Caisse de depot et placement du Quebec Purchases Shares of 77,975 Teledyne Technologies Incorporated $TDY

Caisse de depot et placement du Quebec acquired a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 77,975 shares of the scientific and technical instruments company’s stock, valued at approximately $52,002,000.

Several other institutional investors also recently modified their holdings of TDY. CX Institutional grew its holdings in Teledyne Technologies by 2.8% during the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock worth $411,000 after purchasing an additional 17 shares during the period. CENTRAL TRUST Co raised its stake in Teledyne Technologies by 24.3% in the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 18 shares during the period. Assetmark Inc. lifted its position in shares of Teledyne Technologies by 10.5% in the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock valued at $115,000 after buying an additional 18 shares during the last quarter. Parvin Asset Management LLC lifted its position in shares of Teledyne Technologies by 12.5% in the first quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company’s stock valued at $109,000 after buying an additional 20 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in shares of Teledyne Technologies by 2.5% during the 2nd 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 during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Simon M. Lorne sold 6,449 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the sale, the director directly owned 55,783 shares in the company, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.36% of the stock is owned by insiders.

Teledyne Technologies Trading Down 1.1%

Shares of Teledyne Technologies stock opened at $626.81 on Friday. 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 firm has a 50-day moving average of $648.14 and a 200-day moving average of $641.48. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $697.67. The stock has a market cap of $29.06 billion, a PE ratio of 30.27, a PEG ratio of 2.76 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the company earned $5.20 EPS. The business’s revenue was up 9.8% on a year-over-year basis. 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. As a group, sell-side analysts forecast that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

Wall Street Analyst Weigh In

TDY has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Barclays raised their target price on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Morgan Stanley increased their price target on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

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.