Compass Wealth Management LLC Invests $8.78 Million in Teledyne Technologies Incorporated $TDY

Compass Wealth Management LLC purchased a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,989 shares of the scientific and technical instruments company’s stock, valued at approximately $8,784,000. Teledyne Technologies makes up approximately 1.3% of Compass Wealth Management LLC’s holdings, making the stock its 21st biggest holding.

Several other hedge funds have also recently bought and sold shares of TDY. SBI Securities Co. Ltd. grew its stake in Teledyne Technologies by 75.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 22 shares in the last quarter. Rexford Capital Inc. acquired a new stake in shares of Teledyne Technologies during the second quarter worth approximately $29,000. First Horizon Advisors Inc. grew its position in Teledyne Technologies by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 27 shares in the last quarter. TruNorth Capital Management LLC purchased a new position in Teledyne Technologies during the third quarter valued at approximately $46,000. Finally, Assetmark Inc. increased its stake in Teledyne Technologies by 193.1% in the 2nd quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 56 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TDY has been the subject of a number of research reports. Citigroup lifted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Needham & Company LLC boosted their target price on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Barclays raised their price target on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Morgan Stanley began coverage on Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price target for the company. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $607.29 on Tuesday. The stock has a market capitalization of $28.51 billion, a P/E ratio of 32.11, a P/E/G ratio of 2.61 and a beta of 1.03. The business has a 50-day moving average of $527.77 and a two-hundred day moving average of $541.03. Teledyne Technologies Incorporated has a fifty-two week low of $419.00 and a fifty-two week high of $630.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the firm posted $5.52 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. On average, equities research analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

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.