Teledyne Technologies Incorporated $TDY Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 5.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,820 shares of the scientific and technical instruments company’s stock after acquiring 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 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in TDY. SBI Securities Co. Ltd. lifted its stake in shares of Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Teledyne Technologies during the 3rd quarter valued at approximately $26,000. Rexford Capital Inc. acquired a new stake in shares of Teledyne Technologies during the 2nd quarter valued at approximately $29,000. First Horizon Advisors Inc. boosted its stake in shares of Teledyne Technologies by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock worth $40,000 after acquiring an additional 27 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Teledyne Technologies by 193.1% in the 2nd quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock worth $44,000 after acquiring an additional 56 shares during the period. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 51,025 shares of the company’s stock, valued at $32,192,693. This trade represents a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,500 shares of company stock worth $7,214,750 over the last quarter. 1.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TDY has been the subject of several research reports. Morgan Stanley started coverage on Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective for the company. Stifel Nicolaus raised their price target on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Citigroup boosted their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Needham & Company LLC increased their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Down 1.7%

Shares of 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 price-to-earnings-growth ratio of 3.27 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $674.63. The firm’s 50 day moving average price is $572.08 and its 200 day moving average price is $551.23.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results 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. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the company posted $5.52 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current 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.