Bank of New York Mellon Corp Sells 26,962 Shares of Teradyne, Inc. $TER

Bank of New York Mellon Corp lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,382,725 shares of the company’s stock after selling 26,962 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.86% of Teradyne worth $124,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TER. Machina Capital S.A.S. lifted its position in Teradyne by 96.3% during the second 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 in the last quarter. Bank of Montreal Can lifted 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 buying an additional 156,754 shares in the last quarter. Sigma Planning Corp lifted 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 buying an additional 1,026 shares in the last quarter. Tredje AP fonden grew its stake 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 acquiring an additional 1,777 shares during the period. Finally, Mission Wealth Management LP increased its holdings in Teradyne by 329.8% in the 2nd quarter. Mission Wealth Management LP now owns 7,002 shares of the company’s stock worth $630,000 after acquiring an additional 5,373 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction that occurred 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 sale, the chief executive officer owned 94,777 shares of the company’s stock, valued at $13,765,411.48. The trade was a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 2,770 shares of company stock valued at $353,380. Insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

TER has been the topic of several analyst reports. Stifel Nicolaus lifted their price target on shares of Teradyne from $119.00 to $135.00 and gave the company a “hold” rating in a report on Tuesday, October 28th. Susquehanna reissued a “positive” rating and issued a $215.00 price objective on shares of Teradyne in a research note on Thursday, October 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group increased their price target on Teradyne from $130.00 to $148.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $180.00 price target on shares of Teradyne in a report on Wednesday, October 29th. Two 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and a consensus price target of $164.06.

Teradyne Stock Performance

TER opened at $185.02 on Friday. The stock has a market capitalization of $28.98 billion, a price-to-earnings ratio of 67.28, a PEG ratio of 3.64 and a beta of 1.90. The company has a fifty day moving average of $138.45 and a 200 day moving average of $107.33. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $191.56.

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

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 17.45%.

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.