Securian Asset Management Inc. Trims Stock Position in Teradyne, Inc. $TER

Securian Asset Management Inc. lessened its stake in Teradyne, Inc. (NASDAQ:TER) by 1.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,346 shares of the company’s stock after selling 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Teradyne were worth $750,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TER. Fulton Bank N.A. boosted its position in Teradyne by 4.3% in the 2nd quarter. Fulton Bank N.A. now owns 2,722 shares of the company’s stock worth $245,000 after purchasing an additional 113 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Teradyne by 1.0% in the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company’s stock valued at $1,035,000 after purchasing an additional 124 shares during the period. Manchester Capital Management LLC boosted its holdings in Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock worth $37,000 after buying an additional 140 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its position in Teradyne by 0.3% during the first quarter. Federation des caisses Desjardins du Quebec now owns 51,076 shares of the company’s stock valued at $4,219,000 after buying an additional 166 shares during the period. Finally, Berbice Capital Management LLC increased its holdings in Teradyne by 200.0% in the first quarter. Berbice Capital Management LLC now owns 300 shares of the company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Teradyne

In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction that occurred on 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 sale, the chief executive officer owned 94,777 shares in the company, valued at approximately $13,765,411.48. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 3,324 shares of company stock worth $411,954. 0.16% of the stock is currently owned by insiders.

Teradyne Price Performance

TER opened at $144.28 on Friday. The company’s 50 day simple moving average is $127.84 and its two-hundred day simple moving average is $100.92. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $150.71. The firm has a market capitalization of $22.95 billion, a price-to-earnings ratio of 49.92, a price-to-earnings-growth ratio of 3.04 and a beta of 1.82.

Teradyne (NASDAQ:TER) last released its 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 business had revenue of $651.80 million for the quarter, compared to analyst estimates of $649.02 million. During the same period last year, the company posted $0.86 EPS. The business’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. On average, equities analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne’s payout ratio is presently 16.61%.

Analysts Set New Price Targets

Several research firms have recently issued reports on TER. Wall Street Zen raised shares of Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. UBS Group increased their target price on shares of Teradyne from $130.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday. Susquehanna increased their target price on shares of Teradyne from $133.00 to $200.00 and gave the stock a “positive” rating in a research note on Monday, September 22nd. Northland Securities set a $161.00 target price on shares of Teradyne in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $102.00 target price (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $128.43.

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.