Teledyne Technologies Incorporated $TDY Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 7.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,289 shares of the scientific and technical instruments company’s stock after selling 6,673 shares during the period. BNP Paribas Financial Markets owned about 0.17% of Teledyne Technologies worth $39,985,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in TDY. Norges Bank acquired a new stake in shares of Teledyne Technologies during the 4th quarter valued at approximately $428,664,000. Mariner LLC raised its position in shares of Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after acquiring an additional 305,337 shares in the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of Teledyne Technologies during the 3rd quarter valued at approximately $129,791,000. Public Sector Pension Investment Board raised its position in shares of Teledyne Technologies by 4,520.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock valued at $120,982,000 after acquiring an additional 201,972 shares in the last quarter. Finally, Dodge & Cox raised its position in shares of Teledyne Technologies by 12.2% during the 3rd quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after acquiring an additional 183,222 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on TDY shares. Stifel Nicolaus upped their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Citigroup increased their target price on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Barclays increased their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Finally, Morgan Stanley increased their target price on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Trading Up 0.1%

NYSE:TDY opened at $619.69 on Thursday. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The stock has a market cap of $28.71 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 2.96 and a beta of 0.94. The business has a fifty day moving average of $629.77 and a 200-day moving average of $598.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) 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 company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the business posted $4.95 earnings per share. The company’s revenue for the quarter 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 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.