Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stake in Teledyne Technologies Incorporated $TDY

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 52.1% in the 1st quarter, Holdings Channel reports. The firm owned 41,463 shares of the scientific and technical instruments company’s stock after acquiring an additional 14,210 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Teledyne Technologies were worth $25,086,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new position in Teledyne Technologies in the 4th quarter valued at $428,664,000. Mariner LLC increased its holdings in shares of Teledyne Technologies by 7,237.2% in the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after purchasing an additional 305,337 shares during the period. FIL Ltd raised its position in shares of Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock worth $698,238,000 after buying an additional 274,976 shares in the last quarter. Dodge & Cox raised its position in shares of Teledyne Technologies by 12.2% in the third quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock worth $985,111,000 after buying an additional 183,222 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Teledyne Technologies by 25.7% during the third quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company’s stock valued at $448,265,000 after buying an additional 156,559 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on TDY shares. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Stifel Nicolaus raised their price target on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Barclays lifted their price target on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Citigroup boosted their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Needham & Company LLC upped their price objective 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 analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $694.14.

Teledyne Technologies Stock Performance

NYSE TDY opened at $652.53 on Friday. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The company has a fifty day moving average of $627.69 and a 200-day moving average of $616.26. The company 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 quick ratio of 1.16 and a current ratio of 1.76.

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, beating analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm earned $4.95 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. 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. As a group, equities research analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

Teledyne Technologies 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.