National Pension Service Lowers Stock Holdings in Teledyne Technologies Incorporated $TDY

National Pension Service reduced its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 6.2% during the second quarter, Holdings Channel.com reports. The fund owned 81,919 shares of the scientific and technical instruments company’s stock after selling 5,432 shares during the quarter. National Pension Service’s holdings in Teledyne Technologies were worth $54,632,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Trust Co. of Vermont purchased a new stake in shares of Teledyne Technologies in the second quarter valued at approximately $28,000. Allied Private Wealth LLC bought a new stake in Teledyne Technologies during the 2nd quarter valued at $28,000. Meeder Asset Management Inc. bought a new stake in Teledyne Technologies during the 1st quarter valued at $27,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Teledyne Technologies in the 2nd quarter worth $33,000. Finally, C M Bidwell & Associates Ltd. bought a new position in shares of Teledyne Technologies during the 2nd quarter worth $35,000. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Price Performance

TDY opened at $604.44 on Friday. The business’s 50-day moving average is $641.97 and its two-hundred day moving average is $637.62. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The firm has a market capitalization of $28.02 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 2.63 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the firm posted $5.20 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Research analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDY has been the topic of several research reports. Needham & Company LLC raised their price target on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Stifel Nicolaus raised their target price on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays boosted their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Buying and Selling

In related news, Director Simon Lorne sold 6,449 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the sale, the director owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.36% of the stock is owned by insiders.

More Teledyne Technologies News

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Higher guidance supports the outlook. Teledyne raised its earnings guidance as demand accelerates across its defense, space, and industrial businesses. The update reinforces expectations for continued growth and provides a fundamental reason for the stock’s recent strength. Teledyne Technologies raises guidance as defense, space and industrial demand accelerate
• Positive Sentiment: Teledyne won a $15.4 million European drone contract. Subsidiary Teledyne Energetics UK will supply specialist energetics products to a Europe-based defense technology manufacturer for advanced unmanned systems. The award strengthens Teledyne’s position in the expanding European drone and defense-supply market, although the contract is modest relative to the company’s overall revenue. Teledyne secures $15.4 million contract to support European drone dominance
• Positive Sentiment: Technical and analyst signals point to a possible reversal. Zacks said TDY has entered oversold territory after its recent decline, suggesting selling pressure may be easing. The report also cited broad analyst support for higher earnings estimates, which could attract buyers if fundamentals continue to improve. Teledyne may be positioned for a trend reversal
• Neutral Sentiment: Management presented at the Jefferies Global Industrials Conference. The presentation gives investors additional insight into Teledyne’s operations and markets, but the available report does not identify a specific new catalyst or change in forecasts. Teledyne Technologies Jefferies Global Industrials Conference transcript

About Teledyne Technologies

Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company’s offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.