Van ECK Associates Corp Has $3.44 Million Stock Holdings in Teledyne Technologies Incorporated $TDY

Van ECK Associates Corp grew its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 51.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,155 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,742 shares during the period. Van ECK Associates Corp’s holdings in Teledyne Technologies were worth $3,438,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meeder Asset Management Inc. bought a new position in Teledyne Technologies in the first quarter valued at approximately $27,000. Allied Private Wealth LLC bought a new stake in shares of Teledyne Technologies during the 2nd quarter worth approximately $28,000. Trust Co. of Vermont bought a new stake in shares of Teledyne Technologies during the 2nd quarter worth approximately $28,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Teledyne Technologies in the 2nd quarter valued at approximately $33,000. Finally, DV Equities LLC bought a new position in shares of Teledyne Technologies in the fourth quarter valued at $33,000. Institutional investors own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on TDY shares. Citigroup upped their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Barclays upped their target price on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Stifel Nicolaus lifted 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. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Finally, Zacks Research lowered Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Simon Lorne sold 6,449 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.36% of the stock is owned by company insiders.

Teledyne Technologies Stock Performance

NYSE TDY opened at $606.69 on Friday. The stock has a market cap of $28.13 billion, a PE ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 0.91. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The firm has a 50-day moving average of $647.53 and a 200-day moving average of $639.88. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $697.67.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping 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 during 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 was up 9.8% on a year-over-year basis. 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. On average, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

About Teledyne Technologies

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.