California Public Employees Retirement System Has $50.31 Million Stock Position in Teledyne Technologies Incorporated $TDY

California Public Employees Retirement System boosted its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,155 shares of the scientific and technical instruments company’s stock after purchasing an additional 908 shares during the quarter. California Public Employees Retirement System owned about 0.18% of Teledyne Technologies worth $50,310,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TDY. Assetmark Inc. lifted its position in shares of Teledyne Technologies by 10.5% during the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock valued at $115,000 after acquiring an additional 18 shares during the period. SteelPeak Wealth LLC grew its holdings in Teledyne Technologies by 110.5% in the first quarter. SteelPeak Wealth LLC now owns 1,871 shares of the scientific and technical instruments company’s stock worth $1,132,000 after purchasing an additional 982 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Teledyne Technologies by 1.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 252,967 shares of the scientific and technical instruments company’s stock worth $156,326,000 after purchasing an additional 2,611 shares during the period. Wealthfront Advisers LLC increased its stake in Teledyne Technologies by 3.9% in the first quarter. Wealthfront Advisers LLC now owns 5,352 shares of the scientific and technical instruments company’s stock valued at $3,238,000 after purchasing an additional 199 shares in the last quarter. Finally, Twin Capital Management Inc. acquired a new position in shares of Teledyne Technologies during the first quarter valued at about $1,004,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Price Performance

Shares of NYSE TDY opened at $627.21 on Tuesday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The stock has a market cap of $29.06 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 3.04 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. The firm’s 50-day simple moving average is $626.31 and its 200 day simple moving average is $626.35.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping 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 firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company posted $4.95 EPS. The company’s revenue for the quarter 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, research analysts anticipate that Teledyne Technologies Incorporated will post 24.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDY has been the subject of several research reports. Citigroup raised their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Stifel Nicolaus upped their price target on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Barclays increased their price target on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Finally, Needham & Company LLC boosted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $694.14.

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.