25,348 Shares in Teledyne Technologies Incorporated $TDY Purchased by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company acquired 25,348 Teledyne Technologies shares worth approximately $16.9 million, while institutional investors collectively own 91.58% of the company.
• Teledyne reported quarterly EPS of $6.28, beating estimates of $5.79, as revenue rose 9.8% year over year to $1.66 billion. The company guided for fiscal 2026 EPS of $24.45–$24.65.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and an average price target of $721.67, although one analyst recently downgraded the stock to “hold.”

The Manufacturers Life Insurance Company acquired a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 25,348 shares of the scientific and technical instruments company's stock, valued at approximately $16,905,000. The Manufacturers Life Insurance Company owned approximately 0.05% of Teledyne Technologies at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in Teledyne Technologies by 874.5% in the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company's stock worth $970,000 after buying an additional 1,749 shares during the last quarter. Empowered Funds LLC boosted its position in Teledyne Technologies by 78.6% in the 1st quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company's stock valued at $772,000 after buying an additional 683 shares during the period. Focus Partners Wealth grew its stake in Teledyne Technologies by 48.4% in the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company's stock worth $416,000 after purchasing an additional 272 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Teledyne Technologies during the 2nd quarter worth $5,590,000. Finally, Cresset Asset Management LLC grew its holdings 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 worth $425,000 after acquiring an additional 20 shares in the last quarter. Institutional investors own 91.58% of the company's stock.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,449 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director directly owned 55,783 shares in the company, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.36% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Jefferies Financial Group upgraded shares of Teledyne Technologies to a "strong-buy" rating in a research note on Wednesday, June 10th. Needham & Company LLC raised their price objective on Teledyne Technologies from $735.00 to $750.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Morgan Stanley boosted their target price on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an "equal weight" rating in a research report on Thursday, August 13th. Finally, Zacks Research downgraded Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $721.67.

Teledyne Technologies Stock Performance

Shares of TDY stock opened at $621.17 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The firm has a market cap of $28.80 billion, a P/E ratio of 29.99, a P/E/G ratio of 2.73 and a beta of 0.92. The firm's 50 day moving average price is $648.14 and its 200-day moving average price is $641.34. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $697.67.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the company earned $5.20 earnings per share. The firm's quarterly revenue 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. As a group, equities research analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

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.

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