Cornercap Investment Counsel Inc. raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 60.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,130 shares of the company’s stock after acquiring an additional 3,454 shares during the period. Cornercap Investment Counsel Inc.’s holdings in Teradyne were worth $821,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Huntington National Bank raised its stake in Teradyne by 7.4% during the 2nd quarter. Huntington National Bank now owns 3,502 shares of the company’s stock valued at $315,000 after acquiring an additional 242 shares in the last quarter. Machina Capital S.A.S. increased its position in shares of Teradyne by 96.3% during the 2nd quarter. Machina Capital S.A.S. now owns 5,425 shares of the company’s stock valued at $488,000 after purchasing an additional 2,661 shares during the period. Bank of Montreal Can increased its position in shares of Teradyne by 126.0% during the 2nd quarter. Bank of Montreal Can now owns 281,205 shares of the company’s stock valued at $25,286,000 after purchasing an additional 156,754 shares during the period. Sigma Planning Corp increased its position in shares of Teradyne by 32.4% during the 2nd quarter. Sigma Planning Corp now owns 4,195 shares of the company’s stock valued at $377,000 after purchasing an additional 1,026 shares during the period. Finally, Tredje AP fonden increased its position in shares of Teradyne by 14.8% during the 2nd quarter. Tredje AP fonden now owns 13,782 shares of the company’s stock valued at $1,239,000 after purchasing an additional 1,777 shares during the period. Institutional investors own 99.77% of the company’s stock.
Insider Buying and Selling at Teradyne
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 transaction of $160,925.92. Following the transaction, the chief executive officer 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 filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 2,770 shares of company stock worth $353,380 in the last quarter. Insiders own 0.16% of the company’s stock.
Teradyne Stock Up 6.8%
Teradyne (NASDAQ:TER – Get Free Report) last issued its earnings results on Tuesday, October 28th. 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 for the quarter, compared to analysts’ expectations of $744.20 million. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 EPS. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. As a group, analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.
Teradyne Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Teradyne’s payout ratio is currently 17.45%.
Analyst Upgrades and Downgrades
TER has been the topic of several research analyst reports. Industrial Alliance Securities set a $175.00 price target on Teradyne in a research report on Tuesday, October 28th. UBS Group lifted their price target on Teradyne from $165.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Wall Street Zen upgraded Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Finally, Northland Securities set a $186.00 price target on Teradyne in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.06.
Check Out Our Latest Stock Analysis on TER
Teradyne Company 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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