Braun Stacey Associates Inc. Has $23.73 Million Position in Teledyne Technologies Incorporated $TDY

Braun Stacey Associates Inc. raised its holdings in Teledyne Technologies Incorporated (NYSE:TDY) by 29.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,581 shares of the scientific and technical instruments company’s stock after acquiring an additional 8,148 shares during the quarter. Braun Stacey Associates Inc.’s holdings in Teledyne Technologies were worth $23,729,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TDY. Geode Capital Management LLC increased its position in Teledyne Technologies by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,274,274 shares of the scientific and technical instruments company’s stock worth $649,524,000 after purchasing an additional 13,647 shares during the last quarter. Swedbank AB lifted its position in Teledyne Technologies by 26.6% during the fourth quarter. Swedbank AB now owns 22,155 shares of the scientific and technical instruments company’s stock valued at $11,315,000 after purchasing an additional 4,659 shares during the last quarter. UBS Group AG grew its stake in shares of Teledyne Technologies by 9.3% in the 4th quarter. UBS Group AG now owns 166,870 shares of the scientific and technical instruments company’s stock worth $85,226,000 after buying an additional 14,241 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Teledyne Technologies by 1.9% in the 1st quarter. Royal Bank of Canada now owns 214,721 shares of the scientific and technical instruments company’s stock worth $129,908,000 after buying an additional 4,062 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Teledyne Technologies by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 243,324 shares of the scientific and technical instruments company’s stock worth $147,213,000 after buying an additional 4,544 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,449 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares in the company, valued at $37,951,406.22. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.36% of the stock is currently owned by company insiders.

Teledyne Technologies Trading Down 0.9%

Shares of TDY opened at $621.17 on Friday. The firm has a market capitalization of $28.80 billion, a price-to-earnings ratio of 29.99, a PEG ratio of 2.73 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. Teledyne Technologies Incorporated has a 1-year low of $483.02 and a 1-year high of $697.67. The company has a 50-day moving average of $648.14 and a 200 day moving average of $641.34.

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on TDY. Stifel Nicolaus increased their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Morgan Stanley upped their price objective on Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Citigroup raised their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Finally, Zacks Research lowered Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus target price of $721.67.

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.