Caisse de depot et placement du Quebec acquired a new stake in Teradyne, Inc. (NASDAQ:TER – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 384,829 shares of the company’s stock, valued at approximately $186,196,000.
A number of other hedge funds have also recently modified their holdings of TER. Integrated Wealth Concepts LLC grew its position in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after buying an additional 468 shares during the period. Caxton Associates LLP acquired a new position in shares of Teradyne in the first quarter worth about $297,000. Cresset Asset Management LLC raised its position in shares of Teradyne by 11.6% in 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 period. NewEdge Advisors LLC boosted its stake in shares of Teradyne by 467.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after acquiring an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Teradyne by 5.1% during the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.
Insider Activity
In other news, CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares in the company, valued at $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by insiders.
Teradyne Trading Down 0.9%
Teradyne (NASDAQ:TER – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business’s quarterly revenue was up 103.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.57 earnings per share. On average, research analysts forecast that Teradyne, Inc. will post 9.1 earnings per share for the current year.
Teradyne Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, September 4th. Teradyne’s payout ratio is 7.13%.
Analysts Set New Price Targets
TER has been the subject of several recent analyst reports. Morgan Stanley lifted their price target on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Susquehanna increased their price target on Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Evercore reissued an “outperform” rating and issued a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. Citigroup boosted their price objective on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, UBS Group upped their target price on Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.
View Our Latest Analysis on Teradyne
Key Headlines Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne’s AI-driven datacenter exposure, strong memory demand and strategic initiatives are viewed as supporting further growth, potentially strengthening its position relative to Cisco and Vertiv. Strong Datacenter Growth Boosts TER’s Prospects Against CSCO & VRT
- Positive Sentiment: Industry analysts continue to identify Teradyne as a beneficiary of semiconductor infrastructure investment, expanded production capacity and resilient electronics demand, despite macroeconomic risks. Zacks Industry Outlook KLA, Teradyne and Garmin
- Positive Sentiment: A new quarterly dividend of $0.13 per share, payable September 25 to shareholders of record September 4, reinforces Teradyne’s shareholder-return strategy. Some analysis also suggests the stock could be undervalued following its recent decline. Teradyne Could Be 18% Undervalued
- Neutral Sentiment: Teradyne was featured in commentary as a potential “hidden AI play,” increasing visibility among investors seeking companies positioned to benefit from datacenter expansion. Jacob Sonenshine Sees MU Buy Opportunity, TER & SO as Hidden AI Plays
- Neutral Sentiment: Reported August short-interest data showed zero shares sold short and a zero-day days-to-cover ratio, providing no meaningful evidence of short-selling pressure; the figures may reflect incomplete or anomalous data.
- Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction followed a pre-planned Rule 10b5-1 schedule, reducing its signaling impact but potentially adding modest near-term caution. Teradyne CEO Gregory Smith Sells 4,000 Shares
- Negative Sentiment: The dividend announcement comes after a sharp recent pullback, while Teradyne’s valuation remains demanding at roughly 50 times earnings. Investors may be taking profits after the stock’s substantial year-to-date advance, despite strong earnings momentum.
Teradyne Profile
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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