North Dakota State Investment Board Takes $814,000 Position in Teledyne Technologies Incorporated $TDY

North Dakota State Investment Board acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,594 shares of the scientific and technical instruments company’s stock, valued at approximately $814,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Teledyne Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after acquiring an additional 69,284 shares during the last quarter. Covea Finance lifted its holdings in Teledyne Technologies by 7.5% during the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after buying an additional 3,600 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Teledyne Technologies by 105.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after buying an additional 5,825 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in Teledyne Technologies by 843.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after buying an additional 20,562 shares in the last quarter. Finally, Mariner LLC lifted its holdings in Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after buying an additional 305,337 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. 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. Jefferies Financial Group increased their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. 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. Morgan Stanley increased their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Finally, 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. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $693.71.

Teledyne Technologies Price Performance

Shares of TDY opened at $613.59 on Thursday. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $693.38. The firm’s fifty day simple moving average is $633.82 and its 200-day simple moving average is $590.64. The firm has a market capitalization of $28.43 billion, a price-to-earnings ratio of 31.04, a PEG ratio of 2.90 and a beta of 0.97. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data 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 business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period last year, the business earned $4.95 EPS. The company’s revenue was up 7.6% on a year-over-year basis. 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. Equities analysts forecast that Teledyne Technologies Incorporated will post 24.07 EPS 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.