HighTower Advisors LLC Boosts Holdings in Teledyne Technologies Incorporated $TDY

Key Points

• HighTower Advisors increased its Teledyne Technologies stake by 328.4% in the second quarter, bringing its holdings to 27,111 shares valued at approximately $18.1 million. Institutional investors collectively own 91.58% of TDY.
• Teledyne exceeded quarterly expectations, reporting $6.28 in EPS and $1.66 billion in revenue, with revenue rising 9.8% year over year. The company issued fiscal 2026 EPS guidance of $24.45–$24.65.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $721.67, although TDY recently traded down 0.9% to $605.33. Director Simon Lorne separately sold 6,449 shares worth about $4.39 million.

HighTower Advisors LLC increased its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 328.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,111 shares of the scientific and technical instruments company's stock after acquiring an additional 20,783 shares during the quarter. HighTower Advisors LLC owned about 0.06% of Teledyne Technologies worth $18,080,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Trust Co. of Vermont acquired a new stake in shares of Teledyne Technologies during the second quarter worth about $28,000. Allied Private Wealth LLC purchased a new position in Teledyne Technologies during the 2nd quarter worth approximately $28,000. Meeder Asset Management Inc. purchased a new position in Teledyne Technologies during the 1st quarter worth approximately $27,000. Pin Oak Investment Advisors Inc. acquired a new position in Teledyne Technologies during the second quarter worth approximately $33,000. Finally, C M Bidwell & Associates Ltd. purchased a new stake in Teledyne Technologies in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 91.58% of the company's stock.

Teledyne Technologies Trading Down 0.9%

NYSE:TDY opened at $605.33 on Wednesday. Teledyne Technologies Incorporated has a 12-month low of $483.02 and a 12-month high of $697.67. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19. The stock's 50 day simple moving average is $645.39 and its 200-day simple moving average is $638.86. The firm has a market cap of $28.06 billion, a P/E ratio of 29.23, a PEG ratio of 2.66 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping the consensus estimate of $5.79 by $0.49. The firm had revenue of $1.66 billion during 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 revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the company earned $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. Equities analysts anticipate that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TDY shares. Citigroup increased their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a "neutral" rating in a report on Wednesday, July 1st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Zacks Research downgraded shares of Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Stifel Nicolaus increased their price target 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. Finally, Barclays raised their price objective on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $721.67.

Insider Activity at Teledyne Technologies

In other news, Director Simon Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction dated 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 owned 55,783 shares of the company's stock, valued at $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.36% of the company's stock.

Teledyne Technologies Company 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.

Want to see what other hedge funds are holding TDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teledyne Technologies Incorporated (NYSE:TDY - Free Report).

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.