Kesler Norman & Wride LLC Purchases New Stake in Teledyne Technologies Incorporated $TDY

Kesler Norman & Wride LLC purchased a new stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,494 shares of the scientific and technical instruments company’s stock, valued at approximately $763,000.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Teledyne Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after purchasing an additional 69,284 shares in the last quarter. Covea Finance boosted its position in shares of Teledyne Technologies by 7.5% in the fourth quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after buying an additional 3,600 shares during the period. Allianz Asset Management GmbH boosted its position in shares of Teledyne Technologies by 843.1% in 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 period. Mariner LLC grew its stake in shares of Teledyne Technologies by 7,237.2% in the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after buying an additional 305,337 shares in the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Teledyne Technologies during the 3rd quarter valued at about $4,923,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

Shares of TDY opened at $619.69 on Thursday. The business’s 50 day moving average is $629.77 and its two-hundred day moving average is $598.01. Teledyne Technologies Incorporated has a 52-week low of $483.02 and a 52-week high of $693.38. The firm has a market cap of $28.71 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 2.96 and a beta of 0.94. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $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. Analysts forecast that Teledyne Technologies Incorporated will post 24.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on TDY. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Citigroup lifted their price objective on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Needham & Company LLC boosted their target price on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Barclays upped their target price 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, Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average price target of $693.71.

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.