Amundi Sells 20,841 Shares of Teledyne Technologies Incorporated $TDY

Key Points

• Amundi reduced its Teledyne Technologies stake by 18.6% in the first quarter, selling 20,841 shares and retaining 91,509 shares valued at approximately $55.4 million. Institutional investors collectively own 91.58% of the company.
• Teledyne reported quarterly EPS of $6.28 and revenue of $1.66 billion, surpassing analyst estimates, while revenue increased 9.8% year over year. The company issued fiscal 2026 EPS guidance of $24.45–$24.65.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $715.83; Needham and Stifel recently raised their targets to $750 and $775, respectively.

Amundi lessened its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 18.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,509 shares of the scientific and technical instruments company's stock after selling 20,841 shares during the period. Amundi owned approximately 0.20% of Teledyne Technologies worth $55,364,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in Teledyne Technologies during the 1st quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teledyne Technologies in the fourth quarter worth about $28,000. DV Equities LLC bought a new position in shares of Teledyne Technologies in the fourth quarter worth approximately $33,000. Banque Cantonale Vaudoise purchased a new stake in shares of Teledyne Technologies during the third quarter valued at approximately $43,000. Finally, eCIO Inc. purchased a new stake in shares of Teledyne Technologies during the fourth quarter valued at approximately $47,000. Hedge funds and other institutional investors own 91.58% of the company's stock.

Teledyne Technologies Stock Up 0.2%

Teledyne Technologies stock opened at $657.18 on Monday. Teledyne Technologies Incorporated has a one year low of $483.02 and a one year high of $693.38. The stock has a fifty day moving average of $631.29 and a 200 day moving average of $633.84. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The stock has a market cap of $30.47 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 2.85 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (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 business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the company posted $5.20 EPS. The business'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, sell-side analysts predict that Teledyne Technologies Incorporated will post 24.69 EPS for the current year.

Analysts Set New Price Targets

TDY has been the subject of a number of recent analyst reports. Needham & Company LLC boosted their price objective on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Weiss Ratings reissued a "buy (b)" rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Jefferies Financial Group upgraded Teledyne Technologies to a "strong-buy" rating in a research note on Wednesday, June 10th. Stifel Nicolaus upped their price target on Teledyne Technologies from $750.00 to $775.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Finally, Citigroup lifted their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a "neutral" rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, Teledyne Technologies has an average rating of "Moderate Buy" and a consensus price target of $715.83.

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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