Delta Global Management LP Lowers Position in Teledyne Technologies Incorporated $TDY

Delta Global Management LP decreased its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 23.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,698 shares of the scientific and technical instruments company’s stock after selling 1,106 shares during the quarter. Delta Global Management LP’s holdings in Teledyne Technologies were worth $2,237,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TDY. OMERS ADMINISTRATION Corp lifted its stake in Teledyne Technologies by 17.8% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 6,689 shares of the scientific and technical instruments company’s stock worth $4,047,000 after purchasing an additional 1,010 shares in the last quarter. Themes Management Co LLC grew its position in shares of Teledyne Technologies by 70.1% during the first quarter. Themes Management Co LLC now owns 2,295 shares of the scientific and technical instruments company’s stock valued at $1,388,000 after purchasing an additional 946 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its position in shares of Teledyne Technologies by 1.9% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 5,397 shares of the scientific and technical instruments company’s stock valued at $3,265,000 after purchasing an additional 103 shares in the last quarter. Lombard Odier Asset Management Switzerland SA bought a new stake in shares of Teledyne Technologies in the first quarter worth about $2,880,000. Finally, Waverly Advisors LLC lifted its position in shares of Teledyne Technologies by 7.5% in the first quarter. Waverly Advisors LLC now owns 7,030 shares of the scientific and technical instruments company’s stock worth $4,253,000 after buying an additional 489 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies News Summary

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Teledyne reported better-than-expected Q2 results, with EPS of $6.28 beating estimates and revenue of $1.66 billion topping forecasts, while revenue rose 9.8% year over year. The company also raised its guidance, which is helping reinforce optimism around the stock. Article Title
• Positive Sentiment: Analysts have been raising their forecasts following the upbeat earnings report, including Stifel, which increased its price target to $775 and maintained a buy rating, and Needham, which lifted its target to $750 with a buy rating. Article Title
• Positive Sentiment: Teledyne announced a five-year partnership between its Raymarine and FLIR Marine businesses and the Royal National Lifeboat Institution, expanding its marine technology footprint and adding another potential long-term commercial relationship. Article Title
• Neutral Sentiment: Some coverage suggests the stock is trading at a premium to fair value, and Barclays kept an equal-weight rating even while raising its target to $640, which implies limited upside from current levels. Article Title
• Neutral Sentiment: Other valuation-focused articles are questioning whether TDY is still undervalued after the earnings-driven rally, indicating the market is reassessing the stock’s multiple rather than reacting to a new fundamental setback. Article Title

Analysts Set New Price Targets

A number of brokerages recently commented on TDY. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Citigroup lifted their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Barclays upped their price objective on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday. Needham & Company LLC increased their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $715.83.

Teledyne Technologies Stock Up 0.6%

Shares of NYSE:TDY opened at $655.40 on Friday. The company has a market cap of $30.36 billion, a price-to-earnings ratio of 31.65, a PEG ratio of 3.09 and a beta of 0.92. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a current ratio of 2.18, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $627.85 and a 200 day moving average price of $629.38.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the previous year, the firm posted $5.20 earnings per share. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, equities research analysts predict that Teledyne Technologies Incorporated will post 24.71 earnings per share for the current year.

Teledyne Technologies 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.