Teledyne Technologies Incorporated $TDY Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 6.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,113 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,078 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Teledyne Technologies were worth $60,428,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in TDY. Dodge & Cox bought a new position in shares of Teledyne Technologies in the second quarter valued at $767,307,000. Norges Bank acquired a new position in shares of Teledyne Technologies in the 2nd quarter worth $317,986,000. Public Sector Pension Investment Board raised its position in shares of Teledyne Technologies by 4,520.4% during the third quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company’s stock worth $120,982,000 after purchasing an additional 201,972 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Teledyne Technologies during the third quarter valued at $108,576,000. Finally, Vanguard Group Inc. boosted its position in shares of Teledyne Technologies by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 5,841,524 shares of the scientific and technical instruments company’s stock valued at $2,992,671,000 after purchasing an additional 123,229 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on TDY shares. Morgan Stanley assumed coverage on Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective on the stock. Jefferies Financial Group boosted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Needham & Company LLC boosted their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Citigroup increased their target price on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $643.67.

Teledyne Technologies Stock Performance

Shares of TDY opened at $680.54 on Friday. The company has a market capitalization of $31.52 billion, a PE ratio of 35.99, a PEG ratio of 3.37 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The company’s 50 day moving average price is $598.02 and its 200 day moving average price is $558.15. Teledyne Technologies Incorporated has a 52 week low of $419.00 and a 52 week high of $691.87.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the business posted $5.52 EPS. The company’s revenue for the quarter 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. Research analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Transactions at Teledyne Technologies

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

About Teledyne Technologies

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.