Bowen Hanes & Co. Inc. Has $94.74 Million Position in Teledyne Technologies Incorporated $TDY

Bowen Hanes & Co. Inc. increased its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 185,504 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,980 shares during the quarter. Teledyne Technologies accounts for approximately 2.4% of Bowen Hanes & Co. Inc.’s investment portfolio, making the stock its 10th largest position. Bowen Hanes & Co. Inc. owned 0.40% of Teledyne Technologies worth $94,742,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TDY. Abich Financial Wealth Management LLC bought a new stake in Teledyne Technologies during the third quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teledyne Technologies during the fourth quarter worth about $28,000. Board of the Pension Protection Fund bought a new stake in Teledyne Technologies during the fourth quarter worth about $41,000. Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies during the third quarter worth about $43,000. Finally, AlphaQuest LLC lifted its holdings in shares of Teledyne Technologies by 7,700.0% in the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after acquiring an additional 77 shares during the last quarter. Institutional investors own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TDY shares. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Jefferies Financial Group increased their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Citigroup increased their target price on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Stifel Nicolaus increased their target price 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 equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies Stock Performance

Teledyne Technologies stock opened at $619.69 on Thursday. The business has a 50 day moving average of $629.77 and a 200-day moving average of $598.01. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company has a market capitalization of $28.71 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.96 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the firm posted $4.95 earnings per share. 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. On average, equities research analysts predict that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current year.

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.