New York State Teachers Retirement System Reduces Position in Teradyne, Inc. $TER

New York State Teachers Retirement System lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,578 shares of the company’s stock after selling 3,055 shares during the period. New York State Teachers Retirement System’s holdings in Teradyne were worth $10,932,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Fulton Bank N.A. grew its stake in Teradyne by 4.3% during the 2nd quarter. Fulton Bank N.A. now owns 2,722 shares of the company’s stock valued at $245,000 after acquiring an additional 113 shares in the last quarter. HighTower Advisors LLC grew its stake in Teradyne by 1.0% during the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company’s stock valued at $1,035,000 after acquiring an additional 124 shares in the last quarter. Manchester Capital Management LLC grew its stake in Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock valued at $37,000 after acquiring an additional 140 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in Teradyne by 0.3% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 51,076 shares of the company’s stock valued at $4,219,000 after acquiring an additional 166 shares in the last quarter. Finally, Berbice Capital Management LLC grew its stake in Teradyne by 200.0% during the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TER. Northland Securities set a $161.00 price target on shares of Teradyne in a report on Tuesday, October 7th. Cantor Fitzgerald set a $105.00 price target on shares of Teradyne and gave the stock an “overweight” rating in a report on Tuesday, June 24th. Cowen restated a “buy” rating on shares of Teradyne in a report on Wednesday, July 30th. Stifel Nicolaus raised their price target on shares of Teradyne from $100.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, October 13th. Finally, UBS Group restated a “buy” rating and set a $130.00 price target (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.93.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $145.24, for a total value of $160,925.92. Following the completion of the transaction, the chief executive officer owned 94,777 shares of the company’s stock, valued at $13,765,411.48. This trade represents a 1.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders have sold 3,324 shares of company stock valued at $411,954. Company insiders own 0.16% of the company’s stock.

Teradyne Stock Performance

NASDAQ:TER opened at $138.16 on Friday. The stock has a market capitalization of $21.98 billion, a P/E ratio of 47.81, a PEG ratio of 2.90 and a beta of 1.82. The company has a 50 day moving average price of $124.66 and a 200 day moving average price of $98.66. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $150.71.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The firm had revenue of $651.80 million during the quarter, compared to analysts’ expectations of $649.02 million. During the same quarter last year, the company posted $0.86 EPS. The firm’s quarterly revenue was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Research analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 16.61%.

About Teradyne

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.