JPMorgan Chase & Co. Raises Holdings in Teledyne Technologies Incorporated $TDY

JPMorgan Chase & Co. lifted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 2.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 942,825 shares of the scientific and technical instruments company’s stock after buying an additional 24,222 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.01% of Teledyne Technologies worth $552,536,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock valued at $970,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC increased its holdings 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 valued at $772,000 after buying an additional 683 shares during the period. Focus Partners Wealth raised its stake in 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 worth $416,000 after buying an additional 272 shares in the last quarter. Nordea Investment Management AB raised its stake in Teledyne Technologies by 3.5% in the second quarter. Nordea Investment Management AB now owns 2,349 shares of the scientific and technical instruments company’s stock worth $1,201,000 after buying an additional 79 shares in the last quarter. Finally, ARK Investment Management LLC lifted its holdings in Teledyne Technologies by 7.0% during the second quarter. ARK Investment Management LLC now owns 31,879 shares of the scientific and technical instruments company’s stock worth $16,332,000 after buying an additional 2,096 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

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

Teledyne Technologies Stock Up 2.0%

NYSE:TDY opened at $662.20 on Thursday. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a twelve month low of $419.00 and a twelve month high of $674.63. The company has a market cap of $31.09 billion, a PE ratio of 35.02, a P/E/G ratio of 3.22 and a beta of 1.01. The company’s 50 day moving average is $575.00 and its two-hundred day moving average is $552.00.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the previous year, the firm posted $5.52 earnings per share. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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. Analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 11,500 shares of company stock worth $7,214,750 over the last three months. Corporate insiders own 1.50% of the company’s stock.

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.