Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) in the 3rd quarter, Holdings Channel reports. The fund purchased 367,810 shares of the company’s stock, valued at approximately $147,459,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Carolina Wealth Advisors LLC lifted its position in Teradyne by 42.5% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after acquiring an additional 34 shares in the last quarter. Purus Wealth Management LLC boosted its stake in Teradyne by 0.3% during the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock valued at $4,468,000 after purchasing an additional 35 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of Teradyne by 1.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after purchasing an additional 35 shares in the last quarter. Vestor Capital LLC increased its holdings in shares of Teradyne by 15.4% in the 1st quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after purchasing an additional 38 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after purchasing an additional 40 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.
Teradyne Trading Down 7.4%
NASDAQ:TER opened at $274.37 on Friday. The company has a market cap of $42.90 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 0.54 and a beta of 1.75. The company has a 50 day simple moving average of $364.20 and a two-hundred day simple moving average of $348.40. Teradyne, Inc. has a 12 month low of $151.52 and a 12 month high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.09 by $0.20. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. Teradyne’s revenue was up 69.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 earnings per share. Research analysts forecast that Teradyne, Inc. will post 9.36 earnings per share for the current year.
Teradyne Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, September 4th. Teradyne’s payout ratio is currently 5.97%.
Analyst Upgrades and Downgrades
TER has been the subject of several recent analyst reports. Morgan Stanley boosted their price target on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. UBS Group dropped their price objective on Teradyne from $485.00 to $430.00 and set a “buy” rating on the stock in a research report on Thursday. The Goldman Sachs Group set a $440.00 price objective on Teradyne in a report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 target price on shares of Teradyne in a research report on Wednesday, July 29th. Finally, Zacks Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $405.86.
View Our Latest Analysis on Teradyne
Key Headlines Impacting Teradyne
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
Insider Activity
In other news, CEO Gregory Smith sold 4,000 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the sale, the chief executive officer owned 104,495 shares of the company’s stock, valued at $35,662,053.60. This represents a 3.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 12,000 shares of company stock worth $4,416,440. Insiders own 0.19% of the company’s stock.
Teradyne 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.
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