Prospector Partners LLC Sells 3,900 Shares of Teradyne, Inc. $TER

Prospector Partners LLC cut its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 3.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 96,631 shares of the company’s stock after selling 3,900 shares during the quarter. Teradyne accounts for about 1.6% of Prospector Partners LLC’s portfolio, making the stock its 25th largest position. Prospector Partners LLC’s holdings in Teradyne were worth $13,300,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Teradyne in the 3rd quarter valued at approximately $31,000. CYBER HORNET ETFs LLC bought a new stake in shares of Teradyne in the second quarter worth $35,000. Hemington Wealth Management increased its holdings in Teradyne by 43.2% in the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock valued at $36,000 after purchasing an additional 79 shares during the period. MUFG Securities EMEA plc acquired a new stake in Teradyne in the second quarter valued at $43,000. Finally, Orion Capital Management LLC bought a new position in Teradyne during the 3rd quarter worth $47,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Performance

TER stock opened at $314.82 on Thursday. The stock’s 50 day simple moving average is $236.11 and its 200 day simple moving average is $175.93. The company has a market cap of $49.30 billion, a P/E ratio of 90.47, a price-to-earnings-growth ratio of 1.89 and a beta of 1.83. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $327.99.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Monday, February 2nd. The company reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.44. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The business’s revenue was up 43.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 earnings per share. Teradyne has set its Q1 2026 guidance at 1.890-2.250 EPS. Equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is 14.94%.

Wall Street Analysts Forecast Growth

TER has been the subject of a number of analyst reports. Bank of America raised their price objective on Teradyne from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup raised their price target on shares of Teradyne from $215.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target on shares of Teradyne from $122.00 to $190.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. The Goldman Sachs Group increased their price objective on shares of Teradyne from $230.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Teradyne in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Teradyne currently has an average rating of “Moderate Buy” and a consensus target price of $256.24.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares of the company’s stock, valued at $18,804,165.79. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is owned by corporate insiders.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.