TDY

In the past six months (April-October 2026), Teledyne Technologies' stock lost approximately 5% since June 30, 2026, following an all-time high of $697.67 on August 9, 2026, with subsequent profit-taking. Despite strong fiscal Q2 2026 earnings reported on July 22, 2026, with adjusted EPS of $6.28 (beating estimates by 8.4%) and revenue up 9.8% year-over-year to $1.66 billion, the stock declined about 13% from its August peak by September 30, 2026. The positive Q2 results were driven by robust demand in Digital Imaging, Instrumentation, and Aerospace and Defense segments, and the company raised its 2026 adjusted EPS guidance. Broader macroeconomic headwinds, including interest rate hike fears and surging Treasury yields, also pressured the stock. Other events include the agreement to acquire Varex Imaging Corporation for US$1.1 billion in August 2026 and the appointment of Mary Grace DeForest as VP IR and M&A on September 28, 2026, following Jason VanWees' planned retirement.