4,330 Shares in Teledyne Technologies Incorporated $TDY Purchased by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP acquired 4,330 Teledyne Technologies shares in the second quarter, valued at approximately $2.89 million. Institutional investors and hedge funds collectively own 91.58% of TDY.
• Director Simon M. Lorne sold 6,449 shares for approximately $4.39 million, reducing his position by 10.36%; insiders now own 1.36% of the company.
• Teledyne reported quarterly EPS of $6.28, exceeding estimates by $0.49, while revenue rose 9.8% year over year to $1.66 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $721.67, compared with the stock’s $609.94 opening price.

Corient Private Wealth LP acquired a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,330 shares of the scientific and technical instruments company's stock, valued at approximately $2,887,000.

A number of other large investors also recently added to or reduced their stakes in TDY. CX Institutional raised its stake in shares of Teledyne Technologies by 2.8% during the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company's stock worth $411,000 after buying an additional 17 shares during the last quarter. CENTRAL TRUST Co boosted its stake in Teledyne Technologies by 24.3% in the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company's stock valued at $56,000 after acquiring an additional 18 shares during the last quarter. Assetmark Inc. boosted its stake in Teledyne Technologies by 10.5% in the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company's stock valued at $115,000 after acquiring an additional 18 shares during the last quarter. Parvin Asset Management LLC grew its holdings in Teledyne Technologies by 12.5% during the 1st quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company's stock worth $109,000 after acquiring an additional 20 shares during the period. Finally, Cresset Asset Management LLC raised its position in shares of Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company's stock valued at $425,000 after acquiring an additional 20 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Teledyne Technologies

In related news, Director Simon M. Lorne sold 6,449 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the sale, the director directly owned 55,783 shares of the company's stock, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.36% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TDY shares. Zacks Research downgraded Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Citigroup raised their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a report on Wednesday, July 1st. Needham & Company LLC upped their price target on Teledyne Technologies from $735.00 to $750.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Morgan Stanley increased their price target on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an "equal weight" rating in a research report on Thursday, August 13th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $721.67.

Teledyne Technologies Trading Down 0.5%

NYSE:TDY opened at $609.94 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The business's 50-day simple moving average is $648.00 and its 200-day simple moving average is $640.54. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The stock has a market capitalization of $28.28 billion, a PE ratio of 29.45, a price-to-earnings-growth ratio of 2.67 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating analysts' consensus estimates of $5.79 by $0.49. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business's revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.20 earnings per share. 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. Sell-side analysts expect that Teledyne Technologies Incorporated will post 24.69 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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