OP Asset Management Ltd Makes New Investment in Teledyne Technologies Incorporated $TDY

OP Asset Management Ltd purchased a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,682 shares of the scientific and technical instruments company’s stock, valued at approximately $2,833,000.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on TDY. Citigroup upped their target price on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. 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 research report on Wednesday, March 4th. Barclays raised their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Stock Performance

NYSE TDY opened at $624.53 on Friday. The company has a market capitalization of $28.93 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 3.00 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The company has a 50-day simple moving average of $626.45 and a 200 day simple moving average of $611.42.

Teledyne Technologies (NYSE:TDY) last released its 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. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the firm earned $4.95 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. 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, research analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current 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.