BI Asset Management Fondsmaeglerselskab A S Sells 2,514 Shares of Teledyne Technologies Incorporated $TDY

BI Asset Management Fondsmaeglerselskab A S lessened its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 50.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,469 shares of the scientific and technical instruments company’s stock after selling 2,514 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Teledyne Technologies were worth $1,261,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Personal CFO Solutions LLC lifted its position in shares of Teledyne Technologies by 2.0% in the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after purchasing an additional 16 shares in the last quarter. US Asset Management LLC lifted its position in shares of Teledyne Technologies by 3.5% in the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 17 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of Teledyne Technologies by 1.2% in the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares in the last quarter. Cresset Asset Management LLC lifted its position in shares of Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares in the last quarter. Finally, Fiduciary Alliance LLC lifted its position in shares of Teledyne Technologies by 2.3% in the fourth quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after purchasing an additional 22 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TDY shares. Citigroup boosted 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. Jefferies Financial Group boosted 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. Morgan Stanley boosted their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Barclays boosted their target price on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Finally, Needham & Company LLC boosted 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. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Price Performance

Shares of TDY opened at $618.48 on Wednesday. The company has a market cap of $28.65 billion, a price-to-earnings ratio of 31.28, a PEG ratio of 2.94 and a beta of 0.94. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The company’s fifty day simple moving average is $629.70 and its 200 day simple moving average is $601.21. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the company earned $4.95 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts forecast that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

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.