Teledyne Technologies
About: Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Employees: 14,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
28% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 64
25% more repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 212
3% more funds holding
Funds holding: 639 [Q1] → 657 (+18) [Q2]
11% less capital invested
Capital invested by funds: $18.6B [Q1] → $16.6B (-$1.97B) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
35.13% less ownership
Funds ownership: 125.52% [Q1] → 90.39% (-35.13%) [Q2]
49% less call options, than puts
Call options by funds: $4.73M | Put options by funds: $9.35M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham James Ricchiuti 69% 1-year accuracy 66 / 95 met price target | 7%upside $482 | Buy Maintained | 25 Jul 2024 |
Vertical Research Kevin McCarthy 63% 1-year accuracy 5 / 8 met price target | 5%upside $470 | Buy Initiated | 23 Jul 2024 |
Financial journalist opinion
Based on 8 articles about TDY published over the past 30 days