Groupe la Francaise purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) during the 1st quarter, Holdings Channel.com reports. The fund purchased 21,895 shares of the company’s stock, valued at approximately $6,494,000.
A number of other institutional investors have also modified their holdings of TER. Caitong International Asset Management Co. Ltd acquired a new position in shares of Teradyne in the 4th quarter valued at about $28,000. McIlrath & Eck LLC acquired a new stake in Teradyne during the first quarter worth about $30,000. CYBER HORNET ETFs LLC acquired a new stake in Teradyne during the second quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teradyne during the fourth quarter valued at approximately $37,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in Teradyne during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.
Teradyne Stock Up 0.6%
TER stock opened at $367.69 on Friday. The stock has a market capitalization of $57.56 billion, a P/E ratio of 50.44, a P/E/G ratio of 0.89 and a beta of 1.74. The firm has a 50-day simple moving average of $382.61 and a 200-day simple moving average of $337.07. Teradyne, Inc. has a 52 week low of $102.42 and a 52 week high of $487.91.
Teradyne Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, May 21st. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. Teradyne’s payout ratio is currently 7.13%.
Teradyne News Summary
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: AI demand produced record results: Teradyne reported second-quarter revenue of $1.33 billion, up 103.9% year over year and above the $1.22 billion analyst consensus. Adjusted earnings of $2.47 per share exceeded expectations of $2.09, while management tied the performance to rising demand for semiconductor testing associated with AI data centers, advanced chips and vehicles. TER Q2 Deep Dive: AI Demand Drives Growth Across Semiconductor Test and Robotics
- Positive Sentiment: Strong third-quarter outlook supports continued momentum: Teradyne’s projected third-quarter revenue midpoint of $1.25 billion was reportedly about 21% above analyst expectations. Increased wafer-fabrication investment, more complex chip designs and expanding memory opportunities are supporting demand for the company’s test systems. Teradyne Beats Q2 Expectations As AI Chip Demand Lifts Q3 Outlook
- Positive Sentiment: Robotics also contributed to growth: Teradyne Robotics revenue increased 33% year over year in the second quarter, adding diversification beyond semiconductor testing and reinforcing the company’s exposure to factory automation. Teradyne Robotics revenue rises 33% year over year in Q2
- Positive Sentiment: Analyst estimates and sentiment improved: Northland Securities raised its projected third- and fourth-quarter 2027 EPS to $2.05 and $1.86, respectively. Cantor Fitzgerald assigned an “Overweight” rating, while Morgan Stanley lifted its price target to $397 but retained an “Equal Weight” rating. Teradyne Earns Overweight Rating from Cantor Fitzgerald
- Neutral Sentiment: Investor consideration: The strong results have reinforced Teradyne’s AI-growth narrative, though the Morgan Stanley “Equal Weight” stance indicates that some analysts may view the improved outlook as largely reflected in the stock’s valuation.
Insider Activity
In related news, CEO Gregory Stephen Smith sold 8,597 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the completion of the sale, the chief executive officer directly owned 124,470 shares in the company, valued at approximately $42,192,840.60. The trade was a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the transaction, the vice president directly owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. This represents a 8.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,941 shares of company stock worth $5,444,112 over the last quarter. 0.19% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several research firms have commented on TER. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research report on Thursday, April 30th. Robert W. Baird set a $420.00 target price on shares of Teradyne in a report on Thursday. Weiss Ratings lowered shares of Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, July 20th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Stifel Nicolaus increased their price target on shares of Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $396.80.
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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