Teledyne Technologies Incorporated $TDY Shares Acquired by Dodge & Cox

Dodge & Cox lifted its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 12.2% in the third quarter, Holdings Channel reports. The firm owned 1,680,962 shares of the scientific and technical instruments company’s stock after buying an additional 183,222 shares during the period. Dodge & Cox’s holdings in Teledyne Technologies were worth $985,111,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Prudential Financial Inc. increased its stake in Teledyne Technologies by 9.5% during the 2nd quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after buying an additional 2,369 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of 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 valued at $6,649,000 after acquiring an additional 5,825 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after acquiring an additional 69,284 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in shares of Teledyne Technologies by 843.1% in 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, Synergy Asset Management LLC acquired a new stake in shares of Teledyne Technologies in the third quarter worth approximately $25,153,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Teledyne Technologies stock opened at $639.41 on Friday. The firm has a 50 day simple moving average of $627.08 and a 200-day simple moving average of $566.30. The stock has a market cap of $29.61 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 3.20 and a beta of 0.99. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. Teledyne Technologies Incorporated has a 1-year low of $419.00 and a 1-year high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data 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. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $5.52 earnings per share. 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, analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Citigroup increased their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Morgan Stanley lifted 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 note on Wednesday, March 4th. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $650.33.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,500 shares of company stock worth $7,214,750. Corporate insiders own 1.50% of the company’s stock.

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.