Twin Capital Management Inc. Invests $1 Million in Teledyne Technologies Incorporated $TDY

Twin Capital Management Inc. bought a new stake in Teledyne Technologies Incorporated (NYSE:TDY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,660 shares of the scientific and technical instruments company’s stock, valued at approximately $1,004,000.

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

Wall Street Analyst Weigh In

TDY has been the subject of several research reports. Citigroup increased 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. Barclays boosted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC raised their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, Stifel Nicolaus lifted their target price 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. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $694.14.

Teledyne Technologies Trading Up 1.1%

NYSE TDY opened at $630.76 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 current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average price is $626.11 and its 200-day moving average price is $624.74. The stock has a market cap of $29.22 billion, a P/E ratio of 31.90, a P/E/G ratio of 2.98 and a beta of 0.92.

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 (EPS) for the quarter, topping the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.Teledyne Technologies’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous 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. As a group, equities analysts forecast that Teledyne Technologies Incorporated will post 24.1 EPS for the current fiscal year.

Teledyne Technologies 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.