Amundi Acquires 34,730 Shares of Teledyne Technologies Incorporated $TDY

Key Points

• Amundi increased its Teledyne Technologies stake by 38% in the second quarter, purchasing 34,730 additional shares and bringing its holdings to 126,239 shares valued at approximately $84.2 million.
• Institutional investors own 91.58% of Teledyne’s outstanding stock, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $721.67.
• Teledyne exceeded quarterly expectations, reporting $6.28 in EPS and $1.66 billion in revenue; revenue rose 9.8% year over year, and the company issued fiscal 2026 EPS guidance of $24.45–$24.65.

Amundi lifted its stake in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 38.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,239 shares of the scientific and technical instruments company's stock after purchasing an additional 34,730 shares during the period. Amundi owned 0.27% of Teledyne Technologies worth $84,189,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC lifted its position in shares of Teledyne Technologies by 328.4% during the 2nd quarter. HighTower Advisors LLC now owns 27,111 shares of the scientific and technical instruments company's stock valued at $18,080,000 after buying an additional 20,783 shares in the last quarter. California State Teachers Retirement System increased its holdings in Teledyne Technologies by 61,950.6% in the 2nd quarter. California State Teachers Retirement System now owns 50,350,950 shares of the scientific and technical instruments company's stock worth $33,579,049,000 after acquiring an additional 50,269,805 shares in the last quarter. Wedmont Private Capital raised its stake in Teledyne Technologies by 12.7% during the 2nd quarter. Wedmont Private Capital now owns 721 shares of the scientific and technical instruments company's stock worth $458,000 after acquiring an additional 81 shares during the period. Nvest Financial LLC raised its stake in Teledyne Technologies by 8.1% during the 2nd quarter. Nvest Financial LLC now owns 2,088 shares of the scientific and technical instruments company's stock worth $1,392,000 after acquiring an additional 156 shares during the period. Finally, Maren Capital LLC lifted its holdings in Teledyne Technologies by 4.1% during the second quarter. Maren Capital LLC now owns 376,928 shares of the scientific and technical instruments company's stock valued at $251,373,000 after purchasing an additional 14,806 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Needham & Company LLC upped their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Morgan Stanley lifted their target price on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an "equal weight" rating in a research note on Thursday, August 13th. Citigroup increased their price target on Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 1st. Weiss Ratings restated a "buy (b)" rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Finally, Zacks Research lowered Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $721.67.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Simon Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the completion of the transaction, the director directly owned 55,783 shares of the company's stock, valued at $37,951,406.22. This trade represents a 10.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.36% of the stock is currently owned by insiders.

Teledyne Technologies Stock Performance

NYSE:TDY opened at $595.03 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. Teledyne Technologies Incorporated has a 1 year low of $483.02 and a 1 year high of $697.67. The stock's 50 day simple moving average is $644.05 and its two-hundred day simple moving average is $638.36. The company has a market cap of $27.59 billion, a price-to-earnings ratio of 28.73, a PEG ratio of 2.63 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating analysts' consensus estimates of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the company earned $5.20 EPS. The company's quarterly revenue was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, equities analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current fiscal year.

About Teledyne Technologies

Teledyne Technologies Incorporated NYSE: TDY is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company's offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.

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