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

Braun Stacey Associates Inc. acquired a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 27,433 shares of the scientific and technical instruments company’s stock, valued at approximately $16,597,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teledyne Technologies during the 4th quarter worth approximately $28,000. DV Equities LLC acquired a new stake in shares of Teledyne Technologies during the fourth quarter worth $33,000. Board of the Pension Protection Fund purchased a new stake in shares of Teledyne Technologies during the fourth quarter valued at $41,000. Banque Cantonale Vaudoise acquired a new position in shares of Teledyne Technologies in the 3rd quarter valued at $43,000. Finally, eCIO Inc. acquired a new position in shares of Teledyne Technologies in the 4th quarter valued at $47,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Stock Down 0.4%

Teledyne Technologies stock opened at $624.53 on Friday. The business’s 50-day moving average price is $626.45 and its 200 day moving average price is $611.42. 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 firm has a market cap of $28.93 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 3.00 and a beta of 0.94. Teledyne Technologies Incorporated has a 52 week low of $483.02 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (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 the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.Teledyne Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 24.01 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Citigroup lifted their target price on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Needham & Company LLC increased their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. 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 research note on Friday, April 24th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.