Daiichi Life Insurance Co. Ltd. Makes New $9.77 Million Investment in Teledyne Technologies Incorporated $TDY

Daiichi Life Insurance Co. Ltd. bought a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,655 shares of the scientific and technical instruments company’s stock, valued at approximately $9,773,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CX Institutional boosted its holdings in shares of Teledyne Technologies by 2.8% in the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock valued at $411,000 after purchasing an additional 17 shares during the period. CENTRAL TRUST Co increased its holdings in Teledyne Technologies by 24.3% during the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after purchasing an additional 18 shares during the period. Assetmark Inc. increased its holdings in Teledyne Technologies by 10.5% during the 1st quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock worth $115,000 after purchasing an additional 18 shares during the period. Parvin Asset Management LLC raised its position in Teledyne Technologies by 12.5% during 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 purchasing an additional 20 shares in the last quarter. Finally, Cresset Asset Management LLC raised its position 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 valued at $425,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Price Performance

TDY opened at $635.01 on Friday. The firm has a market capitalization of $29.44 billion, a PE ratio of 30.66, a price-to-earnings-growth ratio of 2.77 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The business’s 50-day moving average is $647.73 and its two-hundred day moving average is $641.52. 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 results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the firm posted $5.20 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. 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. Research analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.36% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on TDY. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday. Needham & Company LLC lifted their price objective on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Zacks Research upgraded shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Finally, Barclays raised their target price on shares of Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Two investment 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $721.67.

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.