Beverly Hills Private Wealth LLC Decreases Stake in Teledyne Technologies Incorporated $TDY

Beverly Hills Private Wealth LLC decreased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 8.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 936 shares of the scientific and technical instruments company’s stock after selling 92 shares during the period. Beverly Hills Private Wealth LLC’s holdings in Teledyne Technologies were worth $480,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TDY. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Teledyne Technologies by 56.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 640,572 shares of the scientific and technical instruments company’s stock valued at $318,819,000 after buying an additional 232,401 shares during the last quarter. Pacer Advisors Inc. increased its stake in Teledyne Technologies by 3,319.3% in the 1st quarter. Pacer Advisors Inc. now owns 181,601 shares of the scientific and technical instruments company’s stock valued at $90,385,000 after buying an additional 176,290 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in Teledyne Technologies by 10.9% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,459,422 shares of the scientific and technical instruments company’s stock valued at $726,369,000 after buying an additional 143,062 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Teledyne Technologies by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 5,718,295 shares of the scientific and technical instruments company’s stock worth $2,846,053,000 after purchasing an additional 105,811 shares during the last quarter. Finally, Greenhouse Funds LLLP purchased a new stake in shares of Teledyne Technologies during the 1st quarter worth approximately $48,532,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Up 1.7%

TDY opened at $571.98 on Tuesday. The company has a 50 day moving average of $558.69 and a 200 day moving average of $520.95. The company has a market cap of $26.82 billion, a PE ratio of 31.50, 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. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.21.

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

Teledyne Technologies declared that its Board of Directors has approved a stock buyback plan on Wednesday, July 23rd that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the scientific and technical instruments company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Teledyne Technologies

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TDY shares. UBS Group raised their price target on shares of Teledyne Technologies from $585.00 to $630.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Barclays started coverage on shares of Teledyne Technologies in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $606.00 price target for the company. Morgan Stanley raised their price target on shares of Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 15th. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus started coverage on shares of Teledyne Technologies in a research note on Tuesday, June 24th. They set a “buy” rating and a $626.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $585.25.

Teledyne Technologies 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.