Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stock Position in Teledyne Technologies Incorporated $TDY

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 52.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,463 shares of the scientific and technical instruments company’s stock after purchasing an additional 14,210 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned approximately 0.09% of Teledyne Technologies worth $25,086,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TDY. Thurston Springer Miller Herd & Titak Inc. bought a new position in Teledyne Technologies during the fourth quarter valued at about $28,000. DV Equities LLC bought a new stake in Teledyne Technologies in the fourth quarter worth about $33,000. Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies in the third quarter worth about $43,000. Board of the Pension Protection Fund purchased a new position in Teledyne Technologies in the fourth quarter valued at about $41,000. Finally, eCIO Inc. purchased a new position in Teledyne Technologies in the fourth quarter valued at about $47,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Price Performance

TDY opened at $652.53 on Friday. The company has a market capitalization of $30.23 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 3.13 and a beta of 0.92. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $627.69 and a 200-day moving average price of $616.26. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.32. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.95 earnings per share. 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 expect that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TDY. Citigroup raised their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday. Barclays upped their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Stifel Nicolaus boosted their target price on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $694.14.

About Teledyne Technologies

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.