Kovack Advisors Inc. Invests $1.80 Million in Teradyne, Inc. $TER

Kovack Advisors Inc. acquired a new position in Teradyne, Inc. (NASDAQ:TER) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 19,957 shares of the company’s stock, valued at approximately $1,795,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Berbice Capital Management LLC raised its stake in shares of Teradyne by 200.0% in the first quarter. Berbice Capital Management LLC now owns 300 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Manchester Capital Management LLC raised its stake in shares of Teradyne by 44.7% in the first quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock worth $38,000 after purchasing an additional 302 shares during the last quarter. Steph & Co. purchased a new stake in shares of Teradyne in the second quarter worth approximately $43,000. Finally, Bayforest Capital Ltd increased its position in shares of Teradyne by 195.5% during the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after acquiring an additional 346 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Price Performance

Shares of NASDAQ TER opened at $176.88 on Friday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $179.21. The business’s fifty day moving average price is $131.90 and its 200-day moving average price is $103.49. The stock has a market capitalization of $28.14 billion, a PE ratio of 64.32, a P/E/G ratio of 3.64 and a beta of 1.82.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The firm had revenue of $769.21 million for the quarter, compared to analysts’ expectations of $744.20 million. During the same quarter in the prior year, the firm earned $0.90 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. As a group, equities analysts expect that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

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

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction on Friday, October 10th. The stock was 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 directly owned 94,777 shares in the company, valued at approximately $13,765,411.48. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 2,770 shares of company stock valued at $353,380 over the last 90 days. Insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

TER has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on Teradyne from $100.00 to $136.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 14th. Industrial Alliance Securities set a $175.00 price target on Teradyne in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a report on Wednesday, October 8th. Evercore ISI lifted their price target on Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 price target on shares of Teradyne in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.75.

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.