Nissay Asset Management Corp Japan Grows Holdings in Teledyne Technologies Incorporated $TDY

Nissay Asset Management Corp Japan boosted its position in Teledyne Technologies Incorporated (NYSE:TDY) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,302 shares of the scientific and technical instruments company’s stock after buying an additional 4,672 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Teledyne Technologies were worth $49,552,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TDY. Braun Stacey Associates Inc. grew its stake in shares of Teledyne Technologies by 29.7% during the second quarter. Braun Stacey Associates Inc. now owns 35,581 shares of the scientific and technical instruments company’s stock valued at $23,729,000 after acquiring an additional 8,148 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Teledyne Technologies by 3.7% in the second quarter. Wellington Management Group LLP now owns 10,892 shares of the scientific and technical instruments company’s stock worth $7,264,000 after acquiring an additional 388 shares in the last quarter. Kingsview Wealth Management LLC purchased a new position in Teledyne Technologies in the second quarter valued at about $224,000. Beacon Pointe Advisors LLC purchased a new position in Teledyne Technologies in the second quarter valued at about $1,244,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in Teledyne Technologies during the 2nd quarter valued at approximately $33,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Down 0.9%

NYSE:TDY opened at $621.17 on Friday. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $648.14 and its two-hundred day moving average is $641.34. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $697.67. The company has a market cap of $28.80 billion, a PE ratio of 29.99, a P/E/G ratio of 2.73 and a beta of 0.92.

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

Insiders Place Their Bets

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,449 shares of the business’s stock in a transaction 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 completion of the sale, the director owned 55,783 shares in the company, valued at $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 is available at this link. 1.36% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Stifel Nicolaus lifted their price objective on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Needham & Company LLC raised their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Finally, Morgan Stanley boosted their target price on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. One research 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 stock. According to data from MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus target price of $721.67.

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.