KLP Kapitalforvaltning AS Trims Holdings in Teledyne Technologies Incorporated $TDY

KLP Kapitalforvaltning AS trimmed its position in Teledyne Technologies Incorporated (NYSE:TDY) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,280 shares of the scientific and technical instruments company’s stock after selling 3,960 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Teledyne Technologies were worth $22,104,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies in the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teledyne Technologies in the 4th quarter worth approximately $28,000. Board of the Pension Protection Fund purchased a new stake in Teledyne Technologies in the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise purchased a new stake in Teledyne Technologies in the 3rd quarter worth approximately $43,000. Finally, TruNorth Capital Management LLC purchased a new stake in Teledyne Technologies in the 3rd quarter worth approximately $46,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Up 1.9%

TDY stock opened at $655.21 on Thursday. Teledyne Technologies Incorporated has a 1-year low of $438.86 and a 1-year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The company has a market capitalization of $30.34 billion, a price-to-earnings ratio of 34.65, a PEG ratio of 3.17 and a beta of 1.01. The business has a 50 day simple moving average of $646.19 and a two-hundred day simple moving average of $580.82.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.48 by $0.32. The firm 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 10.08% and a net margin of 14.63%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $4.95 EPS. 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. Research analysts anticipate that Teledyne Technologies Incorporated will post 23.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Jefferies Financial Group upped their price target on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus upped their price target on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Citigroup upped their price target on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Barclays upped their price target on Teledyne Technologies from $600.00 to $603.00 and gave the stock an “equal weight” rating in a research note on Monday, April 13th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $666.25.

Insider Buying and Selling

In other news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the transaction, the insider owned 51,025 shares of the company’s stock, valued at $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,500 shares of company stock valued at $7,214,750 over the last quarter. Corporate insiders own 1.36% of the company’s stock.

Key Teledyne Technologies News

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Q1 results beat consensus — Teledyne reported record first-quarter sales of $1,560.1M and non?GAAP EPS of $5.80 (up ~17% YoY), beating analyst estimates and showing revenue growth across key businesses. Teledyne Technologies Reports First Quarter Results
• Positive Sentiment: Company raised full?year profit outlook — Management raised its FY?2026 profit forecast (EPS range 23.850–24.150) and noted continued robust demand across digital imaging, instrumentation and aerospace & defense, supporting upward guidance and sentiment. Teledyne lifts annual profit forecast, beats quarterly estimates
• Positive Sentiment: Strong cash flow and margins — Q1 cash from operations was $234M with free cash flow of $204M and record operating margin on the non?GAAP basis, which supports buybacks/accretive investments and underpins valuation. Teledyne Technologies Reports First Quarter Results
• Positive Sentiment: Product/tech pipeline — Teledyne e2v announced the Caiman™ low?light imaging module, reinforcing the company’s imaging roadmap and potential incremental revenue from specialized sensors and modules. Teledyne e2v introduces the Caiman module
• Neutral Sentiment: Q2 guidance roughly in?line/slightly mixed — Q2 EPS was guided to $5.70–5.80 (consensus ~5.76), so while guidance is consistent with management’s raised FY view, the Q2 range is effectively in line with expectations and not a clear upside catalyst on its own. Teledyne’s Q1 Earnings & Revenues Beat Estimates, ’26 EPS View Raised

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.