IFM Investors Pty Ltd Purchases Shares of 9,209 Teledyne Technologies Incorporated $TDY

IFM Investors Pty Ltd purchased a new position in Teledyne Technologies Incorporated (NYSE:TDY) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,209 shares of the scientific and technical instruments company’s stock, valued at approximately $5,572,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TDY. Harbor Investment Advisory LLC raised its position in shares of Teledyne Technologies by 2.2% during the first quarter. Harbor Investment Advisory LLC now owns 1,553 shares of the scientific and technical instruments company’s stock valued at $940,000 after buying an additional 34 shares during the last quarter. Braun Stacey Associates Inc. acquired a new stake in Teledyne Technologies during the first quarter worth about $16,597,000. Maridea Wealth Management LLC bought a new position in Teledyne Technologies during the first quarter valued at about $1,503,000. OLD National Bancorp IN bought a new position in Teledyne Technologies during the first quarter valued at about $254,000. Finally, Louisiana State Employees Retirement System acquired a new position in Teledyne Technologies in the 1st quarter valued at approximately $1,452,000. Institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Needham & Company LLC lifted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Citigroup increased their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $694.14.

Teledyne Technologies Trading Up 0.1%

Shares of NYSE TDY opened at $652.53 on Friday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The firm has a market capitalization of $30.23 billion, a P/E ratio of 33.01, a P/E/G ratio of 3.13 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The company’s 50 day simple moving average is $627.69 and its 200 day simple moving average is $616.26.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS 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 analyst estimates of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous 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. On average, analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current year.

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.