Sanctuary Advisors LLC Purchases Shares of 8,959 Teledyne Technologies Incorporated $TDY

Key Points

• Sanctuary Advisors acquired 8,959 Teledyne Technologies shares in the second quarter, worth approximately $5.98 million. Institutional investors collectively own 91.58% of TDY’s outstanding stock.
• Teledyne reported quarterly EPS of $6.28, beating estimates by $0.49, while revenue rose 9.8% year over year to $1.66 billion. The company issued fiscal 2026 EPS guidance of $24.45–$24.65.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $721.67, compared with the stock’s reported opening price of $625.50.

Sanctuary Advisors LLC acquired a new stake in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,959 shares of the scientific and technical instruments company's stock, valued at approximately $5,975,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Teledyne Technologies in the 2nd quarter valued at $26,273,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Teledyne Technologies during the 2nd quarter valued at about $488,000. Clear Harbor Asset Management LLC acquired a new position in Teledyne Technologies during the second quarter worth $4,069,000. Bank of Nova Scotia purchased a new stake in shares of Teledyne Technologies in the 2nd quarter valued at approximately $3,675,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Teledyne Technologies in the 2nd quarter valued at $878,000. Institutional investors and hedge funds own 91.58% of the company's stock.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Simon M. Lorne sold 6,449 shares of the business'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 transaction, 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.36% of the company's stock.

Teledyne Technologies Stock Performance

Shares of Teledyne Technologies stock opened at $625.50 on Tuesday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $697.67. 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 stock has a market capitalization of $29.00 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 2.77 and a beta of 0.92. The firm's fifty day simple moving average is $647.70 and its 200-day simple moving average is $641.61.

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 (EPS) for the quarter, beating the consensus estimate of $5.79 by $0.49. The firm had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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, equities analysts forecast that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

TDY has been the topic of a number of recent research reports. Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a research note on Wednesday, June 10th. Needham & Company LLC increased their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. 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 report on Friday, July 24th. Citigroup upped their target price on shares of Teledyne Technologies from $677.00 to $680.00 and gave the company a "neutral" rating in a report on Wednesday, July 1st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Teledyne Technologies in a research note on Wednesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Teledyne Technologies has a consensus rating of "Moderate Buy" and an average price target of $721.67.

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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