From MarketBeat:

Orion Portfolio Solutions LLC increased their position in Teledyne Technologies by over 750% in the third quarter according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,103 shares of the scientific and technical instruments company’s stock worth $2,085,000 at the end of the quarter.

Teledyne Technologies stock opened at $441.98 on Wednesday with a fifty day simple moving average of $421.82. The company has a market cap of $20.86 billion and a price-to-earnings ratio of 26.80. The company last reported quarterly earnings of $5.05 per share, beating analysts’ consensus estimates.

Several equities analysts have weighed in on the stock, with Needham & Company LLC giving the stock a “buy” rating and a price target of $522.00. Insiders have also been active, with two VP’s recently selling a total of 9,089 shares with a value over $3.7 million. Teledyne Technologies Incorporated is an industrial growth technology company, both in the US and internationally.



Read more: Orion Portfolio Solutions LLC Grows Holdings in Teledyne Technologies Incorporated (NYSE:TDY)