Wealth Enhancement Trust Services Inc. boosted its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 1,947.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,444 shares of the company’s stock after acquiring an additional 4,227 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in Teradyne were worth $1,782,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in the company. Central Pacific Bank Trust Division bought a new position in Teradyne during the 3rd quarter worth $146,000. Silverleafe Capital Partners LLC bought a new stake in shares of Teradyne during the 3rd quarter worth approximately $969,000. Polaris Financial Partners acquired a new stake in shares of Teradyne during the 3rd quarter worth approximately $113,000. GoalVest Advisory LLC increased its stake in Teradyne by 7.9% in the third quarter. GoalVest Advisory LLC now owns 8,890 shares of the company’s stock valued at $3,564,000 after acquiring an additional 654 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Teradyne by 3.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,776 shares of the company’s stock worth $712,000 after buying an additional 59 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.
Key Teradyne News
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne introduced the Titan HP platform, which adds burn-in capabilities for advanced AI data-center devices. The system is designed to reduce testing costs and factory-floor space while accelerating customers’ time to market, supporting demand for Teradyne’s semiconductor test equipment. Teradyne Introduces Titan HP Platform
- Positive Sentiment: The company also launched the Magnum E2 memory test platform for advanced DRAM and high-speed NAND flash, potentially benefiting from continued AI-related memory investment. Magnum E2 Addresses Advanced DRAM and NAND Flash
- Positive Sentiment: Teradyne plans to collaborate with and invest in Bright Machines, pairing its robotics and semiconductor-test technologies with Bright Machines’ software-defined manufacturing platform. The partnership could expand Teradyne’s exposure to automated AI-infrastructure manufacturing. Teradyne Invests in Bright Machines
- Neutral Sentiment: Analysts expect strong triple-digit year-over-year earnings-per-share growth in the upcoming third quarter, supported by AI-driven memory-test demand. However, the outlook is already reflected in an elevated valuation after TER’s strong annual gain. Teradyne Earnings Preview
- Negative Sentiment: Investor concerns include premium valuation, possible margin pressure, and competition from Advantest. One analysis specifically questioned Teradyne’s competitive position despite strong AI demand. Advantest Leading Signal Report
- Negative Sentiment: ARK Invest founder Cathie Wood reportedly sold Teradyne shares, adding a modest sentiment headwind. The cobot dispute with Elite Robots was settled, removing a legal overhang but offering limited immediate financial impact. Cathie Wood Sells Teradyne
Teradyne Stock Performance
Teradyne (NASDAQ:TER – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.Teradyne’s revenue for the quarter was up 103.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share. On average, research analysts anticipate that Teradyne, Inc. will post 9.11 earnings per share for the current year.
Teradyne Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, September 4th. Teradyne’s dividend payout ratio (DPR) is currently 7.13%.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on TER. Morgan Stanley raised their target price on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Robert W. Baird restated a “neutral” rating and issued a $420.00 target price on shares of Teradyne in a report on Friday, August 21st. Bank of America increased their price target on Teradyne from $365.00 to $525.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Evercore restated an “outperform” rating and issued a $420.00 price target on shares of Teradyne in a report on Thursday, July 30th. Finally, Susquehanna upped their price objective on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and an average target price of $396.80.
Get Our Latest Research Report on Teradyne
Insiders Place Their Bets
In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the sale, the chief executive officer owned 108,495 shares of the company’s stock, valued at $36,652,865.85. The trade was a 3.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.19% of the company’s stock.
Teradyne Company Profile
Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.
Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.
Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.
Recommended Stories
- Five stocks we like better than Teradyne
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
