Mitsubishi UFJ Asset Management Co. Ltd. Buys Shares of 133,739 Teledyne Technologies Incorporated $TDY

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 133,739 shares of the scientific and technical instruments company’s stock, valued at approximately $89,191,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. OneDigital Investment Advisors LLC bought a new position in Teledyne Technologies during the 2nd quarter valued at $230,000. Simplicity Wealth LLC acquired a new position in Teledyne Technologies during the 2nd quarter worth $368,000. Old West Investment Management LLC bought a new stake in shares of Teledyne Technologies in the 2nd quarter worth about $2,841,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Teledyne Technologies in the 2nd quarter valued at about $29,478,000. Finally, Global Retirement Partners LLC bought a new position in shares of Teledyne Technologies during the second quarter worth about $438,000. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of TDY opened at $666.39 on Wednesday. The firm has a fifty day moving average of $646.40 and a 200-day moving average of $641.30. The company has a market cap of $30.89 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 2.96 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping analysts’ consensus estimates of $5.79 by $0.49. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the company earned $5.20 EPS. 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. As a group, equities analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on TDY shares. Barclays lifted their price target on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Stifel Nicolaus increased their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Citigroup lifted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Zacks Research upgraded Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $721.67.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction that occurred 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 sale, the director owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.36% of the company’s stock.

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.