Kennedy Capital Management LLC Sells 5,952 Shares of Teledyne Technologies Incorporated $TDY

Key Points

• Kennedy Capital Management cut its stake in Teledyne Technologies by 13.2% in Q3, selling 5,952 shares and ending the period with 39,042 shares worth $22.88 million (0.08% of the company).
• Insider selling has been notable recently — insiders sold 11,500 shares worth $7.21 million over the last 90 days, including Vice Chairman Jason Vanwees' 5,000-share sale at $630.92 ($3.15M) and Director Michael T. Smith's 2,469-share sale at $621.
• Analysts remain generally positive with a consensus "Moderate Buy" and a $650.33 target after several firms raised price targets (Jefferies to $770); Teledyne also beat Q results (EPS $6.30 vs. $5.83, revenue $1.61B) and set FY2026 EPS guidance of 23.45–23.85.

Kennedy Capital Management LLC lowered its stake in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,042 shares of the scientific and technical instruments company's stock after selling 5,952 shares during the quarter. Kennedy Capital Management LLC owned 0.08% of Teledyne Technologies worth $22,880,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TDY. Abich Financial Wealth Management LLC acquired a new stake in Teledyne Technologies in the third quarter worth $26,000. SBI Securities Co. Ltd. raised its holdings in shares of Teledyne Technologies by 75.9% during the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company's stock valued at $26,000 after purchasing an additional 22 shares during the period. Rexford Capital Inc. bought a new position in shares of Teledyne Technologies during the 2nd quarter worth about $29,000. Banque Cantonale Vaudoise bought a new position in shares of Teledyne Technologies during the 3rd quarter worth about $43,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Teledyne Technologies in the 3rd quarter valued at about $46,000. Institutional investors and hedge funds own 91.58% of the company's stock.

Analysts Set New Price Targets

TDY has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Barclays boosted their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the company an "equal weight" rating in a report on Thursday, January 22nd. Jefferies Financial Group lifted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Needham & Company LLC boosted their price target on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. Finally, Citigroup raised their price objective on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a "neutral" rating in a research note on Tuesday, January 13th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Teledyne Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $650.33.

Insider Activity

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the business's stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the transaction, the insider directly owned 51,025 shares in the company, valued at approximately $32,192,693. The trade was a 8.92% 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, 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 transaction of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares of the company's stock, valued at $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 11,500 shares of company stock worth $7,214,750. 1.50% of the stock is owned by corporate insiders.

Teledyne Technologies Stock Down 0.3%

Shares of Teledyne Technologies stock traded down $2.07 on Friday, hitting $644.50. The company had a trading volume of 16,060 shares, compared to its average volume of 377,553. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $693.38. 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 stock has a 50 day moving average of $624.68 and a 200-day moving average of $565.62. The stock has a market capitalization of $29.85 billion, a price-to-earnings ratio of 34.12, a P/E/G ratio of 3.24 and a beta of 0.99.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) 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 quarter in the prior year, the company posted $5.52 earnings per share. Teledyne Technologies's revenue 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. As a group, sell-side analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

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.

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