Illinois Municipal Retirement Fund Has $8.62 Million Stock Holdings in Teledyne Technologies Incorporated $TDY

Illinois Municipal Retirement Fund decreased its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 20.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,245 shares of the scientific and technical instruments company’s stock after selling 3,754 shares during the period. Illinois Municipal Retirement Fund’s holdings in Teledyne Technologies were worth $8,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Teledyne Technologies in the fourth quarter valued at about $28,000. DV Equities LLC acquired a new position in shares of Teledyne Technologies in the fourth quarter valued at about $33,000. Board of the Pension Protection Fund bought a new position in Teledyne Technologies during the fourth quarter worth about $41,000. Banque Cantonale Vaudoise bought a new position in Teledyne Technologies during the third quarter worth about $43,000. Finally, eCIO Inc. acquired a new stake in Teledyne Technologies in the 4th quarter worth about $47,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TDY shares. Barclays boosted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Finally, Needham & Company LLC increased their price target on Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $694.14.

Teledyne Technologies Stock Up 1.1%

TDY stock opened at $630.76 on Friday. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38. The business has a 50-day simple moving average of $626.11 and a 200 day simple moving average of $624.74. 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 has a market cap of $29.22 billion, a PE ratio of 31.90, a price-to-earnings-growth ratio of 2.98 and a beta of 0.92.

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 (EPS) for the quarter, topping 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 firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the company posted $4.95 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts anticipate 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.