Walter Public Investments Inc. Acquires 2,429 Shares of Teledyne Technologies Incorporated $TDY

Walter Public Investments Inc. raised its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 6.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,549 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,429 shares during the period. Teledyne Technologies comprises about 3.4% of Walter Public Investments Inc.’s holdings, making the stock its 13th largest holding. Walter Public Investments Inc.’s holdings in Teledyne Technologies were worth $19,177,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in Teledyne Technologies in the fourth quarter worth $428,664,000. Eurizon Capital SGR S.p.A. acquired a new stake in Teledyne Technologies in the fourth quarter worth $16,134,000. National Pension Service raised its holdings in Teledyne Technologies by 8.5% in the fourth quarter. National Pension Service now owns 83,830 shares of the scientific and technical instruments company’s stock worth $42,814,000 after purchasing an additional 6,598 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Teledyne Technologies in the fourth quarter worth $613,000. Finally, Geode Capital Management LLC raised its holdings in Teledyne Technologies by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,274,274 shares of the scientific and technical instruments company’s stock worth $649,524,000 after purchasing an additional 13,647 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Trading Down 2.2%

Shares of NYSE:TDY opened at $620.34 on Friday. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $630.36 and its 200 day simple moving average is $595.31. The firm has a market cap of $28.74 billion, a price-to-earnings ratio of 31.38, a PEG ratio of 2.97 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 (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the business 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. As a group, research analysts forecast that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TDY. Citigroup increased their target price on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Barclays increased their target price on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Stifel Nicolaus increased their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Needham & Company LLC raised their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Five 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, the company currently has an average 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.