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Institutional investor buys Teledyne shares; HSBC increases stake after earnings beat

Teledyne Technologies logoTeledyne Technologies
Sig1.85Sen+3.05Env0.00Soc0.00Gov0.00
Man Group logoMan Group
Sig1.25Sen+1.00Env0.00Soc0.00Gov0.00

An institutional investor bought 10,188 shares of Teledyne Technologies for about $6.79 million. HSBC Holdings PLC increased its stake to 249,294 shares worth about $166.29 million after purchasing 16,391 additional shares. The company also reported quarterly EPS of $6.28, topping the $5.79 consensus, while analysts raised price targets and kept positive ratings.

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