Swedbank AB Buys 17,238 Shares of Teradyne, Inc. $TER

Swedbank AB boosted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 46.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 54,340 shares of the company’s stock after buying an additional 17,238 shares during the quarter. Swedbank AB’s holdings in Teradyne were worth $16,110,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. UMB Bank n.a. raised its stake in shares of Teradyne by 1.8% in the fourth quarter. UMB Bank n.a. now owns 2,293 shares of the company’s stock worth $444,000 after buying an additional 40 shares during the period. Stephens Inc. AR increased its holdings in Teradyne by 1.2% in the 4th quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after acquiring an additional 41 shares in the last quarter. Sapient Capital LLC increased its holdings in Teradyne by 1.5% in the 4th quarter. Sapient Capital LLC now owns 2,849 shares of the company’s stock worth $560,000 after acquiring an additional 43 shares in the last quarter. Whittier Trust Co. raised its stake in Teradyne by 5.5% during the 1st quarter. Whittier Trust Co. now owns 827 shares of the company’s stock worth $261,000 after acquiring an additional 43 shares during the period. Finally, Truvestments Capital LLC raised its stake in Teradyne by 3.8% during the 4th quarter. Truvestments Capital LLC now owns 1,440 shares of the company’s stock worth $279,000 after acquiring an additional 53 shares during the period. Institutional investors own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TER shares. Citigroup increased their price objective on shares of Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Robert W. Baird lifted their target price on shares of Teradyne from $350.00 to $446.00 and gave the company an “outperform” rating in a research note on Tuesday, June 23rd. UBS Group upped their target price on shares of Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Stifel Nicolaus increased their price target on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Susquehanna raised their price target on Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Teradyne has an average rating of “Moderate Buy” and a consensus target price of $390.53.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Zacks says Teradyne is benefiting from strong AI-driven data center growth, record revenue momentum, and new test-solution launches, which could support further upside if demand stays strong. Teradyne Stock Rides on Strong Datacenter Growth: More Upside Ahead?
• Positive Sentiment: Cantor Fitzgerald raised its price target on Teradyne to $550 from $400 and kept an Overweight rating, citing the AI infrastructure buildout as part of a “generational semiconductor cycle.” Cantor Fitzgerald Increases its Price Target on Teradyne, Inc. (TER)
• Positive Sentiment: Coverage highlighting Teradyne as a top momentum stock and its shift into growth-oriented index categories reinforces the view that investors are increasingly treating TER as an AI and industrial automation play. Why Teradyne (TER) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Recent articles note Teradyne’s shares have been volatile, with sharp swings even as the longer-term trend remains positive, suggesting sentiment is being driven by momentum rather than fundamentals alone. Can Teradyne (TER) Justify Its Price After AI Test And Robotics Optimism?
• Negative Sentiment: One analysis warns that competition is intensifying, which could pressure how much of the AI-related upside Teradyne can capture if rivals ramp up aggressively. Teradyne Stock Rides on Strong Datacenter Growth: More Upside Ahead?

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $362.75 on Friday. The firm has a market cap of $56.78 billion, a price-to-earnings ratio of 67.18, a P/E/G ratio of 1.02 and a beta of 1.74. The firm has a fifty day moving average price of $383.30 and a 200 day moving average price of $322.08. Teradyne, Inc. has a fifty-two week low of $88.60 and a fifty-two week high of $487.91.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.45. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 EPS. As a group, research analysts predict that Teradyne, Inc. will post 7.2 earnings per share for the current year.

Teradyne Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, May 21st were given a $0.13 dividend. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is presently 9.63%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 4,000 shares of Teradyne stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $423.03, for a total value of $1,692,120.00. Following the sale, the chief executive officer owned 120,470 shares of the company’s stock, valued at $50,962,424.10. The trade was a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total value of $232,880.00. Following the sale, the insider directly owned 15,722 shares in the company, valued at $5,581,310. This trade represents a 4.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 14,941 shares of company stock worth $5,444,112. Corporate insiders own 0.19% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.