Teledyne Technologies Incorporated (TDY) has seen a series of varied asset movements with
Nomura Asset Management and
Hsbc Holdings increasing their stakes while
US Bancorp DE and
Intech Investment Management cut theirs. A noteworthy 6.4% rise occurred after last earnings, hinting at solid performance. However, the first quarter of 2024 highlights an earnings miss on revenue. Despite these figures, investing in TDY five years ago would have delivered an 85% gain, with a stellar 275% return in the last five years. Recent insider trading, such as Director
Charles Crocker selling 4,000 shares, and Vice Chairman
Jason Vanwees selling 3,700 shares, show mixed sentiments. The company's shares also observed a 9% drop recently. Despite these fluctuations, TDY's reports show a record earnings and expected Q3 earnings per share of $5.17. The company has been investing in technological advancements, as shown by the unveiling of Kobra 725, a new modular robot system. The company has recently announced its acquisition of Valeport and Adimec. Overall, varied responses from analysts suggest current prices of TDY might elevate risks to shareholder returns.
Teledyne Technologies Incorporated TDY News Analytics from Wed, 22 Jan 2020 08:00:00 GMT to Thu, 30 May 2024 15:13:15 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 3
