Keybank National Association OH Boosts Holdings in Teledyne Technologies Incorporated $TDY

Keybank National Association OH grew its stake in Teledyne Technologies Incorporated (NYSE:TDY) by 7.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,310 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,205 shares during the quarter. Keybank National Association OH’s holdings in Teledyne Technologies were worth $49,409,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Lecap Asset Management Ltd. purchased a new stake in Teledyne Technologies in the 2nd quarter valued at $808,000. Prudential Financial Inc. grew its holdings in shares of Teledyne Technologies by 9.5% in the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock valued at $13,981,000 after purchasing an additional 2,369 shares during the period. Synergy Asset Management LLC acquired a new stake in Teledyne Technologies during the third quarter worth about $25,153,000. State of Alaska Department of Revenue raised its stake in Teledyne Technologies by 52.1% during the third quarter. State of Alaska Department of Revenue now owns 8,016 shares of the scientific and technical instruments company’s stock worth $4,697,000 after purchasing an additional 2,746 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Teledyne Technologies by 84.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 22,522 shares of the scientific and technical instruments company’s stock valued at $13,199,000 after purchasing an additional 10,321 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TDY shares. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citigroup raised their target price on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Needham & Company LLC increased their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Barclays raised their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $627.88.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director directly owned 47,328 shares in the company, valued at $29,390,688. This represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Teledyne Technologies Stock Down 0.9%

NYSE:TDY opened at $619.75 on Friday. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $630.76. The stock’s fifty day moving average is $537.88 and its two-hundred day moving average is $543.34. The stock has a market capitalization of $29.10 billion, a price-to-earnings ratio of 32.77, a price-to-earnings-growth ratio of 2.67 and a beta of 1.03. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the business earned $5.52 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS 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.