Illinois Municipal Retirement Fund boosted its stake in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,713 shares of the company’s stock after acquiring an additional 1,830 shares during the quarter. Illinois Municipal Retirement Fund owned about 0.07% of Teradyne worth $20,462,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in TER. Integrated Wealth Concepts LLC increased its stake in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after acquiring an additional 468 shares during the last quarter. Caxton Associates LLP bought a new stake in Teradyne during the first quarter worth approximately $297,000. Cresset Asset Management LLC increased its stake in Teradyne by 11.6% during the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock worth $608,000 after acquiring an additional 702 shares during the last quarter. NewEdge Advisors LLC increased its stake in Teradyne by 467.1% during the second quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after acquiring an additional 2,807 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in Teradyne by 5.1% during the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock worth $6,755,000 after acquiring an additional 3,651 shares during the last quarter. 99.77% of the stock is owned by institutional investors.
Teradyne Trading Down 5.9%
Shares of NASDAQ:TER opened at $347.59 on Thursday. The company has a market capitalization of $54.41 billion, a price-to-earnings ratio of 64.37, a PEG ratio of 1.52 and a beta of 1.79. Teradyne, Inc. has a 12 month low of $83.00 and a 12 month high of $422.11. The firm’s 50-day moving average is $360.72 and its 200 day moving average is $288.90.
Teradyne Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 21st will be paid a $0.13 dividend. The ex-dividend date is Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s payout ratio is currently 9.63%.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research note on Thursday, April 30th. Robert W. Baird set a $350.00 price objective on Teradyne in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Wall Street Zen upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Morgan Stanley set a $387.00 price target on shares of Teradyne in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $339.80.
Check Out Our Latest Stock Analysis on Teradyne
Trending Headlines about Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne’s AI-driven test business is gaining traction, with AI demand approaching 70% of revenues and new platforms opening additional opportunities in data centers. Teradyne’s AI Push Gains Traction: Is the Growth Thesis Strengthening?
- Positive Sentiment: Analyst commentary also points to strong recent fundamentals, including a sharply higher profit level in the latest quarter, supporting the view that Teradyne’s earnings power remains solid. Chip Testing Stock Sees More Red, Yet Wall Street Has High Profit Hopes
- Neutral Sentiment: Teradyne was highlighted in broader robotics and automation industry coverage, which reinforces the company’s exposure to long-term AI and robotics demand, but does not point to a direct near-term catalyst. Best Robotics Stocks Worth Watching – June 7th
- Neutral Sentiment: Recent short-interest data was reported, but the figures were effectively flat and did not provide a meaningful new signal for the stock. Teradyne (TER) Registers a Bigger Fall Than the Market: Important Facts to Note
- Negative Sentiment: The immediate market reaction has been negative, with TER underperforming the broader market and slipping sharply in the latest session, suggesting investors are focused on valuation and short-term volatility. Teradyne (TER) Registers a Bigger Fall Than the Market: Important Facts to Note
Insiders Place Their Bets
In other Teradyne news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the transaction, the vice president directly owned 7,665 shares in the company, valued at $2,894,304. This represents a 8.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the transaction, the insider owned 15,066 shares in the company, valued at $5,203,344.42. This represents a 6.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 10,941 shares of company stock worth $3,751,992 in the last three months. Corporate insiders own 0.19% of the company’s stock.
About Teradyne
Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.
The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.
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