Teledyne Technologies Incorporated (TDY) has been the subject of various market actions and decisions lately. There has been a decrease in stock holdings by TCW Group Inc. while Cwm LLC has added 54 shares. Hedge funds seem bullish and analysts are updating their estimates after the recent release of Q2 results. Brokerages have set PT at $474.57. Trading activity shows both purchases such as those by Sequoia Financial Advisors LLC and sales such as SG Americas Securities LLC's sale of 7,642 shares. Teledyne has reported record earnings and margins, despite missing Q1 estimates. Zacks Research analysts revise earning estimates downwards as various institutions like GAMMA Investing, Cetera Advisors increase their stake in TDY. Risks to shareholder returns appear elevated and it seems that TDY uses debt astutely. Elevated activity was also seen in terms of TDY's international revenue performance. TDY has completed the acquisition of Adimec and is downgraded to 'hold' by StockNews.com after a gap up in share prices post strong earnings.
Teledyne Technologies Incorporated TDY News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sun, 18 Aug 2024 16:34:42 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor -3
