King Luther Capital Management Corp Decreases Position in Teledyne Technologies Incorporated $TDY

King Luther Capital Management Corp cut its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 548,394 shares of the scientific and technical instruments company’s stock after selling 4,845 shares during the quarter. Teledyne Technologies makes up approximately 1.3% of King Luther Capital Management Corp’s portfolio, making the stock its 17th largest holding. King Luther Capital Management Corp’s holdings in Teledyne Technologies were worth $321,381,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. SBI Securities Co. Ltd. boosted its stake in shares of Teledyne Technologies by 75.9% during the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in Teledyne Technologies in the 3rd quarter valued at about $26,000. Rexford Capital Inc. acquired a new stake in shares of Teledyne Technologies during the 2nd quarter worth about $29,000. First Horizon Advisors Inc. grew its holdings in shares of Teledyne Technologies by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 27 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of Teledyne Technologies by 193.1% in the second quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 56 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on TDY. Barclays increased their price target on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Needham & Company LLC increased their target price on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup lifted their price target on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Morgan Stanley initiated coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective on the stock. Finally, Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Up 2.0%

Shares of NYSE TDY opened at $662.20 on Thursday. The stock has a fifty day moving average price of $575.00 and a 200 day moving average price of $552.00. The company has a market cap of $31.09 billion, a P/E ratio of 35.02, a P/E/G ratio of 3.22 and a beta of 1.01. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $674.63. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Buying and Selling

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the transaction, the director owned 47,328 shares in the company, valued at $29,390,688. The trade was a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider owned 2,644 shares of the company’s stock, valued at approximately $1,666,936.24. This trade represents a 48.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 11,500 shares of company stock worth $7,214,750 in the last quarter. Insiders own 1.50% of the company’s stock.

Teledyne Technologies 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.