Andra AP fonden Sells 9,780 Shares of Teledyne Technologies Incorporated $TDY

Andra AP fonden lowered its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 88.1% during the 1st quarter, HoldingsChannel reports. The fund owned 1,320 shares of the scientific and technical instruments company’s stock after selling 9,780 shares during the period. Andra AP fonden’s holdings in Teledyne Technologies were worth $799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. purchased a new stake in shares of Teledyne Technologies in the first quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teledyne Technologies during the fourth quarter valued at about $28,000. DV Equities LLC bought a new stake in Teledyne Technologies in the 4th quarter worth approximately $33,000. Banque Cantonale Vaudoise purchased a new stake in Teledyne Technologies during the third quarter valued at about $43,000. Finally, eCIO Inc. bought a new position in shares of Teledyne Technologies in the fourth quarter worth approximately $47,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TDY. Barclays increased their price target 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. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Stifel Nicolaus increased their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Citigroup lifted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $711.50.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $650.87 on Friday. The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The firm’s fifty day moving average is $627.09 and its 200 day moving average is $629.20. The company has a market cap of $30.15 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 3.05 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping analysts’ consensus estimates of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the firm posted $5.20 earnings per share. The business’s revenue was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Sell-side analysts forecast that Teledyne Technologies Incorporated will post 24.55 EPS for the current fiscal year.

More Teledyne Technologies News

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Teledyne reported better-than-expected Q2 results, with non-GAAP EPS of $6.28 versus estimates near $5.79 and revenue of $1.66 billion versus $1.58 billion expected, helped by broad-based sales growth and record orders. Teledyne Technologies Reports Second Quarter Results
• Positive Sentiment: The company raised full-year 2026 EPS guidance to $24.45-$24.65 and Q3 guidance to $6.05-$6.15, both above consensus, signaling management expects momentum to continue. Teledyne Technologies Reports Second Quarter Results
• Positive Sentiment: Several analysts responded by lifting price targets and reiterating buy ratings, including Stifel to $775 and Needham to $750, suggesting Wall Street sees more upside after the earnings beat. Benzinga analyst updates
• Positive Sentiment: Teledyne also announced a five-year partnership with the RNLI to provide navigation and thermal imaging technology, a modestly positive contract win that supports its marine and sensing businesses. RNLI partnership announcement
• Neutral Sentiment: Some commentary notes the stock is trading at a premium valuation after the rally, which may limit near-term upside even as fundamentals improve. Teledyne (TDY) Stock Trades At A Premium To Fair Value

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.