Keybank National Association OH Grows Position in Teledyne Technologies Incorporated $TDY

Keybank National Association OH raised its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 7.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 owned about 0.18% of Teledyne Technologies worth $49,409,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Dodge & Cox acquired a new position in shares of Teledyne Technologies in the 2nd quarter valued at $767,307,000. Norges Bank purchased a new stake in Teledyne Technologies during the 2nd quarter valued at about $317,986,000. Rakuten Investment Management Inc. acquired a new position in shares of Teledyne Technologies in the third quarter valued at about $108,576,000. Vanguard Group Inc. lifted its holdings in shares of Teledyne Technologies by 2.2% during the second quarter. Vanguard Group Inc. now owns 5,841,524 shares of the scientific and technical instruments company’s stock worth $2,992,671,000 after purchasing an additional 123,229 shares during the period. Finally, Marshall Wace LLP boosted its position in Teledyne Technologies by 582.0% in the second quarter. Marshall Wace LLP now owns 82,649 shares of the scientific and technical instruments company’s stock valued at $42,342,000 after buying an additional 70,531 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on TDY shares. Barclays lifted their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Morgan Stanley assumed coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 target price for the company. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. 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 research report on Thursday, January 22nd. Finally, Citigroup boosted their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Down 0.9%

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

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating 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 firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the firm earned $5.52 EPS. The company’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. On average, research analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insider Activity at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was 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 directly owned 47,328 shares in the company, valued at $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by company insiders.

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.