Teledyne Technologies Incorporated (TDY) : Snyder Capital Management L P scooped up 8,420 additional shares in Teledyne Technologies Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 341,520 shares of Teledyne Technologies Incorporated which is valued at $36,023,530.Teledyne Technologies Incorporated makes up approximately 2.25% of Snyder Capital Management L P’s portfolio.
Other Hedge Funds, Including , Alliancebernstein reduced its stake in TDY by selling 67 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 59,837 shares of TDY which is valued at $6,311,607. Teledyne Technologies Incorporated makes up approx 0.01% of Alliancebernstein’s portfolio.Wesbanco Bank Inc boosted its stake in TDY in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 3,600 shares of Teledyne Technologies Incorporated which is valued at $383,616. Teledyne Technologies Incorporated makes up approx 0.02% of Wesbanco Bank Inc’s portfolio.Great West Life Assurance Co Can boosted its stake in TDY in the latest quarter, The investment management firm added 16,346 additional shares and now holds a total of 19,870 shares of Teledyne Technologies Incorporated which is valued at $2,075,819. Teledyne Technologies Incorporated makes up approx 0.01% of Great West Life Assurance Co Can’s portfolio.
Teledyne Technologies Incorporated closed down -0.52 points or -0.48% at $107.75 with 1,19,251 shares getting traded on Tuesday. Post opening the session at $108, the shares hit an intraday low of $107.23 and an intraday high of $108.67 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Teledyne Technologies Incorporated reported $1.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $1.24. The company had revenue of $534.90 million for the quarter, compared to analysts expectations of $546.57 million. The company’s revenue was down -6.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.34 EPS.
Many Wall Street Analysts have commented on Teledyne Technologies Incorporated. Teledyne Technologies Incorporated was Downgraded by CL King to ” Neutral” on Jul 6, 2016.
Teledyne Technologies Incorporated provides enabling technologies for industrial markets. The Company caters to markets which include deepwater oil and gas exploration and production oceanographic research air and water quality environmental monitoring electronics design and development factory automation and medical imaging. Its products include monitoring and control instrumentation for marine and environmental applications harsh environment interconnects electronic test and measurement equipment digital imaging sensors and cameras aircraft information management systems and defense electronic and satellite communication subsystems. It also supplies engineered systems for defense space environmental and energy applications. The Company operates under the following segments: Instrumentation Digital Imaging Aerospace and Defense Electronics and Engineered Systems.