Tealwood Asset Management Inc. raised its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 42.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,396 shares of the company’s stock after purchasing an additional 4,008 shares during the quarter. Tealwood Asset Management Inc.’s holdings in Teradyne were worth $1,205,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TER. GC Wealth Management RIA LLC raised its holdings in Teradyne by 12.7% in the 2nd quarter. GC Wealth Management RIA LLC now owns 5,840 shares of the company’s stock valued at $525,000 after acquiring an additional 656 shares during the last quarter. Patton Fund Management Inc. purchased a new stake in Teradyne during the 2nd quarter worth $257,000. Novem Group boosted its position in Teradyne by 17.6% during the 2nd quarter. Novem Group now owns 11,730 shares of the company’s stock worth $1,055,000 after purchasing an additional 1,753 shares during the period. CX Institutional boosted its position in Teradyne by 209.7% in the 2nd quarter. CX Institutional now owns 3,447 shares of the company’s stock valued at $310,000 after buying an additional 2,334 shares during the last quarter. Finally, Steph & Co. purchased a new position in Teradyne in the 2nd quarter valued at about $43,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on TER. Morgan Stanley raised shares of Teradyne from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $74.00 to $100.00 in a research report on Thursday, July 31st. Stifel Nicolaus upped their price objective on shares of Teradyne from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Thursday, July 31st. Wall Street Zen raised shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an “overweight” rating in a research report on Tuesday, June 24th. Finally, UBS Group reissued a “buy” rating and issued a $130.00 price objective (up from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $118.63.
Insiders Place Their Bets
In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $126.39, for a total transaction of $70,020.06. Following the sale, the chief executive officer owned 95,885 shares in the company, valued at $12,118,905.15. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 2,216 shares of company stock worth $251,028 in the last quarter. 0.16% of the stock is owned by corporate insiders.
Teradyne Stock Performance
Shares of TER stock opened at $134.33 on Tuesday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $144.16. The company’s 50-day simple moving average is $113.21 and its 200-day simple moving average is $93.45. The stock has a market capitalization of $21.37 billion, a price-to-earnings ratio of 46.48, a PEG ratio of 2.85 and a beta of 1.80.
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million for the quarter, compared to analysts’ expectations of $649.02 million. During the same quarter last year, the company posted $0.86 earnings per share. The company’s quarterly revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, research analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current year.
Teradyne Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.4%. Teradyne’s dividend payout ratio is 16.61%.
Teradyne Profile
Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
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