Dai ichi Life Insurance Company Ltd lifted its position in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 62.5% in the first quarter, HoldingsChannel reports. The firm owned 25,296 shares of the scientific and technical instruments company’s stock after buying an additional 9,733 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Teledyne Technologies were worth $15,304,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in Teledyne Technologies by 874.5% during the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC grew its stake in shares of Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after buying an additional 683 shares during the period. Focus Partners Wealth increased its holdings in shares of Teledyne Technologies by 48.4% during the 1st quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock worth $416,000 after buying an additional 272 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teledyne Technologies during the 2nd quarter valued at approximately $5,590,000. Finally, Cresset Asset Management LLC raised its position in shares of 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 buying an additional 20 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
TDY has been the subject of several analyst reports. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Stifel Nicolaus lifted their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday. Barclays upped their price target on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Finally, Citigroup raised their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $715.83.
Teledyne Technologies Stock Performance
NYSE:TDY opened at $655.40 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 2.18. The stock has a market capitalization of $30.36 billion, a P/E ratio of 31.65, a PEG ratio of 3.07 and a beta of 0.92. The company has a 50 day moving average price of $627.85 and a 200 day moving average price of $629.38. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38.
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the company earned $5.20 earnings per share. The firm’s quarterly revenue 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. Equities research analysts forecast that Teledyne Technologies Incorporated will post 24.4 EPS for the current year.
Key Headlines Impacting Teledyne Technologies
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Teledyne reported better-than-expected Q2 results, with EPS of $6.28 beating estimates and revenue of $1.66 billion topping forecasts, while revenue rose 9.8% year over year. The company also raised its guidance, which is helping reinforce optimism around the stock. Article Title
- Positive Sentiment: Analysts have been raising their forecasts following the upbeat earnings report, including Stifel, which increased its price target to $775 and maintained a buy rating, and Needham, which lifted its target to $750 with a buy rating. Article Title
- Positive Sentiment: Teledyne announced a five-year partnership between its Raymarine and FLIR Marine businesses and the Royal National Lifeboat Institution, expanding its marine technology footprint and adding another potential long-term commercial relationship. Article Title
- Neutral Sentiment: Some coverage suggests the stock is trading at a premium to fair value, and Barclays kept an equal-weight rating even while raising its target to $640, which implies limited upside from current levels. Article Title
- Neutral Sentiment: Other valuation-focused articles are questioning whether TDY is still undervalued after the earnings-driven rally, indicating the market is reassessing the stock’s multiple rather than reacting to a new fundamental setback. Article Title
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.
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