1,218 Shares in Teledyne Technologies Incorporated $TDY Bought by AXQ Capital LP

AXQ Capital LP bought a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,218 shares of the scientific and technical instruments company’s stock, valued at approximately $622,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new position in shares of Teledyne Technologies in the third quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $28,000. Board of the Pension Protection Fund acquired a new position in Teledyne Technologies in the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies in the 3rd quarter worth approximately $43,000. Finally, AlphaQuest LLC grew its position in Teledyne Technologies by 7,700.0% during the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 77 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 0.1%

Shares of TDY stock opened at $619.69 on Thursday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a market cap of $28.71 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 2.96 and a beta of 0.94. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $629.77 and its two-hundred day moving average is $598.01.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the firm earned $4.95 EPS. The firm’s revenue was up 7.6% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Equities analysts predict that Teledyne Technologies Incorporated will post 24.07 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on TDY. Needham & Company LLC upped their price target on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays upped their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Citigroup increased their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Finally, Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $693.71.

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.