Clearbridge Investments LLC Sells 3,467 Shares of Teledyne Technologies Incorporated $TDY

Clearbridge Investments LLC decreased its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 258,647 shares of the scientific and technical instruments company’s stock after selling 3,467 shares during the period. Clearbridge Investments LLC owned 0.55% of Teledyne Technologies worth $132,099,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in shares of Teledyne Technologies in the 3rd quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Teledyne Technologies in the 4th quarter valued at about $28,000. Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies in the third quarter worth about $43,000. AlphaQuest LLC lifted its stake in 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 purchasing an additional 77 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in Teledyne Technologies in the fourth quarter worth about $41,000. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Teledyne Technologies stock opened at $602.48 on Monday. The company has a 50 day moving average price of $629.17 and a 200-day moving average price of $599.56. 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 Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The company has a market capitalization of $27.91 billion, a PE ratio of 30.47, a P/E/G ratio of 2.89 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the firm posted $4.95 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. 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. As a group, equities analysts forecast that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TDY. Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Jefferies Financial Group raised their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Citigroup raised their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Barclays raised their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $693.71.

Teledyne Technologies 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.