TD Asset Management Inc Lowers Stock Holdings in Teradyne, Inc. $TER

TD Asset Management Inc reduced its position in Teradyne, Inc. (NASDAQ:TER) by 37.0% in the 2nd quarter, Holdings Channel reports. The fund owned 45,880 shares of the company’s stock after selling 26,932 shares during the period. TD Asset Management Inc’s holdings in Teradyne were worth $4,126,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC grew its stake in Teradyne by 29.8% in the 1st quarter. DAVENPORT & Co LLC now owns 5,094 shares of the company’s stock worth $421,000 after acquiring an additional 1,170 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Teradyne by 17.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,760 shares of the company’s stock worth $11,893,000 after acquiring an additional 21,219 shares during the period. Park Avenue Securities LLC grew its stake in Teradyne by 116.7% in the 2nd quarter. Park Avenue Securities LLC now owns 6,598 shares of the company’s stock worth $593,000 after acquiring an additional 3,553 shares during the period. Crossmark Global Holdings Inc. grew its stake in Teradyne by 6.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 4,328 shares of the company’s stock worth $357,000 after acquiring an additional 261 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in Teradyne by 36.2% in the 1st quarter. Advisors Asset Management Inc. now owns 9,395 shares of the company’s stock worth $776,000 after acquiring an additional 2,498 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Trading Up 0.7%

Shares of Teradyne stock opened at $139.19 on Tuesday. The company has a fifty day moving average price of $125.35 and a 200 day moving average price of $99.32. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $150.71. The stock has a market cap of $22.14 billion, a price-to-earnings ratio of 48.16, a price-to-earnings-growth ratio of 2.90 and a beta of 1.82.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The firm had revenue of $651.80 million during the quarter, compared to analysts’ expectations of $649.02 million. During the same period in the prior year, the company earned $0.86 EPS. The firm’s revenue was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were issued a $0.12 dividend. The ex-dividend date was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne’s payout ratio is currently 16.61%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Morgan Stanley boosted their price objective on shares of Teradyne from $100.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. Stifel Nicolaus boosted their price objective on shares of Teradyne from $100.00 to $119.00 and gave the company a “hold” rating in a research note on Monday, October 13th. Cowen reissued a “buy” rating on shares of Teradyne in a research note on Wednesday, July 30th. The Goldman Sachs Group boosted their price objective on shares of Teradyne from $85.00 to $130.00 and gave the company a “sell” rating in a research note on Thursday, October 9th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $102.00 price objective (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.27.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total value of $160,925.92. Following the completion of the transaction, the chief executive officer directly owned 94,777 shares of the company’s stock, valued at $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 3,324 shares of company stock valued at $411,954. Corporate insiders own 0.16% of the company’s stock.

About Teradyne

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.