Pictet Asset Management Holding SA Has $12.61 Million Stock Position in Teledyne Technologies Incorporated $TDY

Pictet Asset Management Holding SA reduced its position in Teledyne Technologies Incorporated (NYSE:TDY) by 4.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 20,838 shares of the scientific and technical instruments company’s stock after selling 1,052 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Teledyne Technologies were worth $12,607,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Covea Finance boosted its position in shares of Teledyne Technologies by 7.5% in the fourth quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after buying an additional 3,600 shares during the period. Mariner LLC raised its position in Teledyne Technologies by 7,237.2% during the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after buying an additional 305,337 shares during the period. Jefferies Financial Group Inc. purchased a new stake in Teledyne Technologies in the 3rd quarter worth about $4,923,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Teledyne Technologies by 32.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,972 shares of the scientific and technical instruments company’s stock worth $7,647,000 after acquiring an additional 3,627 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Teledyne Technologies by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 1,274,274 shares of the scientific and technical instruments company’s stock worth $649,524,000 after acquiring an additional 13,647 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Down 1.3%

Shares of Teledyne Technologies stock opened at $652.53 on Friday. The firm has a market cap of $30.23 billion, a price-to-earnings ratio of 33.01, a P/E/G ratio of 3.17 and a beta of 0.92. The stock has a 50-day simple moving average of $627.74 and a 200-day simple moving average of $616.00. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company posted $4.95 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. 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. On average, equities research analysts expect that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TDY has been the topic of several research analyst reports. Citigroup lifted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Needham & Company LLC boosted their price objective 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $694.14.

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.