Teledyne Technologies Incorporated (TDY) is set for its Q4 2024 earnings call on January 22, 2025. Its fourth quarter and full year 2024 earnings webcast details have recently been announced, sparking speculation on Wall Street. TDY shares have recently been bought by Covea Finance and West Oak Capital LLC, with Covea Finance currently having a $9.93 Million stake. Oak Thistle LLC also added to their position. TDY however, has been underperforming compared to competitors on several occassions, but has also outperformed them on strong trading days. TDY has been significantly active, securing a contract to upgrade surveillance systems and another to modernize U.S. Coast Guard Surveillance systems, both implying strategic growth initiatives. Mergers and acquisitions have been pivotal in TDY's activities, having recently completed the acquisition of Micropac Industries for $57.3M, significantly expanding its defense electronics portfolio. The purchase of select aerospace and defense electronics businesses of Excelitas for $710M is also notable. Current consensus forecasts are optimistic following consistent beating of analyst estimates. Insider sale activity presents a mixed view with some executives and directors selling shares.
Teledyne Technologies Incorporated TDY News Analytics from Wed, 25 Jan 2023 08:00:00 GMT to Fri, 17 Jan 2025 22:46:34 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -3
