Aigen Investment Management LP acquired a new stake in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,422 shares of the scientific and technical instruments company’s stock, valued at approximately $1,237,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new position in Teledyne Technologies in the 3rd quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teledyne Technologies in the 4th quarter valued at about $28,000. Board of the Pension Protection Fund purchased a new position in Teledyne Technologies in the 4th quarter valued at about $41,000. Banque Cantonale Vaudoise purchased a new position in Teledyne Technologies in the 3rd quarter valued at about $43,000. Finally, AlphaQuest LLC boosted its position in Teledyne Technologies by 7,700.0% in the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 77 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms have weighed in on TDY. Barclays upped their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Stifel Nicolaus increased their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday. Morgan Stanley increased their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Finally, Citigroup increased their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $693.71.
Teledyne Technologies Stock Performance
Shares of TDY stock opened at $625.28 on Friday. 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 one year low of $483.02 and a one year high of $693.38. The company’s 50-day simple moving average is $630.60 and its 200-day simple moving average is $603.11. The stock has a market capitalization of $28.97 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 3.00 and a beta of 0.94.
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. Teledyne Technologies’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.95 earnings per share. 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 anticipate 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.
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