JPMorgan Chase & Co. Sells 58,658 Shares of Teledyne Technologies Incorporated $TDY

JPMorgan Chase & Co. reduced its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 884,167 shares of the scientific and technical instruments company’s stock after selling 58,658 shares during the period. JPMorgan Chase & Co.’s holdings in Teledyne Technologies were worth $451,571,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC bought a new stake in shares of Teledyne Technologies in the 3rd quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $28,000. Banque Cantonale Vaudoise bought a new stake in shares of Teledyne Technologies in the 3rd quarter valued at approximately $43,000. AlphaQuest LLC grew its stake in shares of Teledyne Technologies by 7,700.0% in the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 77 shares during the period. Finally, Board of the Pension Protection Fund bought a new stake in shares of Teledyne Technologies in the 4th quarter valued at approximately $41,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Stock Down 2.6%

Shares of TDY opened at $603.20 on Thursday. The company has a market capitalization of $27.95 billion, a P/E ratio of 30.51, a PEG ratio of 2.97 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The business’s 50 day simple moving average is $630.09 and its 200-day simple moving average is $602.04.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $4.95 EPS. Teledyne Technologies’s revenue was up 7.6% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TDY shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Citigroup boosted their target price on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Needham & Company LLC boosted their target price on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Morgan Stanley boosted their target price on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Company 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.