Teledyne Technologies Incorporated $TDY Shares Bought by DNB Asset Management AS

DNB Asset Management AS boosted its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 46.4% in the 3rd quarter, Holdings Channel reports. The firm owned 20,035 shares of the scientific and technical instruments company’s stock after buying an additional 6,352 shares during the period. DNB Asset Management AS’s holdings in Teledyne Technologies were worth $11,741,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. West Family Investments Inc. lifted its position in shares of Teledyne Technologies by 9.9% during the 3rd quarter. West Family Investments Inc. now owns 763 shares of the scientific and technical instruments company’s stock valued at $447,000 after acquiring an additional 69 shares during the last quarter. Westpac Banking Corp acquired a new stake in shares of Teledyne Technologies during the third quarter worth $3,203,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Teledyne Technologies by 6.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 103,113 shares of the scientific and technical instruments company’s stock valued at $60,428,000 after purchasing an additional 6,078 shares during the period. Sumitomo Life Insurance Co. increased its stake in Teledyne Technologies by 49.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 3,391 shares of the scientific and technical instruments company’s stock worth $1,987,000 after purchasing an additional 1,116 shares in the last quarter. Finally, Intech Investment Management LLC raised its holdings in Teledyne Technologies by 276.3% during the 3rd quarter. Intech Investment Management LLC now owns 7,820 shares of the scientific and technical instruments company’s stock worth $4,583,000 after buying an additional 5,742 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the transaction, the insider directly owned 51,025 shares in the company, valued at $32,192,693. The trade was a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 in the last 90 days. 1.50% of the stock is owned by insiders.

Teledyne Technologies Trading Up 0.3%

NYSE TDY opened at $680.54 on Friday. Teledyne Technologies Incorporated has a 1-year low of $419.00 and a 1-year high of $691.87. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $31.52 billion, a PE ratio of 35.99, a price-to-earnings-growth ratio of 3.38 and a beta of 1.01. The firm’s fifty day simple moving average is $598.02 and its 200-day simple moving average is $558.19.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the business earned $5.52 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TDY. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley began coverage on shares of Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price objective for the company. Citigroup boosted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Barclays increased their target price on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $643.67.

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.