244,265 Shares in Teledyne Technologies Incorporated $TDY Bought by Port Capital LLC

Key Points

• Port Capital LLC acquired 244,265 Teledyne Technologies shares worth approximately $162.9 million, making TDY its third-largest holding and representing 6.6% of its portfolio. Institutional investors collectively own 91.58% of the company.
• Teledyne reported quarterly revenue of $1.66 billion and earnings of $6.28 per share, beating analyst estimates, while revenue increased 9.8% year over year. Management issued fiscal 2026 EPS guidance of $24.45–$24.65.
• Analyst sentiment is favorable, with an average “Moderate Buy” rating and a $721.67 price target; however, director Simon M. Lorne sold 6,449 shares for roughly $4.4 million.

Port Capital LLC purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 244,265 shares of the scientific and technical instruments company's stock, valued at approximately $162,900,000. Teledyne Technologies accounts for 6.6% of Port Capital LLC's investment portfolio, making the stock its 3rd biggest position. Port Capital LLC owned approximately 0.53% of Teledyne Technologies as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Teledyne Technologies during the second quarter worth about $2,751,121,000. Jupiter Topco LLC acquired a new stake in Teledyne Technologies in the second quarter valued at approximately $1,027,237,000. Norges Bank acquired a new stake in Teledyne Technologies in the fourth quarter valued at approximately $428,664,000. Findlay Park Partners LLP purchased a new position in Teledyne Technologies in the second quarter worth approximately $277,363,000. Finally, FIL Ltd lifted its stake in Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company's stock worth $698,238,000 after acquiring an additional 274,976 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company's stock.

Teledyne Technologies Stock Performance

Shares of TDY opened at $633.88 on Thursday. The company has a market capitalization of $29.39 billion, a price-to-earnings ratio of 30.61, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $697.67. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average price of $648.02 and a 200 day moving average price of $641.63.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings data 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 net margin of 15.29% and a return on equity of 10.56%. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter last year, the company earned $5.20 earnings per share. The firm's revenue for the quarter was up 9.8% on a year-over-year basis. 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. Research analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director directly owned 55,783 shares in the company, valued at $37,951,406.22. This trade represents a 10.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Jefferies Financial Group raised shares of Teledyne Technologies to a "strong-buy" rating in a research report on Wednesday, June 10th. Zacks Research raised shares of Teledyne Technologies from a "hold" rating to a "strong-buy" rating in a research report on Friday, July 24th. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Needham & Company LLC increased their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Teledyne Technologies in a research note on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $721.67.

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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