Braun Stacey Associates Inc. Makes New Investment in Teledyne Technologies Incorporated $TDY

Braun Stacey Associates Inc. purchased a new position in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,433 shares of the scientific and technical instruments company’s stock, valued at approximately $16,597,000. Braun Stacey Associates Inc. owned approximately 0.06% of Teledyne Technologies at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TDY. Vanguard Group Inc. raised its holdings in shares of Teledyne Technologies by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock valued at $3,053,038,000 after acquiring an additional 66,984 shares in the last quarter. State Street Corp grew its holdings in Teledyne Technologies by 2.9% during the 3rd 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 acquiring an additional 61,135 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Teledyne Technologies by 0.6% during the 4th quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after acquiring an additional 9,824 shares in the last quarter. Dodge & Cox increased its position in Teledyne Technologies by 0.3% during the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock valued at $860,754,000 after purchasing an additional 4,378 shares during the period. Finally, FIL Ltd increased its position in Teledyne Technologies by 25.2% during the 4th quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after purchasing an additional 274,976 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Down 0.4%

Shares of Teledyne Technologies stock opened at $624.53 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market cap of $28.93 billion, a P/E ratio of 31.59, a PEG ratio of 3.00 and a beta of 0.94. The firm’s 50 day moving average price is $626.45 and its 200-day moving average price is $611.42. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The company 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%. Teledyne Technologies’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.95 earnings per share. 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. On average, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.01 EPS for the current fiscal year.

Analysts Set New Price Targets

TDY has been the subject of several recent research reports. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Barclays lifted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Morgan Stanley upped 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. Finally, Citigroup increased their target price on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $693.71.

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.