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

Hsbc Holdings PLC grew its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 81.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,171 shares of the scientific and technical instruments company’s stock after acquiring an additional 97,281 shares during the quarter. Hsbc Holdings PLC’s holdings in Teledyne Technologies were worth $110,495,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

TDY has been the subject of several research analyst reports. Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Citigroup lifted their price target on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Needham & Company LLC upped their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $694.14.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $652.53 on Friday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company’s fifty day simple moving average is $627.69 and its 200-day simple moving average is $616.26. The firm has a market cap of $30.23 billion, a PE ratio of 33.01, a P/E/G ratio of 3.13 and a beta of 0.92. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

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 for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter last year, the firm earned $4.95 earnings per share. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. 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 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.