Teledyne Technologies Incorporated $TDY Stake Lowered by Heartland Advisors Inc.

Heartland Advisors Inc. reduced its position in Teledyne Technologies Incorporated (NYSE:TDY) by 16.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 41,805 shares of the scientific and technical instruments company’s stock after selling 8,290 shares during the period. Teledyne Technologies accounts for 1.3% of Heartland Advisors Inc.’s portfolio, making the stock its 7th biggest position. Heartland Advisors Inc.’s holdings in Teledyne Technologies were worth $25,292,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Personal CFO Solutions LLC grew its holdings in Teledyne Technologies by 2.0% during the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after acquiring an additional 16 shares in the last quarter. US Asset Management LLC raised its holdings in shares of Teledyne Technologies by 3.5% in the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after purchasing an additional 17 shares in the last quarter. Modera Wealth Management LLC raised its holdings in shares of Teledyne Technologies by 1.2% in the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after purchasing an additional 18 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Teledyne Technologies by 24.3% in the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after purchasing an additional 18 shares during the period. Finally, Assetmark Inc. lifted its position in shares of Teledyne Technologies by 10.5% in the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock worth $115,000 after purchasing an additional 18 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Barclays increased their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Stifel Nicolaus lifted their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, Needham & Company LLC boosted their price target on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $694.14.

Teledyne Technologies Stock Up 0.8%

NYSE:TDY opened at $636.00 on Friday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The stock has a market capitalization of $29.47 billion, a P/E ratio of 32.17, a P/E/G ratio of 3.04 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. The company’s 50-day simple moving average is $626.41 and its 200-day simple moving average is $624.82.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.95 EPS. 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 analysts anticipate that Teledyne Technologies Incorporated will post 24.1 earnings per share for the current fiscal year.

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.