Advisor OS LLC Has $326,000 Holdings in Teledyne Technologies Incorporated (NYSE:TDY)

Advisor OS LLC lowered its position in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 45.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 702 shares of the scientific and technical instruments company's stock after selling 587 shares during the quarter. Advisor OS LLC's holdings in Teledyne Technologies were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Brooklyn Investment Group acquired a new stake in shares of Teledyne Technologies in the third quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB bought a new position in shares of Teledyne Technologies in the third quarter valued at approximately $39,000. Newbridge Financial Services Group Inc. bought a new position in shares of Teledyne Technologies in the fourth quarter valued at approximately $46,000. Allworth Financial LP boosted its holdings in shares of Teledyne Technologies by 15.1% in the fourth quarter. Allworth Financial LP now owns 206 shares of the scientific and technical instruments company's stock valued at $105,000 after acquiring an additional 27 shares in the last quarter. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of Teledyne Technologies by 85.5% in the fourth quarter. Salem Investment Counselors Inc. now owns 230 shares of the scientific and technical instruments company's stock valued at $107,000 after acquiring an additional 106 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company's stock.

Insider Buying and Selling

In other Teledyne Technologies news, VP Cynthia Y. Belak sold 5,745 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $508.34, for a total value of $2,920,413.30. Following the completion of the sale, the vice president now owns 4,962 shares in the company, valued at $2,522,383.08. This represents a 53.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Robert Mehrabian sold 5,768 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $518.22, for a total transaction of $2,989,092.96. Following the completion of the sale, the chairman now owns 144,553 shares of the company's stock, valued at approximately $74,910,255.66. The trade was a 3.84 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,190 shares of company stock valued at $16,386,864. Company insiders own 2.14% of the company's stock.

Teledyne Technologies Trading Up 2.9 %

Teledyne Technologies stock traded up $14.74 during midday trading on Friday, reaching $515.60. The stock had a trading volume of 443,451 shares, compared to its average volume of 249,204. The firm's fifty day simple moving average is $488.76 and its two-hundred day simple moving average is $464.52. Teledyne Technologies Incorporated has a twelve month low of $355.41 and a twelve month high of $522.50. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 1.61. The firm has a market cap of $24.15 billion, a price-to-earnings ratio of 29.92, a PEG ratio of 3.14 and a beta of 1.03.

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 analysts' consensus estimates of $5.23 by $0.29. Teledyne Technologies had a net margin of 14.45% and a return on equity of 9.94%. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the business posted $5.44 EPS. The company's revenue was up 5.4% on a year-over-year basis. Equities analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TDY. Bank of America upgraded shares of Teledyne Technologies from a "neutral" rating to a "buy" rating and increased their price objective for the company from $450.00 to $550.00 in a report on Friday, November 8th. Needham & Company LLC restated a "buy" rating and set a $585.00 target price on shares of Teledyne Technologies in a report on Wednesday, February 5th. Finally, UBS Group began coverage on shares of Teledyne Technologies in a report on Tuesday, December 10th. They set a "buy" rating and a $585.00 target price for the company. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $538.00.

Teledyne Technologies Company Profile

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.