Teledyne Technologies Incorporated $TDY Shares Acquired by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. grew its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 19.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 56,455 shares of the scientific and technical instruments company’s stock after buying an additional 8,994 shares during the period. Diamond Hill Capital Management Inc.’s holdings in Teledyne Technologies were worth $28,833,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Personal CFO Solutions LLC raised its holdings in shares of Teledyne Technologies by 2.0% in the 4th 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 during the period. 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 buying an additional 17 shares during the period. Modera Wealth Management LLC increased its holdings in Teledyne Technologies by 1.2% during the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares during the period. Cresset Asset Management LLC increased its holdings in Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares during the period. Finally, Fiduciary Alliance LLC increased its holdings in Teledyne Technologies by 2.3% during the 4th quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after purchasing an additional 22 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $607.14 on Friday. The company has a market cap of $28.13 billion, a price-to-earnings ratio of 30.71, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97. The stock has a 50 day simple moving average of $632.85 and a 200-day simple moving average of $591.20. 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 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last issued its earnings results 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. 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 EPS. The company’s revenue for the quarter 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 analysts forecast that Teledyne Technologies Incorporated will post 24.07 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on TDY shares. Citigroup increased their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Barclays upped 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. 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 research report on Monday, February 23rd. 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 research report on Wednesday, April 22nd. Finally, Morgan Stanley increased their price objective on Teledyne Technologies from $620.00 to $680.00 and gave the stock 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 issued a Hold rating to the stock. According to data from MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average target price of $693.71.

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.