Envestnet Asset Management Inc. has reduced its stake in Teledyne Technologies Incorporated by 4.8% to 156,271 shares, now valued at $91.58 million. Despite this reduction, institutional investors collectively own approximately 91.58% of the company’s stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $627.88, with some raising their targets to as high as $720. Teledyne recently surpassed quarterly earnings and revenue estimates and provided strong FY2026 guidance, with shares trading near a 12-month high.
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Envestnet Asset Management Inc. Has $91.58 Million Stake in Teledyne Technologies Incorporated $TDY
Envestnet Asset Management Inc. has reduced its stake in Teledyne Technologies Incorporated by 4.8% to 156,271 shares, now valued at $91.58 million. Despite this reduction, institutional investors collectively own approximately 91.58% of the company’s stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $627.88, with some raising their targets to as high as $720. Teledyne recently surpassed quarterly earnings and revenue estimates and provided strong FY2026 guidance, with shares trading near a 12-month high.