Teledyne Technologies Incorporated $TDY Shares Sold by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC lowered its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 6.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 50,559 shares of the scientific and technical instruments company’s stock after selling 3,598 shares during the quarter. Teledyne Technologies accounts for 1.8% of Cramer Rosenthal Mcglynn LLC’s investment portfolio, making the stock its 15th largest position. Cramer Rosenthal Mcglynn LLC’s holdings in Teledyne Technologies were worth $29,630,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of TDY. One Wealth Capital Management LLC boosted its holdings in Teledyne Technologies by 5.9% in the 3rd quarter. One Wealth Capital Management LLC now owns 517 shares of the scientific and technical instruments company’s stock valued at $303,000 after purchasing an additional 29 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Teledyne Technologies by 114.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,088 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after buying an additional 1,116 shares during the period. Advisory Alpha LLC lifted its holdings in Teledyne Technologies by 97.6% in the third quarter. Advisory Alpha LLC now owns 824 shares of the scientific and technical instruments company’s stock valued at $480,000 after acquiring an additional 407 shares during the last quarter. Alpha Family Trust purchased a new position in Teledyne Technologies in the third quarter worth approximately $229,000. Finally, ARK Investment Management LLC increased its stake in Teledyne Technologies by 11.5% during the third quarter. ARK Investment Management LLC now owns 35,539 shares of the scientific and technical instruments company’s stock worth $20,827,000 after acquiring an additional 3,660 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Teledyne Technologies Trading Down 4.1%

NYSE TDY opened at $654.88 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The firm has a market cap of $30.33 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 3.38 and a beta of 0.99. The firm has a 50 day simple moving average of $610.96 and a 200-day simple moving average of $561.81. Teledyne Technologies Incorporated has a one year low of $419.00 and a one year high of $693.38.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the business earned $5.52 EPS. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. 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. Equities research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. The trade was a 8.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the sale, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,500 shares of company stock valued at $7,214,750. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TDY has been the topic of several recent analyst reports. Needham & Company LLC upped their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Morgan Stanley upped their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research report on Wednesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Barclays boosted their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group increased their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $650.33.

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.