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Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies to sense, transmit, and analyze information for industrial growth markets. With a market cap of $22.3 billion, it serves various industries and sectors including aerospace and defense, factory automation, air and water quality environmental monitoring, energy, healthcare, and more.
Teledyne Technologies has underperformed the broader market over the past year. TDY stock is up 7.3% on a YTD basis and 19.9% over the past year, lagging behind the S&P 500 Index’s ($SPX) 26.2% gains in 2024 and 32.1% returns over the past year.