Andra AP fonden Has $3.52 Million Position in Teledyne Technologies Incorporated $TDY

Key Points

• Andra AP fonden increased its Teledyne Technologies stake by 300% in the second quarter, acquiring 3,960 additional shares for a total holding of 5,280 shares valued at approximately $3.52 million.
• Teledyne reported quarterly EPS of $6.28, beating estimates of $5.79, while revenue rose 9.8% year over year to $1.66 billion. The company issued fiscal 2026 EPS guidance of $24.45–$24.65.
• Wall Street maintains a “Moderate Buy” consensus rating with an average price target of $723.33, although director Simon Lorne sold 6,449 shares at an average price of $680.34.

Andra AP fonden grew its stake in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 300.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,280 shares of the scientific and technical instruments company's stock after purchasing an additional 3,960 shares during the quarter. Andra AP fonden's holdings in Teledyne Technologies were worth $3,521,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of TDY. CX Institutional raised its holdings in shares of Teledyne Technologies by 2.8% during the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company's stock valued at $411,000 after acquiring an additional 17 shares during the period. CENTRAL TRUST Co boosted its stake in Teledyne Technologies by 24.3% in the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company's stock worth $56,000 after purchasing an additional 18 shares during the period. Assetmark Inc. boosted its stake in Teledyne Technologies by 10.5% in the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company's stock worth $115,000 after purchasing an additional 18 shares during the period. Parvin Asset Management LLC grew its position in Teledyne Technologies by 12.5% during the 1st quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company's stock worth $109,000 after purchasing an additional 20 shares in the last quarter. Finally, Studio Investment Management LLC grew its position in Teledyne Technologies by 5.5% during the 4th quarter. Studio Investment Management LLC now owns 419 shares of the scientific and technical instruments company's stock worth $214,000 after purchasing an additional 22 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company's stock.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $622.15 on Thursday. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The stock's 50-day moving average is $637.39 and its two-hundred day moving average is $633.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The firm has a market cap of $28.84 billion, a P/E ratio of 30.04, a PEG ratio of 2.67 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating the consensus estimate of $5.79 by $0.49. The business had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.20 EPS. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Analysts predict that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Citigroup increased their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a "neutral" rating in a report on Wednesday, July 1st. Needham & Company LLC lifted their price target on Teledyne Technologies from $750.00 to $760.00 and gave the company a "buy" rating in a report on Tuesday, September 15th. Barclays upped their price target on Teledyne Technologies from $614.00 to $640.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. Stifel Nicolaus raised their price objective on Teledyne Technologies from $750.00 to $775.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Finally, Zacks Research lowered Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $723.33.

Insider Buying and Selling

In other news, Director Simon Lorne sold 6,449 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the transaction, the director owned 55,783 shares in the company, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.36% of the stock is owned by corporate insiders.

About Teledyne Technologies

Teledyne Technologies Incorporated NYSE: TDY is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company's offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.

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