1 week Ago By ABMN Staff
Wellington Management Group LLP lifted its holdings in Teledyne Technologies Incorporated ( NYSE:TDY – Free Report ) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,725 shares of the scientific and technical instruments company’s stock after purchasing an additional 424 shares during the quarter.
Wellington Management Group LLP’s holdings in Teledyne Technologies were worth $3,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently modified their holdings of the company. Quantinno Capital Management LP lifted its stake in Teledyne Technologies by 73.
5% during the 3rd quarter. Quantinno Capital Management LP now owns 2,078 shares of the scientific and technical instruments company’s stock valued at $910,000 after acquiring an additional 880 shares during the period. Jane Street Group LLC raised its holdings in shares of Teledyne Technologies by 31.
7% during the third quarter. Jane Street Group LLC now owns 16,400 shares of the scientific and technical instruments company’s stock valued at $7,178,000 after purchasing an additional 3,944 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Teledyne Technologies during the third quarter valued at approximately $241,000.
Nomura Asset Management Co. Ltd. boosted its holdings in Teledyne Technologies by 7.
2% in the third quarter. Nomura Asset Management Co. Ltd.
now owns 14,313 shares of the scientific and technical instruments company’s stock worth $6,264,000 after purchasing an additional 957 shares during the last quarter. Finally, Barclays PLC grew its position in Teledyne Technologies by 4.9% in the 3rd quarter.
Barclays PLC now owns 102,490 shares of the scientific and technical instruments company’s stock worth $44,854,000 after purchasing an additional 4,765 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities analysts have recently issued reports on the company. StockNews.com downgraded Teledyne Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, April 2nd.
Needham & Company LLC reissued a “buy” rating and issued a $585.00 target price on shares of Teledyne Technologies in a report on Wednesday, February 5th. Finally, Bank of America boosted their price target on Teledyne Technologies from $550.
00 to $600.00 and gave the company a “buy” rating in a research note on Monday, March 17th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock.
According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $548.00.
Teledyne Technologies Price Performance Shares of Teledyne Technologies stock opened at $464.63 on Friday. The stock has a market cap of $21.
76 billion, a P/E ratio of 26.97, a P/E/G ratio of 3.14 and a beta of 1.
03. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.
61 and a current ratio of 2.33. The stock’s fifty day moving average is $490.
99 and its 200 day moving average is $477.37. Teledyne Technologies Incorporated has a one year low of $355.
41 and a one year high of $522.50. Teledyne Technologies ( NYSE:TDY – Get Free Report ) last posted its quarterly earnings data on Wednesday, January 22nd.
The scientific and technical instruments company reported $5.52 EPS for the quarter, topping the consensus estimate of $5.23 by $0.
29. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.
45 billion. Teledyne Technologies had a return on equity of 9.94% and a net margin of 14.
45%. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year.
During the same quarter last year, the company earned $5.44 earnings per share. Sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.
55 earnings per share for the current year. Insiders Place Their Bets In related news, Vice Chairman Jason Vanwees sold 3,700 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $520.
06, for a total value of $1,924,222.00. Following the completion of the transaction, the insider now owns 51,324 shares of the company’s stock, valued at approximately $26,691,559.
44. This represents a 6.72 % decrease in their position.
The sale was disclosed in a filing with the SEC, which is accessible through this link . Also, COO George C. Bobb III sold 6,308 shares of the firm’s stock in a transaction dated Friday, January 24th.
The shares were sold at an average price of $507.77, for a total value of $3,203,013.16.
Following the sale, the chief operating officer now directly owns 10,482 shares in the company, valued at approximately $5,322,445.14. This represents a 37.
57 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 34,571 shares of company stock worth $17,709,721 over the last three months.
1.50% of the stock is currently owned by company insiders. Teledyne Technologies Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding TDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teledyne Technologies Incorporated ( NYSE:TDY – Free Report ).
Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter ..
