Teradyne, Inc. $TER Holdings Increased by IPG Investment Advisors LLC

IPG Investment Advisors LLC lifted its holdings in Teradyne, Inc. (NASDAQ:TER) by 924.1% in the third quarter, Holdings Channel reports. The fund owned 5,530 shares of the company’s stock after purchasing an additional 4,990 shares during the quarter. IPG Investment Advisors LLC’s holdings in Teradyne were worth $2,217,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC lifted its stake in shares of Teradyne by 42.5% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after purchasing an additional 34 shares during the last quarter. Purus Wealth Management LLC raised its holdings in Teradyne by 0.3% during the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock valued at $4,468,000 after buying an additional 35 shares during the period. Pinnacle Associates Ltd. lifted its position in Teradyne by 1.8% in the third quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after buying an additional 35 shares during the last quarter. Vestor Capital LLC lifted its position in Teradyne by 15.4% in the first quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after buying an additional 38 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in Teradyne by 5.8% in the second quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after buying an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: UBS sees substantial upside: Despite Teradyne’s recent weekly decline, UBS reportedly sees 61% upside, offering a bullish counterpoint to the selloff. Teradyne Lost 17% in a Week. UBS Still Sees 61% Upside
• Positive Sentiment: Growth and AI-related optimism: Coverage describes Teradyne as a strong growth stock, while another report points to robotics profitability broadening the company’s AI growth profile. These themes may reinforce investor expectations for growth. Teradyne (TER) is an Incredible Growth Stock: 3 Reasons Why Teradyne stock: Robotics profitability broadens AI growth profile
• Positive Sentiment: Estimate revisions and oversold conditions: Zacks cited higher analyst earnings estimates and technically oversold conditions as reasons the stock could be positioned for a reversal after its steep decline. Down 38.9% in 4 Weeks, Here’s Why You Should You Buy the Dip in Teradyne
• Neutral Sentiment: A comparison of Teradyne and Flex as value stocks offers investors a valuation perspective, but the available article summary does not state which company it favors. FLEX or TER: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: The recent reports note a steep short-term share-price decline, highlighting ongoing volatility even as some analysts see recovery potential.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the transaction, the chief executive officer directly owned 104,495 shares in the company, valued at $35,662,053.60. This represents a 3.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,000 shares of company stock valued at $4,416,440 over the last ninety days. 0.19% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Evercore reiterated an “outperform” rating and set a $420.00 price objective on shares of Teradyne in a research report on Thursday, July 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Friday, October 30th. Robert W. Baird lowered shares of Teradyne from an “outperform” rating to a “neutral” rating and set a $420.00 target price for the company. in a report on Friday, August 21st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $550.00 price target on shares of Teradyne in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $440.00 price target on shares of Teradyne in a report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Teradyne presently has an average rating of “Moderate Buy” and an average target price of $405.86.

Teradyne Stock Up 3.2%

Shares of NASDAQ TER opened at $269.35 on Wednesday. Teradyne, Inc. has a twelve month low of $151.52 and a twelve month high of $487.91. The firm has a market cap of $42.05 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 0.51 and a beta of 1.73. The business has a fifty day simple moving average of $360.00 and a two-hundred day simple moving average of $348.75.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.20. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.27 billion. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The business’s revenue was up 69.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 EPS. On average, research analysts expect that Teradyne, Inc. will post 9.36 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were paid a $0.13 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio is 5.97%.

Teradyne Profile

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.