BNP Paribas Financial Markets lowered its position in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,289 shares of the scientific and technical instruments company’s stock after selling 6,673 shares during the quarter. BNP Paribas Financial Markets’ holdings in Teledyne Technologies were worth $39,985,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Personal CFO Solutions LLC boosted its stake in Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock valued at $413,000 after buying an additional 16 shares in the last quarter. US Asset Management LLC boosted its stake in Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after buying an additional 17 shares in the last quarter. Modera Wealth Management LLC boosted its stake in Teledyne Technologies by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after buying an additional 18 shares in the last quarter. Cresset Asset Management LLC boosted its stake in 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 buying an additional 20 shares in the last quarter. Finally, Fiduciary Alliance LLC boosted its stake in Teledyne Technologies by 2.3% during the fourth quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock valued at $509,000 after buying an additional 22 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on TDY shares. Stifel Nicolaus raised their target price on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Jefferies Financial Group upped their target price on Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Barclays upped their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Needham & Company LLC upped their target price on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Morgan Stanley upped their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.
Teledyne Technologies Trading Up 0.1%
Shares of NYSE TDY opened at $619.69 on Thursday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a market cap of $28.71 billion, a price-to-earnings ratio of 31.34, a P/E/G ratio of 2.96 and a beta of 0.94. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $629.77 and a 200-day simple moving average of $598.01.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its earnings results 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 return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the business posted $4.95 earnings per share. Teledyne Technologies’s revenue 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. Sell-side analysts predict that Teledyne Technologies Incorporated will post 24.07 EPS for the current year.
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.
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