Teledyne Technologies Incorporated $TDY Shares Sold by Grandfield & Dodd LLC

Grandfield & Dodd LLC reduced its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,836 shares of the scientific and technical instruments company’s stock after selling 1,196 shares during the period. Grandfield & Dodd LLC owned 0.08% of Teledyne Technologies worth $20,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its position in shares of 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 valued at $970,000 after acquiring an additional 1,749 shares during the last quarter. Empowered Funds LLC increased its position in shares of Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after acquiring an additional 683 shares during the last quarter. Focus Partners Wealth increased its position in shares of Teledyne Technologies by 48.4% during the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after acquiring an additional 272 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Teledyne Technologies during the second quarter valued at about $5,590,000. Finally, Cresset Asset Management LLC increased its position in shares of Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after acquiring an additional 20 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Trading Down 2.2%

NYSE TDY opened at $620.34 on Friday. The firm has a 50 day simple moving average of $630.36 and a 200-day simple moving average of $595.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The firm has a market cap of $28.74 billion, a price-to-earnings ratio of 31.38, a PEG ratio of 2.97 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the firm posted $4.95 earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Equities research analysts anticipate that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TDY has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Citigroup lifted their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average target price of $693.71.

About Teledyne Technologies

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.