2,963 Shares in Teledyne Technologies Incorporated $TDY Purchased by Empowered Funds LLC

Key Points

• Empowered Funds LLC acquired 2,963 Teledyne Technologies shares worth approximately $1.98 million during the second quarter. Institutional investors collectively own 91.58% of TDY’s outstanding stock.
• Teledyne reported quarterly adjusted EPS of $6.28, exceeding estimates of $5.79, while revenue rose 9.8% year over year to $1.66 billion. The company provided fiscal 2026 EPS guidance of $24.45–$24.65.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $721.67, although Director Simon Lorne recently sold 6,449 shares for approximately $4.39 million.

Empowered Funds LLC acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,963 shares of the scientific and technical instruments company's stock, valued at approximately $1,976,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TDY. Trust Co. of Vermont purchased a new stake in shares of Teledyne Technologies during the 2nd quarter worth approximately $28,000. Allied Private Wealth LLC bought a new stake in shares of Teledyne Technologies in the 2nd quarter worth approximately $28,000. Meeder Asset Management Inc. purchased a new position in Teledyne Technologies in the first quarter valued at approximately $27,000. C M Bidwell & Associates Ltd. bought a new position in Teledyne Technologies during the second quarter valued at $35,000. Finally, Keating Financial Advisory Services Inc. bought a new position in Teledyne Technologies during the second quarter valued at $38,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Teledyne Technologies

In related news, Director Simon Lorne sold 6,449 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director owned 55,783 shares of the company's stock, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.36% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Weiss Ratings restated a "buy (b)" rating on shares of Teledyne Technologies in a research note on Wednesday, August 19th. Morgan Stanley increased their price target on Teledyne Technologies from $680.00 to $715.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $750.00 to $775.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Jefferies Financial Group upgraded Teledyne Technologies to a "strong-buy" rating in a research note on Wednesday, June 10th. Finally, Barclays upped their price objective on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, Teledyne Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $721.67.

Teledyne Technologies Trading Up 0.1%

Shares of TDY stock opened at $606.69 on Friday. The company's fifty day simple moving average is $647.53 and its two-hundred day simple moving average is $639.88. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67. The stock has a market capitalization of $28.13 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 2.64 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the business posted $5.20 earnings per share. The business's quarterly revenue 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. As a group, analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current 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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