25,348 Shares in Teledyne Technologies Incorporated $TDY Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,348 shares of the scientific and technical instruments company’s stock, valued at approximately $16,905,000.

A number of other large investors also recently modified their holdings of TDY. CX Institutional boosted 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 acquiring an additional 17 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Teledyne Technologies by 24.3% in the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 18 shares in the last quarter. Assetmark Inc. grew its position in shares of Teledyne Technologies by 10.5% in the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock valued at $115,000 after buying an additional 18 shares during the last quarter. Parvin Asset Management LLC grew its position in shares of Teledyne Technologies by 12.5% in the 1st quarter. Parvin Asset Management LLC now owns 180 shares of the scientific and technical instruments company’s stock valued at $109,000 after buying an additional 20 shares during the last quarter. Finally, Cresset Asset Management LLC raised its stake in 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 worth $425,000 after acquiring an additional 20 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Performance

NYSE TDY opened at $621.17 on Friday. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $697.67. The company has a market capitalization of $28.80 billion, a P/E ratio of 29.99, a PEG ratio of 2.73 and a beta of 0.92. The business has a 50 day moving average price of $648.14 and a 200 day moving average price of $641.34. 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 quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.79 by $0.49. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.Teledyne Technologies’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $5.20 earnings per share. 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. Sell-side analysts expect that Teledyne Technologies Incorporated will post 24.69 EPS for the current fiscal year.

Analysts Set New Price Targets

TDY has been the subject of a number of research reports. Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays lifted their target price on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Zacks Research downgraded Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Needham & Company LLC upped their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $721.67.

Insider Activity

In other news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the transaction, the director 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.36% of the stock is 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.