Teledyne Technologies Incorporated $TDY Shares Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lifted its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 17.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,689 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,010 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Teledyne Technologies were worth $4,047,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Teledyne Technologies in the 1st quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Teledyne Technologies in the 4th quarter worth about $28,000. DV Equities LLC acquired a new stake in shares of Teledyne Technologies in the fourth quarter valued at approximately $33,000. Banque Cantonale Vaudoise acquired a new position in shares of Teledyne Technologies in the third quarter worth $43,000. Finally, eCIO Inc. acquired a new position in shares of Teledyne Technologies in the fourth quarter worth $47,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Barclays increased their price objective on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $715.83.

Teledyne Technologies Stock Down 0.5%

NYSE:TDY opened at $652.29 on Tuesday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The company has a market capitalization of $30.22 billion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 3.06 and a beta of 0.92. The stock has a 50-day simple moving average of $628.53 and a 200 day simple moving average of $630.96.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.79 by $0.49. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the company posted $5.20 EPS. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Sell-side analysts predict that Teledyne Technologies Incorporated will post 24.71 EPS for the current fiscal year.

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.