Teledyne Technologies Incorporated $TDY Stock Holdings Trimmed by Pacer Advisors Inc.

Key Points

• Pacer Advisors cut its Teledyne Technologies position by 53.8% in the first quarter, selling 3,034 shares and retaining 2,605 shares worth approximately $1.58 million. Institutional investors collectively own 91.58% of the company.
• Analyst sentiment remains positive, with Teledyne holding a “Moderate Buy” consensus rating and an average price target of $715.83; Stifel raised its target to $775 and maintained a buy rating.
• Teledyne exceeded quarterly expectations, reporting $6.28 in earnings per share versus the $5.79 estimate and $1.66 billion in revenue, up 9.8% year over year. Shares opened at $691, near their 52-week high of $694.91.

Pacer Advisors Inc. lowered its position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 53.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,605 shares of the scientific and technical instruments company's stock after selling 3,034 shares during the quarter. Pacer Advisors Inc.'s holdings in Teledyne Technologies were worth $1,576,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Personal CFO Solutions LLC increased its holdings in shares of Teledyne Technologies by 2.0% in the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company's stock valued at $413,000 after acquiring an additional 16 shares during the last quarter. US Asset Management LLC increased its stake in Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company's stock valued at $259,000 after purchasing an additional 17 shares during the last quarter. CENTRAL TRUST Co raised its holdings in shares of Teledyne Technologies by 24.3% during the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company's stock worth $56,000 after purchasing an additional 18 shares during the period. Assetmark Inc. raised its holdings in shares of Teledyne Technologies by 10.5% during the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company's stock worth $115,000 after purchasing an additional 18 shares during the period. Finally, Parvin Asset Management LLC lifted 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. Institutional investors own 91.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TDY. Citigroup boosted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the company a "neutral" rating in a research report on Wednesday, July 1st. Weiss Ratings reissued a "buy (b)" rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Zacks Research raised Teledyne Technologies from a "hold" rating to a "strong-buy" rating in a report on Friday, July 24th. Barclays increased their price target on Teledyne Technologies from $614.00 to $640.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Finally, Stifel Nicolaus raised their price target on Teledyne Technologies from $750.00 to $775.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $715.83.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $691.00 on Friday. The firm's 50 day moving average is $637.26 and its two-hundred day moving average is $637.45. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $694.91. The firm has a market capitalization of $32.03 billion, a P/E ratio of 33.37, a PEG ratio of 3.01 and a beta of 0.92. 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 quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating analysts' consensus estimates of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter in the previous year, the company posted $5.20 earnings per share. The business's revenue for the quarter 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. Analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

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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