment Management LLC Has $20.83 Million Stock Holdings in Teledyne Technologies Incorporated $TDY

ARK Investment Management LLC lifted its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDYFree Report) by 11.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,539 shares of the scientific and technical instruments company’s stock after buying an additional 3,660 shares during the period. ARK Investment Management LLC owned about 0.08% of Teledyne Technologies worth $20,827,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp raised its stake in Teledyne Technologies by 874.5% during 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 increased its position in 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 worth $772,000 after purchasing an additional 683 shares in the last quarter. Focus Partners Wealth increased 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. Arkadios Wealth Advisors lifted its stake in Teledyne Technologies by 18.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 479 shares of the scientific and technical instruments company’s stock valued at $245,000 after purchasing an additional 74 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Teledyne Technologies by 193.1% in the second quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 56 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TDY shares. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citigroup upped 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. Barclays increased their target price on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Needham & Company LLC upped their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group raised their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $650.33.

View Our Latest Stock Report on TDY

Teledyne Technologies Trading Down 0.6%

NYSE TDY opened at $682.45 on Thursday. The firm has a market capitalization of $31.60 billion, a PE ratio of 36.09, a price-to-earnings-growth ratio of 3.40 and a beta of 0.99. The business’s 50-day moving average price is $608.13 and its two-hundred day moving average price is $561.16. 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 Incorporated has a 12 month low of $419.00 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDYGet Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insider Buying and Selling at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction on 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 transaction, the insider owned 2,644 shares in the company, valued at $1,666,936.24. The trade was a 48.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the 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 sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 11,500 shares of company stock valued at $7,214,750. 1.50% of the stock is currently owned by corporate insiders.

Teledyne Technologies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Teledyne Technologies (NYSE:TDY)

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