Whittier Trust Co. Grows Stock Holdings in Teledyne Technologies Incorporated $TDY

Whittier Trust Co. increased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 9.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 38,441 shares of the scientific and technical instruments company’s stock after buying an additional 3,179 shares during the period. Whittier Trust Co.’s holdings in Teledyne Technologies were worth $24,295,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teledyne Technologies in the fourth quarter valued at about $28,000. DV Equities LLC purchased a new stake in shares of Teledyne Technologies during the fourth quarter worth about $33,000. Board of the Pension Protection Fund purchased a new stake in shares of Teledyne Technologies during the fourth quarter worth about $41,000. Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies during the 3rd quarter valued at approximately $43,000. Finally, eCIO Inc. bought a new stake in Teledyne Technologies during the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Price Performance

NYSE:TDY opened at $652.53 on Monday. 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 company has a market capitalization of $30.23 billion, a P/E ratio of 33.01, a P/E/G ratio of 3.13 and a beta of 0.92. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. The business’s 50-day moving average is $627.69 and its 200 day moving average is $616.98.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The company 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%.The firm’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $4.95 earnings per share. 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, equities research analysts forecast that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on TDY. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Citigroup lifted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Needham & Company LLC boosted their target price 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. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Barclays raised their target price 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. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $694.14.

About Teledyne Technologies

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.