Profund Advisors LLC reduced its stake in Teradyne, Inc. (NASDAQ:TER – Free Report) by 9.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,643 shares of the company’s stock after selling 2,065 shares during the period. Profund Advisors LLC’s holdings in Teradyne were worth $7,875,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in TER. BlackRock Inc. acquired a new position in Teradyne during the 2nd quarter worth approximately $9,404,408,000. Andar Capital Management HK Ltd acquired a new stake in Teradyne in the second quarter valued at approximately $37,800,000. State Street Corp grew its position in shares of Teradyne by 4.6% in the second quarter. State Street Corp now owns 7,290,460 shares of the company’s stock valued at $3,527,416,000 after purchasing an additional 320,034 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Teradyne by 5.0% during the 2nd quarter. Van ECK Associates Corp now owns 2,607,914 shares of the company’s stock worth $1,261,813,000 after purchasing an additional 123,549 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Teradyne by 0.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,978,124 shares of the company’s stock worth $957,096,000 after buying an additional 12,659 shares in the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the transaction, the chief executive officer owned 104,495 shares of the company’s stock, valued at approximately $35,662,053.60. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 12,000 shares of company stock valued at $4,416,440. Company insiders own 0.19% of the company’s stock.
Teradyne News Roundup
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne’s latest quarterly results showed strong momentum: revenue reached $1.31 billion, up nearly 70% year over year, while EPS of $2.29 exceeded the $2.09 consensus estimate. Management also highlighted expanding AI-compute programs, record memory-test revenue, and capacity investments supporting potential growth in 2027. Teradyne Q3 Earnings Call Highlights AI Demand and 2027 Growth Plans
- Positive Sentiment: Northland Securities raised its FY2026 EPS forecast to $9.40 from $9.34 and increased its Q2 2027 estimate to $2.63 from $2.50. Both forecasts are above the current full-year consensus estimate of $9.17, signaling expectations for continued earnings growth. Teradyne analyst estimate updates
- Positive Sentiment: UBS lowered its price target to $430 from $485 but retained a Buy rating. The revised target still implies substantial upside based on the referenced trading level, suggesting UBS views the long-term AI and automation opportunity as intact. UBS Teradyne price-target update
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. UBS Group decreased their target price on Teradyne from $485.00 to $430.00 and set a “buy” rating for the company in a research note on Thursday. Evercore restated an “outperform” rating and set a $420.00 price objective on shares of Teradyne in a research report on Thursday, July 30th. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 29th. The Goldman Sachs Group set a $440.00 target price on Teradyne in a research report on Wednesday. Finally, Zacks Research downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and an average price target of $405.86.
Get Our Latest Analysis on TER
Teradyne Stock Down 7.4%
TER stock opened at $274.37 on Friday. The business’s 50-day moving average price is $364.20 and its 200-day moving average price is $348.40. The stock has a market cap of $42.90 billion, a P/E ratio of 31.50, a PEG ratio of 0.54 and a beta of 1.75. Teradyne, Inc. has a twelve month low of $151.52 and a twelve month high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.20. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The company’s quarterly revenue was up 69.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share. On average, equities research analysts expect that Teradyne, Inc. will post 9.36 earnings per share for the current fiscal year.
Teradyne Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were given a $0.13 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.52 annualized dividend and a dividend yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is 5.97%.
Teradyne Company Profile
Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.
The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.
Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.
Featured Stories
- Five stocks we like better than Teradyne
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
