United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys New Stake in Teledyne Technologies Incorporated $TDY

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,200 shares of the scientific and technical instruments company’s stock, valued at approximately $613,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Teledyne Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after purchasing an additional 69,284 shares during the last quarter. Covea Finance boosted its holdings in shares of Teledyne Technologies by 7.5% in the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock valued at $26,473,000 after buying an additional 3,600 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Teledyne Technologies by 105.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after buying an additional 5,825 shares during the period. Allianz Asset Management GmbH boosted its holdings in shares of Teledyne Technologies by 843.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock valued at $13,480,000 after buying an additional 20,562 shares during the period. Finally, Mariner LLC boosted its holdings in shares of Teledyne Technologies by 7,237.2% in the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after buying an additional 305,337 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Price Performance

NYSE TDY opened at $620.34 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $693.38. The company has a fifty day simple moving average of $630.36 and a 200 day simple moving average of $595.31. The company has a market cap of $28.74 billion, a P/E ratio of 31.38, a P/E/G ratio of 3.03 and a beta of 0.97.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $4.95 EPS. 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. On average, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.07 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Needham & Company LLC increased their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Stifel Nicolaus increased their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Jefferies Financial Group boosted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.71.

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.