Danica Pension Livsforsikringsaktieselskab Takes $11.08 Million Position in Teledyne Technologies Incorporated $TDY

Danica Pension Livsforsikringsaktieselskab acquired a new position in Teledyne Technologies Incorporated (NYSE:TDY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,905 shares of the scientific and technical instruments company’s stock, valued at approximately $11,079,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TDY. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Teledyne Technologies by 3.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock valued at $373,000 after purchasing an additional 20 shares during the last quarter. Cresset Asset Management LLC increased its position in shares of 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 purchasing an additional 20 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares during the period. Fifth Third Wealth Advisors LLC lifted its position in Teledyne Technologies by 2.4% in the third quarter. Fifth Third Wealth Advisors LLC now owns 969 shares of the scientific and technical instruments company’s stock valued at $568,000 after buying an additional 23 shares during the last quarter. Finally, Snowden Capital Advisors LLC lifted its position in Teledyne Technologies by 2.1% in the second quarter. Snowden Capital Advisors LLC now owns 1,099 shares of the scientific and technical instruments company’s stock valued at $563,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

NYSE TDY opened at $643.66 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The company has a market cap of $29.81 billion, a P/E ratio of 34.04, a P/E/G ratio of 3.19 and a beta of 0.99. The stock has a 50-day moving average of $631.71 and a two-hundred day moving average of $568.10. Teledyne Technologies Incorporated has a 1-year low of $419.00 and a 1-year high of $693.38.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Analyst Upgrades and Downgrades

TDY has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citigroup upped their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Barclays boosted their target price on Teledyne Technologies from $599.00 to $600.00 and gave the company an “equal weight” rating in a research report on Monday. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $656.75.

Insider Activity at Teledyne Technologies

In other news, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction on 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 in the company, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the transaction, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 in the last three months. 1.50% of the stock is currently owned by corporate 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.