Bank of Montreal Can Buys 156,754 Shares of Teradyne, Inc. $TER

Bank of Montreal Can grew its stake in Teradyne, Inc. (NASDAQ:TERFree Report) by 126.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 281,205 shares of the company’s stock after buying an additional 156,754 shares during the period. Bank of Montreal Can’s holdings in Teradyne were worth $25,286,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Berbice Capital Management LLC increased its position in Teradyne by 200.0% during the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Manchester Capital Management LLC boosted its stake in shares of Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of Teradyne by 189.9% in the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock valued at $38,000 after purchasing an additional 302 shares during the last quarter. Steph & Co. acquired a new stake in shares of Teradyne during the second quarter worth $43,000. Finally, Bayforest Capital Ltd lifted its holdings in Teradyne by 195.5% in the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after buying an additional 346 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TER has been the subject of several research analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $180.00 price objective on shares of Teradyne in a research report on Wednesday, October 29th. Cowen reissued a “buy” rating on shares of Teradyne in a research note on Wednesday, July 30th. Robert W. Baird set a $195.00 price target on Teradyne in a report on Friday, October 31st. Northland Securities set a $186.00 price objective on shares of Teradyne in a research note on Thursday, October 30th. Finally, Bank of America raised shares of Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.06.

Check Out Our Latest Stock Report on TER

Teradyne Stock Down 1.4%

Shares of NASDAQ:TER opened at $185.02 on Friday. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $191.56. The stock’s 50 day moving average is $138.45 and its 200-day moving average is $107.33. The firm has a market capitalization of $28.98 billion, a price-to-earnings ratio of 67.28, a PEG ratio of 3.64 and a beta of 1.90.

Teradyne (NASDAQ:TERGet Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The business had revenue of $769.21 million during the quarter, compared to the consensus estimate of $744.20 million. During the same quarter last year, the firm posted $0.90 EPS. Teradyne’s revenue was up 4.3% compared to the same quarter last year. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. Equities research analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, September 5th. Teradyne’s dividend payout ratio is currently 17.45%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $145.24, for a total transaction of $160,925.92. Following the completion of the transaction, the chief executive officer owned 94,777 shares in the company, valued at approximately $13,765,411.48. The trade was a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 2,770 shares of company stock valued at $353,380. 0.16% of the stock is currently owned by company insiders.

About Teradyne

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TERFree Report).

Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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.