Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 7.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 316,126 shares of the company’s stock after purchasing an additional 21,900 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Teradyne were worth $28,426,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in TER. Manchester Capital Management LLC boosted its stake in Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the period. Brooklyn Investment Group lifted its holdings in shares of Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock valued at $38,000 after purchasing an additional 302 shares in the last quarter. Steph & Co. purchased a new position in shares of Teradyne during the second quarter valued at $43,000. Bayforest Capital Ltd grew its holdings in shares of Teradyne by 195.5% during 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 in the last quarter. Finally, Quaker Wealth Management LLC raised its position in Teradyne by 200.9% during the second quarter. Quaker Wealth Management LLC now owns 639 shares of the company’s stock valued at $57,000 after buying an additional 1,272 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.
Analysts Set New Price Targets
TER has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their target price on Teradyne from $122.00 to $190.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Northland Securities set a $186.00 price objective on shares of Teradyne in a research report on Thursday, October 30th. Bank of America upgraded shares of Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 target price for the company in a research report on Wednesday, October 29th. The Goldman Sachs Group lifted their target price on shares of Teradyne from $130.00 to $148.00 and gave the company a “sell” rating in a research note on Thursday, October 30th. Finally, Morgan Stanley boosted their price target on shares of Teradyne from $100.00 to $136.00 and gave the company an “equal weight” rating in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and a consensus price target of $164.06.
Teradyne Stock Down 3.7%
Shares of TER opened at $177.23 on Wednesday. The firm has a market cap of $27.76 billion, a price-to-earnings ratio of 64.45, a price-to-earnings-growth ratio of 3.64 and a beta of 1.90. The company’s fifty day moving average is $142.18 and its 200-day moving average is $110.07. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $191.56.
Teradyne (NASDAQ:TER – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $769.21 million during the quarter, compared to analyst estimates of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. Teradyne’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.90 EPS. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. As a group, research analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.
Teradyne Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th will be paid 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 is Monday, November 24th. Teradyne’s dividend payout ratio is 17.45%.
Insider Activity at Teradyne
In other news, CEO Gregory Stephen Smith sold 1,108 shares of the 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 transaction, the chief executive officer owned 94,777 shares of the company’s stock, valued at approximately $13,765,411.48. This represents a 1.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders sold 2,216 shares of company stock worth $294,656. Corporate insiders own 0.16% of the company’s stock.
Teradyne Company Profile
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.
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