Teledyne Technologies Incorporated $TDY Shares Bought by Maren Capital LLC

Key Points

• Maren Capital increased its Teledyne Technologies position by 4.1% in the second quarter, acquiring 14,806 shares and bringing its holdings to 376,928 shares worth approximately $251.4 million.
• Teledyne reported quarterly revenue of $1.66 billion and EPS of $6.28, exceeding analyst estimates while revenue grew 9.8% year over year. The company guided for fiscal 2026 EPS of $24.45–$24.65.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $721.67, although director Simon Lorne sold 6,449 shares for roughly $4.4 million in August.

Maren Capital LLC lifted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,928 shares of the scientific and technical instruments company's stock after acquiring an additional 14,806 shares during the quarter. Teledyne Technologies accounts for about 11.7% of Maren Capital LLC's holdings, making the stock its 3rd biggest position. Maren Capital LLC owned about 0.81% of Teledyne Technologies worth $251,373,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in Teledyne Technologies during the second quarter worth $28,000. Allied Private Wealth LLC acquired a new stake in Teledyne Technologies in the second quarter valued at $28,000. Meeder Asset Management Inc. purchased a new position in shares of Teledyne Technologies in the first quarter valued at $27,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth $33,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth $35,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Up 0.4%

Teledyne Technologies stock opened at $610.34 on Friday. The stock has a market cap of $28.29 billion, a PE ratio of 29.47, a P/E/G ratio of 2.66 and a beta of 0.91. The stock has a 50-day moving average price of $647.25 and a 200 day moving average price of $639.68. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week 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.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TDY shares. Weiss Ratings reissued a "buy (b)" rating on shares of Teledyne Technologies in a research note on Wednesday, August 19th. Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a research report on Wednesday, June 10th. Barclays upped their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. Finally, Citigroup lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $721.67.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Simon Lorne sold 6,449 shares of the business's stock in a transaction that occurred 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 completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.36% of the stock is currently owned by corporate insiders.

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.

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