Teledyne Technologies Incorporated $TDY Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 30.7% during the 3rd quarter, Holdings Channel reports. The fund owned 7,998 shares of the scientific and technical instruments company’s stock after selling 3,547 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Teledyne Technologies were worth $4,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in TDY. Jones Financial Companies Lllp grew its stake in shares of Teledyne Technologies by 874.5% in the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 1,749 shares in the last quarter. Empowered Funds LLC grew its position in Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after buying an additional 683 shares in the last quarter. Focus Partners Wealth increased its stake in Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after buying an additional 272 shares during the period. Advisors Capital Management LLC raised its position in shares of Teledyne Technologies by 7.5% during the 1st quarter. Advisors Capital Management LLC now owns 614 shares of the scientific and technical instruments company’s stock worth $306,000 after buying an additional 43 shares in the last quarter. Finally, Voya Investment Management LLC lifted its stake in shares of Teledyne Technologies by 19.3% in the 1st quarter. Voya Investment Management LLC now owns 37,079 shares of the scientific and technical instruments company’s stock worth $18,455,000 after acquiring an additional 5,994 shares during the period. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Down 0.1%

Shares of Teledyne Technologies stock opened at $548.59 on Monday. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $595.99. The firm has a market capitalization of $25.76 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 2.34 and a beta of 1.03. The company has a quick ratio of 1.20, a current ratio of 1.79 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $511.64 and its 200-day moving average is $535.65.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 earnings per share for the quarter, beating analysts’ consensus estimates of $5.47 by $0.10. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Teledyne Technologies had a return on equity of 9.95% and a net margin of 13.62%.Teledyne Technologies’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the company posted $5.10 EPS. Teledyne Technologies has set its FY 2025 guidance at 21.450-21.600 EPS and its Q4 2025 guidance at 5.730-5.880 EPS. Equities analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TDY shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Barclays lowered their price target on Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. Morgan Stanley boosted their price objective on Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 15th. Needham & Company LLC raised their target price on Teledyne Technologies from $585.00 to $615.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Citigroup started coverage on Teledyne Technologies in a report on Friday, December 12th. They set a “neutral” rating and a $567.00 target price on the stock. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $601.38.

Teledyne Technologies Company 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.