Core Capital Management & Research inc. Invests $3.04 Million in Teledyne Technologies Incorporated $TDY

Key Points

• Core Capital Management & Research bought 4,781 Teledyne Technologies shares worth approximately $3.04 million in the second quarter, making TDY 1.6% of its portfolio. Institutional investors collectively own 91.58% of the company.
• Teledyne exceeded quarterly expectations, reporting $6.28 in EPS versus the $5.79 consensus and $1.66 billion in revenue, up 9.8% year over year. Full-year 2026 EPS guidance is $24.45–$24.65.
• TDY shares opened at $595.03, below the analyst consensus price target of $721.67; the stock carries a “Moderate Buy” consensus rating. Director Simon Lorne separately sold 6,449 shares for about $4.39 million.

Core Capital Management & Research inc. acquired a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,781 shares of the scientific and technical instruments company's stock, valued at approximately $3,035,000. Teledyne Technologies comprises 1.6% of Core Capital Management & Research inc.'s investment portfolio, making the stock its 23rd biggest position.

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

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $595.03 on Thursday. The firm has a market capitalization of $27.59 billion, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 2.63 and a beta of 0.91. 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 has a fifty day moving average of $644.05 and a 200 day moving average of $638.36. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67.

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

Insider Buying and Selling

In related news, Director Simon Lorne sold 6,449 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the sale, the director owned 55,783 shares in the company, valued at $37,951,406.22. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.36% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TDY. Weiss Ratings reissued a "buy (b)" rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Zacks Research lowered Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Citigroup raised their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group upgraded Teledyne Technologies to a "strong-buy" rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $721.67.

Teledyne Technologies Profile

Teledyne Technologies Incorporated NYSE: TDY is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company's offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.