Massachusetts Financial Services Co. MA Acquires 2,232 Shares of Teledyne Technologies Incorporated $TDY

Key Points

• Massachusetts Financial Services Co. raised its stake in Teledyne by 4.0%, buying 2,232 shares to hold 58,615 shares (about 0.12% of the company) valued at roughly $29.94 million.
• Insider sales accelerated last quarter, with insiders selling 11,500 shares worth $7.21 million (including Director Michael T. Smith selling 2,469 shares at $621 and Vice Chairman Jason Vanwees selling 5,000 shares at $630.92), leaving insiders with about 1.36% ownership.
• Analysts have raised targets and the stock has a consensus "Moderate Buy" rating with an average price target of $666.25, while Teledyne posted an EPS beat (Q: $6.30 vs. $5.83 expected) and set FY2026 guidance of $23.45–$23.85 EPS.

Massachusetts Financial Services Co. MA raised its holdings in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,615 shares of the scientific and technical instruments company's stock after acquiring an additional 2,232 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.12% of Teledyne Technologies worth $29,936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TDY. Mariner LLC raised its holdings in Teledyne Technologies by 7,237.2% during the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company's stock valued at $181,385,000 after acquiring an additional 305,337 shares during the period. Artisan Partners Limited Partnership purchased a new position in shares of Teledyne Technologies during the third quarter valued at about $129,791,000. Public Sector Pension Investment Board grew its position in shares of Teledyne Technologies by 4,520.4% during the third quarter. Public Sector Pension Investment Board now owns 206,440 shares of the scientific and technical instruments company's stock valued at $120,982,000 after purchasing an additional 201,972 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of Teledyne Technologies during the third quarter valued at about $108,576,000. Finally, Dodge & Cox grew its position in shares of Teledyne Technologies by 12.2% during the third quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company's stock valued at $985,111,000 after purchasing an additional 183,222 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction dated 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 completion of the transaction, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Jason Vanwees sold 5,000 shares of Teledyne Technologies stock in a transaction dated 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 completion of the transaction, the insider owned 51,025 shares of the company's stock, valued at approximately $32,192,693. This represents a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 11,500 shares of company stock valued at $7,214,750. 1.36% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Teledyne Technologies from $620.00 to $680.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 4th. Needham & Company LLC raised their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Barclays raised their price objective on Teledyne Technologies from $600.00 to $603.00 and gave the company an "equal weight" rating in a research report on Monday. Citigroup raised their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the company a "neutral" rating in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group raised their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $666.25.

Teledyne Technologies Trading Down 2.1%

TDY opened at $634.00 on Thursday. The firm has a market cap of $29.36 billion, a P/E ratio of 33.53, a P/E/G ratio of 3.20 and a beta of 1.01. Teledyne Technologies Incorporated has a 12 month low of $438.86 and a 12 month high of $693.38. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average of $647.03 and a 200 day moving average of $578.70.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping the consensus estimate of $5.83 by $0.47. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm's revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $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, research analysts forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Teledyne Technologies 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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