Running Oak Capital LLC Sells 1,489 Shares of Teledyne Technologies Incorporated $TDY

Running Oak Capital LLC reduced its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 4.9% in the fourth quarter, Holdings Channel reports. The fund owned 29,128 shares of the scientific and technical instruments company’s stock after selling 1,489 shares during the quarter. Teledyne Technologies makes up about 1.9% of Running Oak Capital LLC’s portfolio, making the stock its 27th biggest position. Running Oak Capital LLC’s holdings in Teledyne Technologies were worth $14,877,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Choreo LLC boosted its position in shares of Teledyne Technologies by 19.9% during the 4th quarter. Choreo LLC now owns 1,725 shares of the scientific and technical instruments company’s stock valued at $893,000 after acquiring an additional 286 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Teledyne Technologies by 4.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 58,615 shares of the scientific and technical instruments company’s stock valued at $29,936,000 after acquiring an additional 2,232 shares during the last quarter. Apollon Wealth Management LLC lifted its position in Teledyne Technologies by 5.9% in the fourth quarter. Apollon Wealth Management LLC now owns 535 shares of the scientific and technical instruments company’s stock worth $273,000 after buying an additional 30 shares during the last quarter. Spirepoint Private Client LLC bought a new stake in Teledyne Technologies in the fourth quarter worth $233,000. Finally, Fiduciary Alliance LLC lifted its position in Teledyne Technologies by 2.3% in the fourth quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after buying an additional 22 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the sale, the insider owned 2,644 shares of the company’s stock, valued at approximately $1,666,936.24. This trade represents a 48.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Citigroup raised their price target on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Morgan Stanley raised their price target on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Stifel Nicolaus raised their price target on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Barclays raised their price target on Teledyne Technologies from $599.00 to $600.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Finally, Needham & Company LLC raised their price target on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Six equities 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 has an average rating of “Moderate Buy” and an average price target of $665.88.

Teledyne Technologies Stock Up 0.0%

NYSE:TDY opened at $645.84 on Monday. Teledyne Technologies Incorporated has a twelve month low of $438.86 and a twelve month high of $693.38. The company has a market cap of $29.91 billion, a price-to-earnings ratio of 34.15, a price-to-earnings-growth ratio of 3.19 and a beta of 1.01. The stock has a fifty day simple moving average of $645.96 and a 200-day simple moving average of $577.18. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19.

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 for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the company earned $5.52 earnings per share. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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. Analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Teledyne Technologies Company 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.