Alberta Investment Management Corp Lowers Holdings in Teradyne, Inc. $TER

Alberta Investment Management Corp cut its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 21.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,500 shares of the company’s stock after selling 11,400 shares during the quarter. Alberta Investment Management Corp’s holdings in Teradyne were worth $5,712,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Teradyne during the 2nd quarter worth approximately $152,854,000. Federated Hermes Inc. boosted its position in shares of Teradyne by 79.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock worth $340,353,000 after buying an additional 1,679,215 shares in the last quarter. Amundi grew its position in shares of Teradyne by 255.3% in the second quarter. Amundi now owns 1,812,001 shares of the company’s stock valued at $170,654,000 after purchasing an additional 1,302,025 shares during the last quarter. Primecap Management Co. CA increased its stake in shares of Teradyne by 58.6% during the 2nd quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock worth $274,036,000 after purchasing an additional 1,125,868 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its position in shares of Teradyne by 65.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after purchasing an additional 856,540 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares of the company’s stock, valued at approximately $18,804,165.79. This represents a 1.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.16% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently commented on TER shares. iA Financial set a $175.00 price objective on Teradyne in a research note on Tuesday, October 28th. Royal Bank Of Canada set a $270.00 price objective on shares of Teradyne in a research report on Monday, February 2nd. Northland Securities reaffirmed a “market perform” rating and issued a $270.00 target price on shares of Teradyne in a research note on Wednesday, February 4th. Vertical Research cut Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a report on Friday, January 9th. Finally, Citigroup increased their target price on Teradyne from $215.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $256.24.

Teradyne Stock Performance

TER stock opened at $314.82 on Thursday. The firm has a 50 day simple moving average of $236.11 and a 200 day simple moving average of $175.93. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $327.99. The stock has a market cap of $49.30 billion, a P/E ratio of 90.47, a P/E/G ratio of 1.89 and a beta of 1.83.

Teradyne (NASDAQ:TER) last issued its earnings results on Monday, February 2nd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 earnings per share. Teradyne has set its Q1 2026 guidance at 1.890-2.250 EPS. Sell-side analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be issued a $0.12 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio is currently 14.94%.

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.