Primecap Management Co. CA Acquires Shares of 485,840 Teradyne, Inc. $TER

Primecap Management Co. CA bought a new position in Teradyne, Inc. (NASDAQ:TER) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 485,840 shares of the company’s stock, valued at approximately $235,069,000. Primecap Management Co. CA owned approximately 0.31% of Teradyne at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Community Financial Services Group LLC purchased a new stake in shares of Teradyne in the second quarter valued at about $29,000. Elevation Wealth Partners LLC raised its stake in Teradyne by 1,320.0% during the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after purchasing an additional 66 shares during the period. Mcdonald Partners LLC acquired a new position in Teradyne in the 2nd quarter valued at about $36,000. Hilltop National Bank acquired a new position in Teradyne in the 2nd quarter valued at about $41,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Teradyne in the 1st quarter valued at approximately $30,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne declared a quarterly cash dividend of $0.13 per share, payable September 25 to shareholders of record as of September 4. Although the roughly 0.1% yield is modest, the payment reinforces management’s shareholder-return policy. Teradyne Declares Quarterly Cash Dividend
• Positive Sentiment: Analyst commentary identified TER as an AI infrastructure play, while broader electronics-industry investment in infrastructure and expanded capacity could benefit Teradyne’s semiconductor and robotics testing businesses. 3 Electronics Stocks Set to Benefit From a Prospering Industry
• Positive Sentiment: Teradyne remains on analysts’ earnings radar, with annual profit estimates reportedly rising. The company’s latest quarterly results also showed substantial year-over-year revenue growth and an earnings beat, supporting the longer-term growth narrative. Teradyne, Lumentum Back On Analysts’ Earnings Radar
• Neutral Sentiment: Reported short interest was listed at zero shares, with zero days to cover. Because the figures show no short position and an “NaN” change, the data appears unreliable and offers no meaningful short-squeeze signal.
• Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction occurred under a pre-planned Rule 10b5-1 schedule, reducing its significance as a signal of deteriorating management confidence, but insider selling can still weigh modestly on sentiment. Teradyne CEO Gregory Smith Sells Shares

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TER. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price for the company in a research note on Thursday, April 30th. Robert W. Baird reiterated a “neutral” rating and set a $420.00 price target on shares of Teradyne in a report on Friday, August 21st. Morgan Stanley raised their price objective on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Cantor Fitzgerald restated an “overweight” rating and issued a $550.00 price objective on shares of Teradyne in a report on Wednesday, July 29th. Finally, UBS Group upped their target price on shares of Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $396.80.

Teradyne Stock Up 0.4%

TER stock opened at $366.43 on Wednesday. The business has a 50 day moving average price of $384.25 and a 200 day moving average price of $355.78. The stock has a market cap of $57.29 billion, a price-to-earnings ratio of 50.26, a PEG ratio of 0.74 and a beta of 1.78. Teradyne, Inc. has a fifty-two week low of $109.56 and a fifty-two week high of $487.91.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.38. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates 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 company posted $0.57 earnings per share. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is currently 7.13%.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction on 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 owned 112,495 shares in the company, valued at approximately $47,810,375. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is currently owned by company insiders.

Teradyne Company 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.