Teledyne Technologies Incorporated $TDY Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC boosted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,203 shares of the scientific and technical instruments company’s stock after purchasing an additional 955 shares during the quarter. Squarepoint Ops LLC owned approximately 0.07% of Teledyne Technologies worth $20,142,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in shares of Teledyne Technologies by 874.5% in the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC raised its position in Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after acquiring an additional 683 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Teledyne Technologies by 48.4% in the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teledyne Technologies in the second quarter valued at about $5,590,000. Finally, Cresset Asset Management LLC grew its position in shares of Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Needham & Company LLC upped their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Stifel Nicolaus increased their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Barclays raised their price target 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. Finally, Morgan Stanley boosted their price target on Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four 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 $721.67.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $595.03 on Thursday. The company has a 50-day simple moving average of $644.05 and a 200-day simple moving average of $638.36. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The company has a market cap of $27.59 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 2.63 and a beta of 0.91. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $697.67.

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

Insiders Place Their Bets

In other Teledyne Technologies news, Director Simon Lorne sold 6,449 shares of the 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 transaction, the director owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.36% of the company’s stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company’s offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.