Silverleafe Capital Partners LLC Acquires New Shares in Teradyne, Inc. $TER

Silverleafe Capital Partners LLC bought a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 2,417 shares of the company’s stock, valued at approximately $969,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Leeward Financial Partners LLC bought a new position in shares of Teradyne during the 2nd quarter worth approximately $3,735,000. Legal & General Group Plc bought a new stake in Teradyne in the 2nd quarter valued at $656,058,000. B. Metzler seel. Sohn & Co. AG bought a new stake in Teradyne in the 2nd quarter valued at $4,826,000. Handelsbanken Fonder AB lifted its holdings in Teradyne by 2.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 127,990 shares of the company’s stock valued at $61,927,000 after purchasing an additional 3,250 shares during the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in Teradyne by 2.6% during the 1st quarter. New York State Teachers Retirement System now owns 125,612 shares of the company’s stock valued at $37,239,000 after purchasing an additional 3,140 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on TER. Robert W. Baird reiterated a “neutral” rating and issued a $420.00 price objective on shares of Teradyne in a report on Friday, August 21st. Susquehanna raised their target price on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Zacks Research downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday. Evercore reiterated an “outperform” rating and issued a $420.00 price target on shares of Teradyne in a research note on Thursday, July 30th. Finally, Wall Street Zen lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research note on Monday. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $396.80.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Expanded memory-test portfolio supports AI growth. Teradyne is broadening its offerings for HBM, DRAM and NAND testing, with its Magnum E2 platform aimed at next-generation AI and high-performance-computing applications. Rising demand for AI infrastructure could increase demand for Teradyne’s test systems and improve its exposure to the memory-market recovery. Teradyne Expands Memory Test Portfolio: Can It Beat KLAC & COHU?
• Positive Sentiment: Broad semiconductor-sector strength is lifting sentiment. Teradyne traded higher alongside MACOM, Texas Instruments, Semtech and Amkor, indicating continued investor interest in chipmakers and companies benefiting from AI and semiconductor capital spending. The report does not identify a separate Teradyne-specific announcement behind the move. MACOM, Texas Instruments, Semtech, Amkor, and Teradyne stocks trade up
• Neutral Sentiment: Robotics exposure remains an investment theme. Teradyne continues to appear on lists of robotics stocks to watch, reflecting interest in its industrial-automation and robotics businesses, but the article provides no new company-specific financial catalyst. Promising Robotics Stocks To Watch Today
• Negative Sentiment: Valuation creates downside risk. Analysts note that Teradyne’s AI-testing growth is impressive, but much of the expected expansion may already be reflected in the stock’s valuation. With a reported P/E ratio of about 61.6, any slowdown in AI or semiconductor demand could prompt profit-taking. Teradyne: AI Test Demand Is Exploding, But The Valuation Already Reflects A Lot Of Growth

Insider Buying and Selling

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the transaction, the chief executive officer owned 108,495 shares in the company, valued at $36,652,865.85. This trade represents a 3.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 Price Performance

Teradyne stock traded up $33.25 during midday trading on Friday, hitting $449.04. The company’s stock had a trading volume of 3,398,827 shares, compared to its average volume of 3,574,884. The company has a market cap of $70.20 billion, a price-to-earnings ratio of 61.60, a PEG ratio of 0.81 and a beta of 1.75. Teradyne, Inc. has a 1-year low of $131.75 and a 1-year high of $487.91. The company has a 50-day moving average price of $373.10 and a two-hundred day moving average price of $367.34.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business posted $0.57 EPS. The business’s revenue was up 103.9% compared to the same quarter last year. Sell-side analysts forecast that Teradyne, Inc. will post 9.11 EPS for the current year.

Teradyne Dividend Announcement

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

Teradyne Company Profile

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.