Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 20,600 Shares of Teradyne, Inc. $TER

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 53.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 58,850 shares of the company’s stock after acquiring an additional 20,600 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Teradyne were worth $17,447,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State Street Corp raised its holdings in Teradyne by 0.9% in the 4th quarter. State Street Corp now owns 7,078,635 shares of the company’s stock valued at $1,370,141,000 after buying an additional 60,986 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Teradyne by 6.8% during the third quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock worth $723,600,000 after purchasing an additional 336,757 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Teradyne by 18.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock worth $813,640,000 after purchasing an additional 659,273 shares in the last quarter. Invesco Ltd. increased its holdings in Teradyne by 3.5% in the third quarter. Invesco Ltd. now owns 2,959,330 shares of the company’s stock worth $407,322,000 after purchasing an additional 99,864 shares in the last quarter. Finally, Alkeon Capital Management LLC lifted its stake in Teradyne by 48.6% in the third quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock valued at $395,427,000 after buying an additional 940,000 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Susquehanna raised its price target on Teradyne to a Street-high $550, citing stronger chip equipment spending expectations and AI-driven demand for advanced testing. Susquehanna Boosts Teradyne to a New Street High of $550 as It Lifts Chip Equipment Spending Forecast.
• Positive Sentiment: Another valuation update lifted Teradyne’s assessed fair value from $374.82 to $416.65, reflecting higher AI-related forecasts and improved expectations for semiconductor capex. Teradyne (TER) Stock Sees Fair Value Lift As Analysts Raise AI Driven Forecasts
• Positive Sentiment: Recent commentary also highlighted Teradyne’s strong run, with the stock gaining about 38% over three months on AI demand, acquisitions, and solid guidance. Should You Buy, Sell, or Hold TER Stock After a 38% Rise in 3 Months?
• Neutral Sentiment: Some market analysis says Teradyne still trades at a premium after its huge one-year rally, suggesting much of the AI automation optimism may already be reflected in the share price. Teradyne (TER) Stock Still Trades At A Premium Following AI Automation Expansion
• Negative Sentiment: Teradyne and other chip stocks sold off as the semiconductor sector weakened on fears that AI-driven chip demand may be cooling. KLA Corporation and Teradyne Stocks Trade Down, What You Need To Know
• Negative Sentiment: Broader semiconductor weakness led to a rough start to the quarter, contributing to pressure on TER alongside the sector’s two-day selloff. Chip Stocks Off to Rough Start in Third Quarter With 2-Day Skid
• Negative Sentiment: One bearish article argued TER is risky despite its rally, which may reinforce caution after the stock’s strong run. 3 Reasons TER is Risky and 1 Stock to Buy Instead

Insider Activity at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the completion of the sale, the chief executive officer owned 124,470 shares of the company’s stock, valued at approximately $42,192,840.60. This represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of Teradyne stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the transaction, the insider directly owned 15,066 shares in the company, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 14,941 shares of company stock valued at $5,444,112. Corporate insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Evercore set a $370.00 price objective on shares of Teradyne in a research report on Thursday, April 30th. The Goldman Sachs Group lifted their price target on shares of Teradyne from $300.00 to $350.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Stifel Nicolaus boosted their target price on shares of Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, UBS Group boosted their target price on shares of Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $382.87.

Teradyne Stock Performance

NASDAQ TER opened at $369.09 on Friday. The business has a fifty day simple moving average of $386.59 and a 200 day simple moving average of $316.48. Teradyne, Inc. has a 12 month low of $88.60 and a 12 month high of $487.91. The firm has a market capitalization of $57.78 billion, a P/E ratio of 68.35, a PEG ratio of 1.07 and a beta of 1.74.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $0.75 EPS. The business’s revenue for the quarter was up 87.0% compared to the same quarter last year. As a group, sell-side analysts predict that Teradyne, Inc. will post 7.2 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were given a dividend of $0.13 per share. This is a boost from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, May 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. Teradyne’s dividend payout ratio is currently 9.63%.

Teradyne 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.