Fullerton Fund Management Co Ltd. Invests $519,000 in Teledyne Technologies Incorporated $TDY

Fullerton Fund Management Co Ltd. acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,017 shares of the scientific and technical instruments company’s stock, valued at approximately $519,000.

Several other hedge funds also recently made changes to their positions in TDY. Jones Financial Companies Lllp grew its stake in shares of Teledyne Technologies by 874.5% in the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 1,749 shares during the last quarter. Empowered Funds LLC increased its position in shares of Teledyne Technologies by 78.6% in the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock worth $772,000 after acquiring an additional 683 shares in the last quarter. Focus Partners Wealth increased its position in shares of Teledyne Technologies by 48.4% in the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after acquiring an additional 272 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Teledyne Technologies in the second quarter worth approximately $5,590,000. Finally, Cresset Asset Management LLC increased its position in shares of Teledyne Technologies by 2.5% in the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

TDY stock opened at $629.71 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. The stock has a market cap of $29.17 billion, a P/E ratio of 31.85, a P/E/G ratio of 3.02 and a beta of 0.94. The firm has a 50 day simple moving average of $630.77 and a 200 day simple moving average of $605.72. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating 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 net margin of 14.99% and a return on equity of 10.24%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Research analysts anticipate that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Company 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.