Mitsubishi UFJ Trust & Banking Corp Reduces Holdings in Teledyne Technologies Incorporated $TDY

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,980 shares of the scientific and technical instruments company’s stock after selling 1,111 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Teledyne Technologies were worth $22,462,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its position in Teledyne Technologies by 1.2% during the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after acquiring an additional 69,284 shares during the last quarter. Covea Finance boosted its position in Teledyne Technologies by 7.5% during the fourth quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after acquiring an additional 3,600 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Teledyne Technologies by 105.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after acquiring an additional 5,825 shares during the last quarter. Allianz Asset Management GmbH boosted its position in Teledyne Technologies by 843.1% during the third quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after acquiring an additional 20,562 shares during the last quarter. Finally, Mariner LLC boosted its position in Teledyne Technologies by 7,237.2% during the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after acquiring an additional 305,337 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

Teledyne Technologies stock opened at $631.99 on Thursday. The stock’s 50-day moving average is $645.33 and its 200-day moving average is $583.06. The company has a market cap of $29.28 billion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 3.14 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.16. Teledyne Technologies Incorporated has a 12 month low of $456.59 and a 12 month high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business posted $4.95 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Equities analysts anticipate that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Barclays raised their target price on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Needham & Company LLC raised their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Morgan Stanley raised their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Stifel Nicolaus raised their target price on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group raised their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $693.71.

Insider Activity at Teledyne Technologies

In other news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction dated 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 directly owned 51,025 shares in the company, valued at $32,192,693. This trade represents a 8.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.36% of the stock is currently owned by company insiders.

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.