37,057 Shares in Teledyne Technologies Incorporated $TDY Purchased by Danske Bank A S

Danske Bank A S bought a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 37,057 shares of the scientific and technical instruments company’s stock, valued at approximately $24,713,000.

A number of other large investors also recently made changes to their positions in the business. CX Institutional lifted its position 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 worth $411,000 after purchasing an additional 17 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Teledyne Technologies by 24.3% during the first 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. grew its position in Teledyne Technologies by 10.5% during the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock valued at $115,000 after purchasing an additional 18 shares in the last quarter. Parvin Asset Management LLC increased its stake in Teledyne Technologies by 12.5% in 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 buying an additional 20 shares during the period. Finally, Cresset Asset Management LLC increased its stake in Teledyne Technologies by 2.5% in 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 buying an additional 20 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Transactions at Teledyne Technologies

In other news, Director Simon M. Lorne sold 6,449 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the completion of the transaction, the director directly owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.36% of the stock is owned by company insiders.

Teledyne Technologies Price Performance

NYSE TDY opened at $649.11 on Thursday. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67. The company has a fifty day simple moving average of $647.32 and a 200 day simple moving average of $641.47. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19. The company has a market cap of $30.09 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.89 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company earned $5.20 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. 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. On average, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Barclays lifted 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 note on Friday, July 24th. Morgan Stanley upped their price target on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Stifel Nicolaus upped their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Needham & Company LLC lifted their price target on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. 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 company currently has an average rating of “Moderate Buy” and an average price target 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.