Teledyne Technologies Incorporated $TDY Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH raised its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 843.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,001 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,562 shares during the quarter. Allianz Asset Management GmbH’s holdings in Teledyne Technologies were worth $13,480,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. boosted its stake in shares of Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 22 shares during the last quarter. Rexford Capital Inc. acquired a new position in Teledyne Technologies in the second quarter valued at approximately $29,000. First Horizon Advisors Inc. boosted its position in Teledyne Technologies by 52.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 27 shares in the last quarter. Assetmark Inc. grew its stake in shares of Teledyne Technologies by 193.1% during the 2nd quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock worth $44,000 after purchasing an additional 56 shares during the period. Finally, TruNorth Capital Management LLC purchased a new position in shares of Teledyne Technologies during the 3rd quarter valued at approximately $46,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Stifel Nicolaus increased their price target on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Barclays boosted their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Morgan Stanley began coverage on Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 target price on the stock. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Up 3.0%

Shares of TDY opened at $647.56 on Friday. 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 Incorporated has a one year low of $419.00 and a one year high of $648.28. The stock has a market capitalization of $30.40 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 3.21 and a beta of 1.01. The stock has a 50 day moving average price of $551.37 and a 200 day moving average price of $546.08.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share 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 company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the firm posted $5.52 EPS. The firm’s revenue for the quarter 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. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Insider Activity

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were 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 of the company’s stock, 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. Also, 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 transaction, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 11,500 shares of company stock worth $7,214,750. 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.