Pacer Advisors Inc. Buys 1,224 Shares of Teledyne Technologies Incorporated $TDY

Pacer Advisors Inc. grew its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 27.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,639 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,224 shares during the period. Pacer Advisors Inc.’s holdings in Teledyne Technologies were worth $2,880,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TDY. Vanguard Group Inc. boosted its stake in Teledyne Technologies by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock worth $3,053,038,000 after purchasing an additional 66,984 shares in the last quarter. State Street Corp increased its stake in Teledyne Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock valued at $1,291,957,000 after purchasing an additional 61,135 shares in the last quarter. Janus Henderson Group PLC increased its stake in Teledyne Technologies by 0.6% during the 4th quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock valued at $864,811,000 after purchasing an additional 9,824 shares in the last quarter. Dodge & Cox raised its holdings in Teledyne Technologies by 0.3% in the fourth quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock worth $860,754,000 after buying an additional 4,378 shares during the last quarter. Finally, FIL Ltd raised its holdings in Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock worth $698,238,000 after buying an additional 274,976 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analyst Ratings Changes

TDY has been the topic of a number of recent analyst reports. Stifel Nicolaus increased their price target 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. Citigroup boosted their price objective 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. Needham & Company LLC upped their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Morgan Stanley increased their target price on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Barclays lifted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. One investment 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $693.71.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $614.49 on Wednesday. The firm has a 50 day moving average of $627.96 and a 200 day moving average of $609.94. 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 firm has a market capitalization of $28.47 billion, a price-to-earnings ratio of 31.08, a price-to-earnings-growth ratio of 2.96 and a beta of 0.94. Teledyne Technologies Incorporated has a 12-month low of $483.02 and a 12-month high of $693.38.

Teledyne Technologies (NYSE:TDY) last announced its 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 business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. 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, research analysts anticipate that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current 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.