J. Goldman & Co LP Purchases New Position in Teledyne Technologies Incorporated $TDY

Key Points

• J. Goldman & Co. LP acquired 48,395 shares of Teledyne Technologies in the second quarter, valued at approximately $32.3 million. The position represents about 0.8% of the firm’s portfolio and 0.10% of Teledyne’s outstanding shares.
• Teledyne reported quarterly EPS of $6.28, exceeding the $5.79 consensus estimate, while revenue rose 9.8% year over year to $1.66 billion. The company provided fiscal 2026 EPS guidance of $24.45–$24.65.
• Analyst sentiment is favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $721.67; Stifel and Needham raised their targets to $775 and $750, respectively.

J. Goldman & Co LP bought a new stake in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 48,395 shares of the scientific and technical instruments company's stock, valued at approximately $32,275,000. Teledyne Technologies accounts for about 0.8% of J. Goldman & Co LP's investment portfolio, making the stock its 22nd biggest position. J. Goldman & Co LP owned approximately 0.10% of Teledyne Technologies at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Teledyne Technologies in the first quarter valued at approximately $27,000. Allied Private Wealth LLC purchased a new stake in Teledyne Technologies in the 2nd quarter valued at $28,000. Trust Co. of Vermont purchased a new stake in Teledyne Technologies in the 2nd quarter valued at $28,000. DV Equities LLC acquired a new stake in Teledyne Technologies during the 4th quarter worth $33,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in Teledyne Technologies during the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 91.58% of the company's stock.

Teledyne Technologies Stock Up 0.3%

Teledyne Technologies stock opened at $627.39 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. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $697.67. The company has a market cap of $29.09 billion, a PE ratio of 30.29, a price-to-earnings-growth ratio of 2.72 and a beta of 0.92. The stock's 50 day moving average price is $647.66 and its 200 day moving average price is $641.59.

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 (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 during the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter in the prior year, the business posted $5.20 earnings per share. Teledyne Technologies's revenue was up 9.8% compared to the same quarter last year. 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. On average, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on TDY. Zacks Research raised Teledyne Technologies from a "hold" rating to a "strong-buy" rating in a report on Friday, July 24th. Stifel Nicolaus upped their price target on 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 price target on Teledyne Technologies from $735.00 to $750.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a research report on Wednesday, June 10th. Finally, Citigroup raised their target price on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $721.67.

Insider Activity at Teledyne Technologies

In related news, Director Simon M. Lorne sold 6,449 shares of the business's stock in a transaction dated 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.36% of the stock is owned by company insiders.

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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