Jefferies Financial Group Inc. Makes New Investment in Teledyne Technologies Incorporated $TDY

Jefferies Financial Group Inc. acquired a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,237 shares of the scientific and technical instruments company’s stock, valued at approximately $2,159,000.

Several other large investors have also recently made changes to their positions in the business. Meeder Asset Management Inc. purchased a new position in shares of Teledyne Technologies in the 1st quarter worth about $27,000. Allied Private Wealth LLC bought a new stake in Teledyne Technologies in the second quarter worth about $28,000. Trust Co. of Vermont purchased a new position in Teledyne Technologies in the second quarter valued at about $28,000. DV Equities LLC purchased a new position in Teledyne Technologies in the fourth quarter valued at about $33,000. Finally, C M Bidwell & Associates Ltd. bought a new position in shares of Teledyne Technologies during the 2nd quarter valued at approximately $35,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Morgan Stanley increased their price objective on Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Barclays raised their target price on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Finally, Citigroup increased their price target on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $721.67.

Insider Activity

In related news, Director Simon M. Lorne sold 6,449 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director directly owned 55,783 shares in the company, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.36% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $621.17 on Friday. The firm’s 50 day moving average is $648.14 and its 200 day moving average is $641.34. The stock has a market capitalization of $28.80 billion, a P/E ratio of 29.99, a PEG ratio of 2.71 and a beta of 0.92. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $697.67. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.20 EPS. 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. On average, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 24.69 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.