Pictet Asset Management Holding SA Buys 1,025 Shares of Teledyne Technologies Incorporated $TDY

Pictet Asset Management Holding SA grew its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 4.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,890 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,025 shares during the period. Pictet Asset Management Holding SA’s holdings in Teledyne Technologies were worth $11,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TDY. Mariner LLC increased its holdings in Teledyne Technologies by 7,237.2% during the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after buying an additional 305,337 shares during the period. Artisan Partners Limited Partnership purchased a new position in Teledyne Technologies during the third quarter valued at approximately $129,791,000. Public Sector Pension Investment Board increased its holdings in Teledyne Technologies by 4,520.4% during the third quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock valued at $120,982,000 after buying an additional 201,972 shares during the period. Rakuten Investment Management Inc. purchased a new position in Teledyne Technologies during the third quarter valued at approximately $108,576,000. Finally, Dodge & Cox increased its holdings in Teledyne Technologies by 12.2% during the third quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after buying an additional 183,222 shares during the period. Institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TDY shares. Jefferies Financial Group lifted their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Citigroup lifted their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Morgan Stanley lifted their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Barclays lifted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Needham & Company LLC lifted their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $693.71.

Check Out Our Latest Report on Teledyne Technologies

Teledyne Technologies Price Performance

NYSE TDY opened at $640.76 on Friday. The firm’s fifty day simple moving average is $644.93 and its two-hundred day simple moving average is $583.60. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 12-month low of $465.91 and a 12-month high of $693.38. The firm has a market capitalization of $29.69 billion, a P/E ratio of 32.41, a P/E/G ratio of 3.06 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company earned $4.95 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Analysts forecast that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at approximately $32,192,693. The trade was a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.36% of the company’s stock.

Teledyne Technologies Company Profile

(Free Report)

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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