Venturi Wealth Management LLC acquired a new stake in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,621 shares of the company’s stock, valued at approximately $361,000.
Several other large investors also recently made changes to their positions in TER. Ameriprise Financial Inc. raised its stake in Teradyne by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock worth $442,413,000 after buying an additional 143,058 shares during the period. Federated Hermes Inc. increased its holdings in shares of Teradyne by 79.7% during the second quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock valued at $340,353,000 after acquiring an additional 1,679,215 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Teradyne by 11.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after purchasing an additional 354,876 shares during the period. Primecap Management Co. CA raised its position in shares of Teradyne by 58.6% during the second quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock worth $274,036,000 after purchasing an additional 1,125,868 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Teradyne by 2.5% in the 2nd quarter. Invesco Ltd. now owns 2,859,466 shares of the company’s stock worth $257,123,000 after purchasing an additional 68,568 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Citigroup boosted their price target on shares of Teradyne from $117.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a report on Wednesday, October 8th. Vertical Research downgraded shares of Teradyne from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research report on Friday. Stifel Nicolaus set a $225.00 target price on shares of Teradyne and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, UBS Group lifted their price target on Teradyne from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Twelve analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and an average price target of $191.06.
Insider Activity at Teradyne
In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the sale, the chief executive officer directly owned 93,409 shares in the company, valued at approximately $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.16% of the company’s stock.
Teradyne Price Performance
Shares of TER stock opened at $217.26 on Friday. The firm has a 50-day moving average of $189.86 and a 200-day moving average of $142.85. Teradyne, Inc. has a one year low of $65.77 and a one year high of $229.66. The company has a market cap of $34.03 billion, a P/E ratio of 79.00, a P/E/G ratio of 1.57 and a beta of 1.84.
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The business had revenue of $769.21 million during the quarter, compared to the consensus estimate of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 EPS. As a group, research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.
Teradyne Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is currently 17.45%.
Key Headlines Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: AI-driven demand and market inflows — Coverage highlights strong secular demand for semiconductor test and automation from AI infrastructure, and data showing a sizable “Big Money” inflow since June 2024 that has helped push the stock higher. Teradyne Rises on AI Demand, Bullish Inflows
- Positive Sentiment: Bank of America raised its price target and kept a Buy stance, boosting bullish analyst support and giving investors a higher benchmark (PT moved to $235). BofA Updates Semiconductor PTs
- Positive Sentiment: High-profile endorsement — Jim Cramer publicly expressed confidence in TER, which can help retail momentum and sentiment even if he cautioned about exuberance. Jim Cramer on Teradyne
- Neutral Sentiment: Options activity spiked — Unusually large options trades were reported, indicating speculative positioning that can amplify moves but doesn’t clarify directional conviction. Teradyne Target of Unusually Large Options Trading
- Neutral Sentiment: Investor guidance/earnings watch — Several pieces discuss expectations for TER’s next report; upcoming results and guidance will be key to validating the AI-demand story. Here’s what to expect from Teradyne’s next earnings report
- Negative Sentiment: Analyst downgrade and tighter upside — Vertical Research cut TER from Buy to Hold and set a $220 PT, signaling limited near-term upside from current levels and adding near-term pressure. Vertical Research Downgrades Teradyne
- Negative Sentiment: Valuation worries and profit-taking discussion — Multiple analysts and articles question whether TER is pricing in too much optimism after a strong multi‑year run; these pieces increase the case for a pullback or volatility. Is Teradyne Pricing In Too Much Optimism?
- Negative Sentiment: Recent short-term pullbacks — Reports note recent daily slides larger than the market, reflecting profit-taking and sensitivity to news. Teradyne Stock Slides
About Teradyne
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.
See Also
- Five stocks we like better than Teradyne
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- First Time Since 2007: All Warnings Active
- How the Rich Retire
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
