State of New Jersey Common Pension Fund D Grows Stock Holdings in Teledyne Technologies Incorporated $TDY

State of New Jersey Common Pension Fund D boosted its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 5.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,820 shares of the scientific and technical instruments company’s stock after buying an additional 797 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Teledyne Technologies were worth $9,271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Dodge & Cox acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth about $767,307,000. Norges Bank purchased a new stake in Teledyne Technologies during the second quarter worth approximately $317,986,000. Public Sector Pension Investment Board lifted its stake in Teledyne Technologies by 4,520.4% during the third quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock worth $120,982,000 after purchasing an additional 201,972 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in Teledyne Technologies in the third quarter valued at approximately $108,576,000. Finally, Vanguard Group Inc. increased its stake in Teledyne Technologies by 2.2% in the second quarter. Vanguard Group Inc. now owns 5,841,524 shares of the scientific and technical instruments company’s stock valued at $2,992,671,000 after purchasing an additional 123,229 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Stock Performance

NYSE TDY opened at $649.27 on Wednesday. The firm has a market cap of $30.48 billion, a P/E ratio of 34.33, a P/E/G ratio of 3.27 and a beta of 1.01. Teledyne Technologies Incorporated has a 52-week low of $419.00 and a 52-week high of $674.63. The business’s 50-day moving average price is $572.08 and its 200 day moving average price is $551.23. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. On average, equities research analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the transaction, the insider owned 51,025 shares in the company, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,500 shares of company stock worth $7,214,750 over the last three months. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Needham & Company LLC upped their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Morgan Stanley initiated coverage on shares of Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price objective for the company. Stifel Nicolaus lifted their target price on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Barclays boosted their target price on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $627.88.

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.