Hsbc Holdings PLC Acquires 97,281 Shares of Teledyne Technologies Incorporated $TDY

Hsbc Holdings PLC raised its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 81.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 216,171 shares of the scientific and technical instruments company’s stock after buying an additional 97,281 shares during the quarter. Hsbc Holdings PLC owned about 0.47% of Teledyne Technologies worth $110,495,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teledyne Technologies during the 4th quarter valued at $28,000. DV Equities LLC acquired a new position in shares of Teledyne Technologies in the 4th quarter valued at $33,000. Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies in the third quarter worth about $43,000. Board of the Pension Protection Fund bought a new position in Teledyne Technologies during the fourth quarter worth about $41,000. Finally, eCIO Inc. acquired a new stake in Teledyne Technologies during the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

NYSE TDY opened at $621.00 on Monday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $693.38. The company has a 50 day moving average of $629.37 and a 200-day moving average of $608.32. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The firm has a market cap of $28.77 billion, a price-to-earnings ratio of 31.41, a PEG ratio of 2.97 and a beta of 0.94.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TDY. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC boosted their price target on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Morgan Stanley upped their price target on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. Barclays increased their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Finally, Citigroup lifted their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.