Welch & Forbes LLC Makes New Investment in Teradyne, Inc. $TER

Welch & Forbes LLC acquired a new position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,955 shares of the company’s stock, valued at approximately $266,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TER. Berbice Capital Management LLC raised its position in shares of Teradyne by 200.0% in 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 during the period. Manchester Capital Management LLC raised its position in shares of Teradyne by 44.7% in 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 during the period. Brooklyn Investment Group raised its position in shares of Teradyne by 189.9% in the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock valued at $38,000 after acquiring an additional 302 shares during the period. Steph & Co. acquired a new stake in shares of Teradyne in the 2nd quarter valued at approximately $43,000. Finally, Bayforest Capital Ltd grew its holdings in shares of Teradyne by 195.5% in the 2nd quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after buying an additional 346 shares during the period. 99.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TER shares. Industrial Alliance Securities set a $175.00 price objective on shares of Teradyne in a research report on Tuesday, October 28th. UBS Group upped their price objective on shares of Teradyne from $165.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen upgraded shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Evercore ISI increased their target price on Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. increased their target price on Teradyne from $122.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $164.06.

Read Our Latest Analysis on Teradyne

Insider Buying and Selling at Teradyne

In other 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 transaction of $160,925.92. Following the completion of the transaction, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 2,770 shares of company stock worth $353,380. 0.16% of the stock is owned by company insiders.

Teradyne Stock Performance

NASDAQ TER opened at $183.07 on Tuesday. The business has a 50 day simple moving average of $134.55 and a 200 day simple moving average of $105.48. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $185.91. The stock has a market cap of $29.12 billion, a price-to-earnings ratio of 66.57, a PEG ratio of 3.64 and a beta of 1.82.

Teradyne (NASDAQ:TERGet Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.07. The company had revenue of $769.21 million during the quarter, compared to analysts’ expectations of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $0.90 EPS. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. On average, analysts predict that Teradyne, Inc. will post 3.88 EPS for the current 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 paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 17.45%.

Teradyne Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TERFree Report).

Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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.