Aristotle Capital Management LLC Has $1.04 Billion Stake in Teledyne Technologies Incorporated $TDY

Aristotle Capital Management LLC reduced its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 5.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,781,914 shares of the scientific and technical instruments company’s stock after selling 102,896 shares during the quarter. Teledyne Technologies accounts for 2.0% of Aristotle Capital Management LLC’s investment portfolio, making the stock its 15th biggest holding. Aristotle Capital Management LLC’s holdings in Teledyne Technologies were worth $1,044,339,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Prudential Financial Inc. raised its holdings in shares of Teledyne Technologies by 9.5% in the 2nd quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock valued at $13,981,000 after purchasing an additional 2,369 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Teledyne Technologies by 105.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock worth $6,649,000 after purchasing an additional 5,825 shares during the period. Vanguard Group Inc. grew its holdings in Teledyne Technologies by 1.2% during 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 purchasing an additional 69,284 shares during the period. Allianz Asset Management GmbH increased its position in Teledyne Technologies by 843.1% during the third quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after buying an additional 20,562 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new stake in Teledyne Technologies in the third quarter valued at approximately $25,153,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction on Thursday, January 29th. The stock was 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 in the company, valued at $29,390,688. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider directly owned 2,644 shares of the company’s stock, valued at $1,666,936.24. This represents a 48.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Citigroup raised their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley boosted their target price on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Needham & Company LLC raised their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Barclays lifted their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $650.33.

Teledyne Technologies Trading Down 1.1%

Shares of TDY stock opened at $639.41 on Friday. The firm has a 50 day moving average price of $627.08 and a two-hundred day moving average price of $566.46. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $29.61 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.16 and a beta of 0.99. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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, analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

About Teledyne Technologies

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.