Oregon Public Employees Retirement Fund Has $3.15 Million Position in Teledyne Technologies Incorporated $TDY

Oregon Public Employees Retirement Fund boosted its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 33.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,366 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,357 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Teledyne Technologies were worth $3,145,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. State of Alaska Department of Revenue raised its holdings in shares of Teledyne Technologies by 52.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 8,016 shares of the scientific and technical instruments company’s stock valued at $4,697,000 after purchasing an additional 2,746 shares in the last quarter. Benjamin Edwards Inc. increased its position in Teledyne Technologies by 22.0% during the third quarter. Benjamin Edwards Inc. now owns 1,182 shares of the scientific and technical instruments company’s stock worth $693,000 after buying an additional 213 shares during the last quarter. HB Wealth Management LLC raised its holdings in Teledyne Technologies by 9.7% during the third quarter. HB Wealth Management LLC now owns 817 shares of the scientific and technical instruments company’s stock valued at $479,000 after buying an additional 72 shares in the last quarter. Park Avenue Securities LLC lifted its position in shares of Teledyne Technologies by 1.9% in the third quarter. Park Avenue Securities LLC now owns 2,168 shares of the scientific and technical instruments company’s stock worth $1,271,000 after buying an additional 41 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of Teledyne Technologies by 3.2% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after acquiring an additional 20 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TDY has been the topic of a number of recent analyst reports. Needham & Company LLC raised their price objective on Teledyne Technologies from $585.00 to $615.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup started coverage on shares of Teledyne Technologies in a research note on Friday, December 12th. They issued a “neutral” rating and a $567.00 price objective for the company. Barclays lowered their target price on shares of Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. Finally, Weiss Ratings reissued 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 given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $601.38.

Teledyne Technologies Trading Down 0.1%

Shares of TDY stock opened at $548.59 on Monday. The firm has a market capitalization of $25.76 billion, a P/E ratio of 31.77, a price-to-earnings-growth ratio of 2.34 and a beta of 1.03. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $595.99. The firm’s fifty day simple moving average is $511.64 and its 200 day simple moving average is $535.65. The company has a current ratio of 1.79, a quick ratio of 1.20 and a debt-to-equity ratio of 0.20.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.47 by $0.10. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Teledyne Technologies had a net margin of 13.62% and a return on equity of 9.95%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the business posted $5.10 EPS. Teledyne Technologies has set its FY 2025 guidance at 21.450-21.600 EPS and its Q4 2025 guidance at 5.730-5.880 EPS. As a group, sell-side analysts predict that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

About Teledyne Technologies

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.