Yousif Capital Management LLC Sells 53 Shares of Teledyne Technologies Incorporated $TDY

Yousif Capital Management LLC lessened its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,371 shares of the scientific and technical instruments company’s stock after selling 53 shares during the period. Yousif Capital Management LLC’s holdings in Teledyne Technologies were worth $2,752,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TDY. GAMMA Investing LLC increased its holdings in Teledyne Technologies by 24.6% during the 1st quarter. GAMMA Investing LLC now owns 998 shares of the scientific and technical instruments company’s stock worth $497,000 after purchasing an additional 197 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Teledyne Technologies by 11.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,040 shares of the scientific and technical instruments company’s stock valued at $1,015,000 after acquiring an additional 205 shares in the last quarter. Sagespring Wealth Partners LLC grew its holdings in shares of Teledyne Technologies by 3.9% in the 1st quarter. Sagespring Wealth Partners LLC now owns 663 shares of the scientific and technical instruments company’s stock valued at $330,000 after acquiring an additional 25 shares in the last quarter. QRG Capital Management Inc. bought a new position in shares of Teledyne Technologies in the 1st quarter valued at about $275,000. Finally, State of Alaska Department of Revenue grew its holdings in shares of Teledyne Technologies by 2.6% in the 1st quarter. State of Alaska Department of Revenue now owns 5,455 shares of the scientific and technical instruments company’s stock valued at $2,715,000 after acquiring an additional 140 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 0.1%

Shares of TDY stock opened at $562.29 on Friday. The firm has a 50 day moving average price of $558.09 and a two-hundred day moving average price of $519.53. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $26.37 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 2.60 and a beta of 1.11. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $595.99.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.05 by $0.15. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.47 billion. Teledyne Technologies had a net margin of 14.54% and a return on equity of 9.96%. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the business posted $4.58 earnings per share. Teledyne Technologies has set its FY 2025 guidance at 21.200-21.50 EPS. Q3 2025 guidance at 5.350-5.45 EPS. As a group, analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Teledyne Technologies announced that its board has authorized a share repurchase plan on Wednesday, July 23rd that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Teledyne Technologies news, Director Michael T. Smith sold 1,975 shares of the firm’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $560.10, for a total transaction of $1,106,197.50. Following the completion of the sale, the director directly owned 51,328 shares in the company, valued at $28,748,812.80. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Simon M. Lorne sold 6,311 shares of the firm’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $549.64, for a total transaction of $3,468,778.04. Following the sale, the director owned 61,913 shares of the company’s stock, valued at $34,029,861.32. This trade represents a 9.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,021 shares of company stock worth $8,315,662 over the last three months. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Teledyne Technologies from $580.00 to $620.00 and gave the company an “equal weight” rating in a report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday, October 8th. Barclays assumed coverage on Teledyne Technologies in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $606.00 price objective for the company. Stifel Nicolaus assumed coverage on Teledyne Technologies in a report on Tuesday, June 24th. They issued a “buy” rating and a $626.00 price objective for the company. Finally, UBS Group raised their target price on shares of Teledyne Technologies from $585.00 to $630.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $585.25.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.