Teledyne Technologies Incorporated $TDY Stock: Assenagon Asset Management S.A. Grows Holdings

Assenagon Asset Management S.A. grew its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 235.7% during the third quarter, Holdings Channel reports. The firm owned 209,781 shares of the scientific and technical instruments company’s stock after purchasing an additional 147,297 shares during the period. Assenagon Asset Management S.A.’s holdings in Teledyne Technologies were worth $127,297,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TDY. CX Institutional lifted its position in shares of Teledyne Technologies by 2.8% during the 2nd quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock worth $411,000 after purchasing an additional 17 shares during the last quarter. CENTRAL TRUST Co boosted its position in shares of Teledyne Technologies by 24.3% in the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 18 shares during the period. Assetmark Inc. boosted its position in shares of Teledyne Technologies by 10.5% in the first 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 period. Parvin Asset Management LLC grew its stake in shares of Teledyne Technologies by 12.5% in the first quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company’s stock worth $109,000 after acquiring an additional 20 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Teledyne Technologies by 1.0% in the third quarter. GAMMA Investing LLC now owns 2,098 shares of the scientific and technical instruments company’s stock worth $1,273,000 after acquiring an additional 21 shares during the last quarter. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of NYSE:TDY opened at $616.68 on Friday. The stock has a market capitalization of $28.59 billion, a price-to-earnings ratio of 25.88, a price-to-earnings-growth ratio of 2.70 and a beta of 0.89. The business’s fifty day moving average price is $622.69 and its two-hundred day moving average price is $630.65. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39.

Teledyne Technologies (NYSE:TDY) last issued its 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. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company earned $5.20 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. 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. As a group, analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $750.00 to $760.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Zacks Research lowered shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Citigroup boosted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $723.33.

Insiders Place Their Bets

In other news, Director Simon Lorne sold 6,449 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares of the company’s stock, valued at $37,951,406.22. The trade was a 10.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.36% of the company’s stock.

Teledyne Technologies Company Profile

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, aviation, space, defense, and other specialized applications.

The company’s offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, test and measurement instruments, marine and airborne imaging systems, and monitoring and control technologies.