Teledyne Technologies Incorporated $TDY Shares Acquired by CIBC Asset Management Inc

CIBC Asset Management Inc boosted its position in Teledyne Technologies Incorporated (NYSE:TDY) by 66.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,073 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,403 shares during the quarter. CIBC Asset Management Inc’s holdings in Teledyne Technologies were worth $5,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies in the 3rd quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teledyne Technologies in the 4th quarter valued at about $28,000. Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies in the 3rd quarter valued at about $43,000. AlphaQuest LLC raised its stake in Teledyne Technologies by 7,700.0% in the 3rd quarter. AlphaQuest LLC now owns 78 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 77 shares during the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in Teledyne Technologies in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Down 2.6%

TDY opened at $602.48 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. The stock has a market capitalization of $27.91 billion, a price-to-earnings ratio of 30.47, a price-to-earnings-growth ratio of 2.88 and a beta of 0.94. The business has a 50-day moving average of $629.17 and a two-hundred day moving average of $598.87. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.48 by $0.32. The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business 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. On average, research analysts expect that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TDY shares. Morgan Stanley boosted their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays boosted 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. Finally, Jefferies Financial Group boosted their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $693.71.

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.