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KLP Kapitalforvaltning AS Sells 3,960 Shares of Teledyne Technologies Incorporated $TDY
KLP Kapitalforvaltning AS reduced its stake in Teledyne Technologies Incorporated ($TDY) by 8.4% in the fourth quarter, selling 3,960 shares and ending with 43,280 shares valued at $22.1 million. This reduction comes amid Teledyne’s strong Q1 performance, which saw record sales and increased FY-2026 guidance, driven by robust demand and strong cash flow. Institutional ownership remains high at over 91%, with analysts setting a consensus target price of $666.25, while some insiders have recently sold shares.