National Pension Service Raises Stock Position in Teledyne Technologies Incorporated $TDY

National Pension Service increased its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,830 shares of the scientific and technical instruments company’s stock after buying an additional 6,598 shares during the period. National Pension Service owned about 0.18% of Teledyne Technologies worth $42,814,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TDY. Abich Financial Wealth Management LLC purchased a new stake in shares of Teledyne Technologies during the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Teledyne Technologies in the fourth quarter valued at approximately $28,000. Board of the Pension Protection Fund acquired a new stake in shares of Teledyne Technologies in the fourth quarter valued at approximately $41,000. Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the third quarter worth $43,000. Finally, AlphaQuest LLC lifted its holdings in shares of Teledyne Technologies by 7,700.0% during the third quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 77 shares during the period. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Up 0.1%

Shares of NYSE:TDY opened at $620.34 on Monday. The stock has a market capitalization of $28.74 billion, a P/E ratio of 31.38, a PEG ratio of 2.97 and a beta of 0.94. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The stock has a 50-day simple moving average of $630.36 and a 200-day simple moving average of $595.84. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.Teledyne Technologies’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.95 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Equities analysts forecast that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TDY shares. Morgan Stanley raised their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Stifel Nicolaus raised their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC boosted their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Barclays boosted their target price on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $693.71.

Teledyne Technologies Profile

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.