M&T Bank Corp Has $10.74 Million Stock Position in Teledyne Technologies Incorporated $TDY

Key Points

• M&T Bank Corp increased its stake in Teledyne by 56.8% in Q4 to 21,036 shares, a position valued at approximately $10.744 million.
• Teledyne beat Q1 estimates (EPS $5.80 vs. $5.48) and raised FY26 guidance to 23.85–24.15 EPS (Q2 guidance 5.70–5.80), triggering several price-target raises and a consensus "Moderate Buy" with an average target near $693.71.
• Institutional ownership is high at 91.58%, while corporate insiders sold 11,500 shares (~$7.2M) during the quarter, leaving insiders with about 1.36% ownership.

M&T Bank Corp lifted its position in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 56.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,036 shares of the scientific and technical instruments company's stock after buying an additional 7,619 shares during the quarter. M&T Bank Corp's holdings in Teledyne Technologies were worth $10,744,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Teledyne Technologies by 1.2% in the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company's stock worth $3,463,970,000 after buying an additional 69,284 shares during the last quarter. State Street Corp lifted its stake in shares of Teledyne Technologies by 2.9% in the third quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company's stock worth $1,291,957,000 after buying an additional 61,135 shares during the last quarter. Dodge & Cox lifted its stake in shares of Teledyne Technologies by 12.2% in the third quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company's stock worth $985,111,000 after buying an additional 183,222 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Teledyne Technologies by 2.6% in the third quarter. JPMorgan Chase & Co. now owns 942,825 shares of the scientific and technical instruments company's stock worth $552,536,000 after buying an additional 24,222 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Teledyne Technologies by 25.7% in the third quarter. Invesco Ltd. now owns 764,905 shares of the scientific and technical instruments company's stock worth $448,265,000 after buying an additional 156,559 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TDY has been the subject of a number of analyst reports. Morgan Stanley boosted their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 4th. Citigroup boosted their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the stock a "neutral" rating in a research note on Thursday, April 2nd. Weiss Ratings restated a "buy (b-)" rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Stifel Nicolaus boosted their price objective on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Jefferies Financial Group boosted their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. Five equities research 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, Teledyne Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $693.71.

Teledyne Technologies Price Performance

NYSE:TDY opened at $649.99 on Friday. The stock has a market cap of $30.10 billion, a P/E ratio of 32.88, a PEG ratio of 3.19 and a beta of 1.01. Teledyne Technologies Incorporated has a one year low of $453.89 and a one year high of $693.38. The company has a fifty day moving average price of $646.11 and a 200 day moving average price of $581.71. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.08.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $4.95 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Analysts anticipate that Teledyne Technologies Incorporated will post 24.07 earnings per share for the current year.

Teledyne Technologies News Roundup

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Q1 results beat expectations and management raised full-year guidance (FY26 EPS 23.85–24.15; Q2 EPS 5.70–5.80). Defense and imaging segments were cited for outperformance, supporting the outlook. Read More.
• Positive Sentiment: Two brokers raised price targets and kept buy ratings — Stifel to $750 and Needham to $735 — signaling analyst confidence in upside from current levels. Read More.
• Positive Sentiment: Teledyne expanded shareholder rights at its April annual meeting, a governance step that can be viewed positively by some investors. Read More.
• Positive Sentiment: UBS reiterated a buy rating, reinforcing institutional support for the company's growth story. Read More.
• Neutral Sentiment: Brokerage consensus remains constructive (described as "moderate buy"), reflecting mixed but generally positive analyst views overall. Read More.
• Neutral Sentiment: Several market pieces and deep-dive articles are framing TDY’s story around new targets and raised guidance, which helps investor visibility but adds competing analyst perspectives. Read More.
• Negative Sentiment: Barclays raised its price target slightly to $614 but kept an "equal weight" rating — the target sits below the current share price, implying limited near-term upside from their view. This cautious stance likely contributed to downward pressure. Read More.

Insider Buying and Selling at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the company's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares in the company, valued at $32,192,693. This represents a 8.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael T. Smith sold 2,469 shares of the company's stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director owned 47,328 shares of the company's stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.36% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.