Were Analysts Bearish Teledyne Technologies Incorporated (NYSE:TDY) This Week?

May 23, 2018 - By Peter Erickson

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.03, from 1.28 in 2017Q3. It increased, as 16 investors sold Teledyne Technologies Incorporated shares while 78 reduced holdings. 41 funds opened positions while 82 raised stakes. 28.95 million shares or 2.12% less from 29.58 million shares in 2017Q3 were reported.
Dupont Capital Corp, Delaware-based fund reported 4,226 shares. Moreover, Ironwood Inv Mgmt Ltd Company has 0.37% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 2,854 shares. 2,639 were reported by Stevens Capital Mngmt L P. Captrust Fincl Advisors holds 99 shares or 0% of its portfolio. Peak6 Investments L P holds 0% or 2,389 shares in its portfolio. 1,887 were reported by First Citizens Retail Bank. Spectrum Mgmt Group owns 5 shares. Schwab Charles Mngmt holds 223,964 shares or 0.03% of its portfolio. Bowen Hanes Communications Incorporated has invested 2.11% in Teledyne Technologies Incorporated (NYSE:TDY). Oppenheimer Company accumulated 3,716 shares. Svcs Automobile Association owns 6,103 shares. Moreover, Oppenheimer Asset Mgmt has 0.04% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 10,376 shares. Sentry stated it has 2,504 shares or 0.01% of all its holdings. The Louisiana-based Louisiana State Employees Retirement System has invested 0.07% in Teledyne Technologies Incorporated (NYSE:TDY). Mason Street Advsrs Ltd Liability Corp accumulated 17,458 shares.

Since December 14, 2017, it had 0 insider buys, and 13 insider sales for $31.17 million activity. Shares for $900,559 were sold by LORNE SIMON M. On Tuesday, February 20 VanWees Jason sold $683,977 worth of Teledyne Technologies Incorporated (NYSE:TDY) or 3,500 shares. $1.74 million worth of Teledyne Technologies Incorporated (NYSE:TDY) was sold by Roks Edwin on Monday, May 21. On Friday, May 11 RESLEWIC THOMAS H sold $1.98 million worth of Teledyne Technologies Incorporated (NYSE:TDY) or 10,000 shares. SMITH MICHAEL T also sold $985,101 worth of Teledyne Technologies Incorporated (NYSE:TDY) on Monday, May 21. Another trade for 2,000 shares valued at $402,018 was made by Cibik Melanie Susan on Monday, May 21.

Teledyne Technologies Incorporated (NYSE:TDY) Ratings Coverage

Among 2 analysts covering Teledyne Technologies Inc (NYSE:TDY), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Teledyne Technologies Inc had 4 analyst reports since January 8, 2018 according to SRatingsIntel. On Thursday, February 1 the stock rating was maintained by Jefferies with “Hold”. Needham maintained Teledyne Technologies Incorporated (NYSE:TDY) on Friday, May 4 with “Buy” rating. Jefferies maintained the stock with “Hold” rating in Monday, January 8 report. The stock has “Buy” rating by Needham on Tuesday, January 23. Below is a list of Teledyne Technologies Incorporated (NYSE:TDY) latest ratings and price target changes.

04/05/2018 Broker: Needham Rating: Buy New Target: $210.0000 Maintain
01/02/2018 Broker: Jefferies Rating: Hold New Target: $191.0 Maintain
23/01/2018 Broker: Needham Rating: Buy New Target: $205.0 Maintain
08/01/2018 Broker: Jefferies Rating: Hold New Target: $185.0 Maintain

The stock decreased 1.60% or $3.19 during the last trading session, reaching $196.59. About 96,620 shares traded. Teledyne Technologies Incorporated (NYSE:TDY) has risen 49.14% since May 23, 2017 and is uptrending. It has outperformed by 37.59% the S&P500.

Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, Canada, the United Kingdom, and internationally. The company has market cap of $7.03 billion. The companyÂ’s Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial, and other applications, as well as electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks deployed in mission critical and harsh environments. It has a 31.4 P/E ratio. The Company’s Digital Imaging segment provides image sensors and digital cameras for use in industrial, scientific, medical, and photogrammetry applications; and hardware and software for image processing in industrial and medical applications, as well as manufacturing services for micro electro-mechanical systems.

More notable recent Teledyne Technologies Incorporated (NYSE:TDY) news were published by: Seekingalpha.com which released: “Updated Aerospace & Defense Stocks: Which Best Wealth-Builders Now?” on May 20, 2018, also Seekingalpha.com with their article: “Teledyne Technologies’ (TDY) CEO Robert Mehrabian on Q1 2018 Results – Earnings Call Transcript” published on May 06, 2018, Streetinsider.com published: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” on May 15, 2018. More interesting news about Teledyne Technologies Incorporated (NYSE:TDY) were released by: Businesswire.com and their article: “Teledyne Brown Engineering Awarded Large Business Subcontractor of the Year” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “More on Teledyne Technologies Q1 results” with publication date: May 03, 2018.

Teledyne Technologies Incorporated (NYSE:TDY) Institutional Positions Chart

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