Mirae Asset Global Investments Co. Ltd. raised its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 3.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 277,002 shares of the company’s stock after acquiring an additional 9,094 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Teradyne were worth $24,908,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of TER. Bourgeon Capital Management LLC increased its position in Teradyne by 139.9% in the second quarter. Bourgeon Capital Management LLC now owns 77,426 shares of the company’s stock worth $6,962,000 after buying an additional 45,155 shares in the last quarter. Poinciana Advisors Group LLC purchased a new stake in Teradyne in the second quarter worth about $282,000. Tealwood Asset Management Inc. increased its position in Teradyne by 42.7% in the second quarter. Tealwood Asset Management Inc. now owns 13,396 shares of the company’s stock worth $1,205,000 after buying an additional 4,008 shares in the last quarter. GC Wealth Management RIA LLC increased its position in Teradyne by 12.7% in the second quarter. GC Wealth Management RIA LLC now owns 5,840 shares of the company’s stock worth $525,000 after buying an additional 656 shares in the last quarter. Finally, Patton Fund Management Inc. purchased a new stake in Teradyne in the second quarter worth about $257,000. Institutional investors own 99.77% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have commented on TER shares. Cantor Fitzgerald set a $105.00 price target on Teradyne and gave the stock an “overweight” rating in a research report on Tuesday, June 24th. UBS Group restated a “buy” rating and issued a $130.00 price target (up previously from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $102.00 target price (up previously from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a research report on Saturday, September 27th. Finally, Wall Street Zen upgraded Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $118.63.
Insider Buying and Selling
In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $126.39, for a total transaction of $70,020.06. Following the completion of the transaction, the chief executive officer directly owned 95,885 shares of the company’s stock, valued at approximately $12,118,905.15. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 2,216 shares of company stock worth $251,028 over the last three months. 0.16% of the stock is currently owned by corporate insiders.
Teradyne Trading Up 0.8%
Shares of Teradyne stock opened at $145.64 on Friday. The stock has a 50 day moving average of $117.22 and a 200 day moving average of $94.85. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $149.46. The firm has a market cap of $23.17 billion, a PE ratio of 50.39, a PEG ratio of 3.04 and a beta of 1.82.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The company had revenue of $651.80 million during the quarter, compared to analyst estimates of $649.02 million. During the same period in the prior year, the company earned $0.86 earnings per share. The firm’s revenue was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, equities research analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.
Teradyne Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne’s dividend payout ratio is presently 16.61%.
Teradyne Profile
Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
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