OMERS ADMINISTRATION Corp Buys Shares of 7,771 Teledyne Technologies Incorporated $TDY

Key Points

• OMERS Administration Corp. acquired 7,771 Teledyne Technologies shares in the second quarter, valued at approximately $5.18 million. Institutional investors collectively own 91.58% of TDY’s outstanding stock.
• Teledyne reported quarterly EPS of $6.28, exceeding 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.
• Analysts maintain a Moderate Buy consensus rating with an average price target of $721.67, although Director Simon M. Lorne recently sold 6,449 shares for about $4.39 million.

OMERS ADMINISTRATION Corp acquired a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,771 shares of the scientific and technical instruments company's stock, valued at approximately $5,182,000.

A number of other institutional investors also recently bought and sold shares of the company. CX Institutional increased its position in shares of Teledyne Technologies by 2.8% in the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company's stock valued at $411,000 after buying an additional 17 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of 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 buying an additional 18 shares in the last quarter. Assetmark Inc. grew 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 valued at $115,000 after acquiring an additional 18 shares during the last quarter. Parvin Asset Management LLC grew its stake in Teledyne Technologies by 12.5% in the 1st quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company's stock valued at $109,000 after acquiring an additional 20 shares during the last quarter. Finally, Cresset Asset Management LLC increased its holdings in Teledyne Technologies by 2.5% during the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company's stock valued at $425,000 after acquiring an additional 20 shares in the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Teledyne Technologies

In related news, Director Simon M. Lorne sold 6,449 shares of the firm's stock in a transaction that occurred 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 sale, the director owned 55,783 shares in the company, valued at approximately $37,951,406.22. This trade represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.36% of the company's stock.

Teledyne Technologies Trading Down 1.7%

Shares of TDY stock opened at $625.50 on Tuesday. The company has a market capitalization of $29.00 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 2.77 and a beta of 0.92. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $647.70 and a 200 day moving average price of $641.61. Teledyne Technologies Incorporated has a twelve month low of $483.02 and a twelve month high of $697.67.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.79 by $0.49. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the company earned $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. Research analysts forecast that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TDY shares. Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Barclays increased their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. Jefferies Financial Group upgraded Teledyne Technologies to a "strong-buy" rating in a research report on Wednesday, June 10th. Finally, Stifel Nicolaus upped their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $721.67.

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.

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