Whittier Trust Co. of Nevada Inc. Has $11.35 Million Holdings in Teledyne Technologies Incorporated $TDY

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 9.2% in the 1st quarter, Holdings Channel reports. The fund owned 17,954 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,516 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Teledyne Technologies were worth $11,347,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at about $28,000. DV Equities LLC acquired a new position in shares of Teledyne Technologies during the fourth quarter worth about $33,000. Banque Cantonale Vaudoise acquired a new position in shares of Teledyne Technologies during the third quarter worth about $43,000. Board of the Pension Protection Fund bought a new position in shares of Teledyne Technologies during the fourth quarter worth about $41,000. Finally, eCIO Inc. bought a new position in shares of Teledyne Technologies during the fourth quarter worth about $47,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TDY has been the topic of a number of recent research reports. Stifel Nicolaus lifted their target price on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Citigroup raised their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Needham & Company LLC boosted 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $694.14.

Teledyne Technologies Stock Performance

TDY opened at $652.53 on Monday. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The firm has a market capitalization of $30.23 billion, a PE ratio of 33.01, a PEG 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. The business’s 50-day simple moving average is $627.69 and its 200 day simple moving average is $616.98.

Teledyne Technologies (NYSE:TDY) last posted 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 return on equity of 10.24% and a net margin of 14.99%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $4.95 earnings per share. 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, sell-side analysts expect that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

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.