HighTower Advisors LLC Has $58.76 Million Stock Holdings in Teradyne, Inc. $TER

HighTower Advisors LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 15.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,580 shares of the company’s stock after acquiring an additional 40,153 shares during the period. HighTower Advisors LLC’s holdings in Teradyne were worth $58,761,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock valued at $2,947,935,000 after acquiring an additional 444,940 shares in the last quarter. State Street Corp raised its holdings in Teradyne by 0.3% in the 3rd quarter. State Street Corp now owns 7,017,649 shares of the company’s stock valued at $965,909,000 after acquiring an additional 24,154 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Teradyne by 6.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock valued at $723,600,000 after acquiring an additional 336,757 shares in the last quarter. Invesco Ltd. raised its holdings in Teradyne by 3.5% in the 3rd quarter. Invesco Ltd. now owns 2,959,330 shares of the company’s stock valued at $407,322,000 after acquiring an additional 99,864 shares in the last quarter. Finally, Alkeon Capital Management LLC raised its holdings in Teradyne by 48.6% in the 3rd quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock valued at $395,427,000 after acquiring an additional 940,000 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TER shares. Northland Securities reiterated a “market perform” rating and issued a $270.00 price target on shares of Teradyne in a research note on Wednesday, February 4th. TD Cowen reiterated a “buy” rating on shares of Teradyne in a research note on Thursday, January 22nd. Evercore set a $370.00 price target on Teradyne in a research note on Thursday, April 30th. UBS Group lifted their price target on Teradyne from $325.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, Bank of America lifted their price target on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Teradyne has an average rating of “Moderate Buy” and an average price target of $339.80.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 8,597 shares of the business’s stock in a transaction 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 sale, the chief executive officer owned 124,470 shares in the company, valued at $42,192,840.60. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the sale, the vice president owned 7,665 shares in the company, valued at $2,894,304. This represents a 8.15% decrease in their position. 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 own 0.19% of the company’s stock.

Teradyne Stock Performance

Shares of TER opened at $344.34 on Thursday. Teradyne, Inc. has a 52-week low of $75.99 and a 52-week high of $422.11. The business’s fifty day moving average is $337.98 and its 200-day moving average is $267.84. The firm has a market cap of $53.90 billion, a price-to-earnings ratio of 63.77, a PEG ratio of 1.32 and a beta of 1.79.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.45. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The company’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.75 EPS. As a group, research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be given a dividend of $0.13 per share. The ex-dividend date is Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio is presently 9.63%.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne reported that UltraFLEXplus shipments have more than doubled over the past nine months, signaling accelerating demand for chip-testing equipment tied to AI infrastructure. Teradyne Rides on Strong UltraFLEXplus Demand: More Upside Ahead?
• Positive Sentiment: Investors are also reacting to continued optimism around Teradyne’s post-earnings rebound, with the company’s AI, memory, and advanced test opportunities supporting the case for further upside. Teradyne jumps 6.1% as investors extend post-earnings rebound amid AI test optimism
• Positive Sentiment: Recent analyst commentary has been constructive, with firms reiterating or raising bullish ratings and price targets, which can support sentiment and keep buyers interested in the stock. Teradyne Rides on Strong UltraFLEXplus Demand: More Upside Ahead?

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.