Kennedy Capital Management LLC Lowers Stake in Teledyne Technologies Incorporated $TDY

Kennedy Capital Management LLC lowered its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 31.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 26,821 shares of the scientific and technical instruments company’s stock after selling 12,221 shares during the period. Kennedy Capital Management LLC owned approximately 0.06% of Teledyne Technologies worth $13,698,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TDY. Abich Financial Wealth Management LLC purchased a new position in shares of Teledyne Technologies during the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teledyne Technologies during the 4th quarter worth approximately $28,000. Board of the Pension Protection Fund purchased a new position in shares of Teledyne Technologies during the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise purchased a new position in shares of Teledyne Technologies during the 3rd quarter worth approximately $43,000. Finally, AlphaQuest LLC boosted its position in shares of Teledyne Technologies by 7,700.0% during the 3rd 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 period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TDY. Morgan Stanley increased 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 report on Wednesday, March 4th. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Barclays increased 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. Citigroup increased 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. Finally, Stifel Nicolaus increased their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $625.28 on Monday. The firm has a market cap of $28.97 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 3.00 and a beta of 0.94. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $630.60 and its two-hundred day moving average is $603.89.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) 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 company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the business earned $4.95 EPS. The firm’s quarterly 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. On average, research analysts expect that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

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.