Teledyne Technologies Incorporated $TDY Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC raised its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,274,274 shares of the scientific and technical instruments company’s stock after purchasing an additional 13,647 shares during the period. Geode Capital Management LLC’s holdings in Teledyne Technologies were worth $649,524,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Teledyne Technologies by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after purchasing an additional 69,284 shares during the period. Covea Finance boosted its stake in Teledyne Technologies by 7.5% during the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock valued at $26,473,000 after purchasing an additional 3,600 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Teledyne Technologies by 105.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after purchasing an additional 5,825 shares during the period. Allianz Asset Management GmbH boosted its stake in Teledyne Technologies by 843.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after purchasing an additional 20,562 shares during the period. Finally, Mariner LLC boosted its stake in Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after purchasing an additional 305,337 shares during the period. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Stock Down 2.2%

TDY stock opened at $620.34 on Friday. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 2.97 and a beta of 0.97. The firm’s 50-day moving average is $630.36 and its two-hundred day moving average is $595.31. 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 released its quarterly earnings results 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 net margin of 14.99% and a return on equity of 10.24%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm earned $4.95 EPS. Teledyne Technologies’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, analysts forecast that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDY has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Barclays boosted their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Citigroup boosted their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Morgan Stanley boosted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Finally, Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $693.71.

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.