Bokf Na lowered its holdings in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 55.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,614 shares of the scientific and technical instruments company’s stock after selling 2,039 shares during the period. Bokf Na’s holdings in Teledyne Technologies were worth $626,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. American National Bank acquired a new position in shares of Teledyne Technologies in the second quarter worth $28,000. Innealta Capital LLC purchased a new stake in shares of Teledyne Technologies during the second quarter worth $28,000. Kapitalo Investimentos Ltda purchased a new stake in shares of Teledyne Technologies during the fourth quarter worth $29,000. Tortoise Investment Management LLC increased its position in shares of Teledyne Technologies by 48.0% during the second quarter. Tortoise Investment Management LLC now owns 74 shares of the scientific and technical instruments company’s stock worth $29,000 after acquiring an additional 24 shares during the period. Finally, Crewe Advisors LLC increased its position in shares of Teledyne Technologies by 319.0% during the second quarter. Crewe Advisors LLC now owns 88 shares of the scientific and technical instruments company’s stock worth $34,000 after acquiring an additional 67 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.
Teledyne Technologies Stock Performance
Shares of TDY stock opened at $427.75 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average price of $413.34 and a 200 day moving average price of $406.05. The company has a market cap of $20.27 billion, a P/E ratio of 23.13, a PEG ratio of 3.00 and a beta of 1.02. Teledyne Technologies Incorporated has a 12 month low of $355.41 and a 12 month high of $448.19.
Analysts Set New Price Targets
TDY has been the topic of a number of recent research reports. Needham & Company LLC upped their price objective on Teledyne Technologies from $455.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th. Vertical Research initiated coverage on Teledyne Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $470.00 price objective on the stock. Finally, StockNews.com lowered Teledyne Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, August 11th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $471.17.
Check Out Our Latest Report on TDY
About Teledyne Technologies
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.
Featured Stories
- Five stocks we like better than Teledyne Technologies
- The Significance of Brokerage Rankings in Stock Selection
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- 3 Warren Buffett Stocks to Buy Now
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
- Do ETFs Pay Dividends? What You Need to Know
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
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.