Empowered Funds LLC Increases Stock Position in Teradyne, Inc. $TER

Empowered Funds LLC grew its stake in Teradyne, Inc. (NASDAQ:TER) by 25.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 48,776 shares of the company’s stock after acquiring an additional 9,937 shares during the period. Empowered Funds LLC’s holdings in Teradyne were worth $14,460,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Teradyne during the 4th quarter worth approximately $398,777,000. Wellington Management Group LLP raised its position in Teradyne by 13,949.4% in the third quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock valued at $280,357,000 after purchasing an additional 2,022,389 shares during the period. Aspex Management HK Ltd purchased a new stake in Teradyne in the fourth quarter valued at approximately $199,723,000. Corient Private Wealth LLC lifted its stake in Teradyne by 2,189.2% during the fourth quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock worth $208,254,000 after purchasing an additional 1,028,916 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in Teradyne by 65.4% during the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after purchasing an additional 856,540 shares in the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Shannon John Poulin sold 1,008 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total transaction of $348,132.96. Following the sale, the insider directly owned 15,066 shares in the company, valued at approximately $5,203,344.42. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Also, VP Ryan Driscoll sold 680 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total transaction of $256,768.00. Following the completion of the sale, the vice president directly owned 7,665 shares in the company, valued at approximately $2,894,304. This trade represents a 8.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 14,941 shares of company stock worth $5,444,112. 0.19% of the stock is currently owned by company insiders.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Quarterly results exceeded expectations: Q2 revenue rose 103.9% year over year to $1.33 billion, surpassing the $1.22 billion consensus estimate. Non-GAAP earnings reached $2.47 per share, versus expectations of approximately $2.09 and $0.57 a year earlier. Semiconductor Test revenue accounted for $1.12 billion of sales. Teradyne Reports Second Quarter 2026 Results
• Positive Sentiment: Strong outlook for Q3: Teradyne forecast revenue of $1.2 billion to $1.3 billion, with a midpoint well above Wall Street expectations near $1.0 billion. Adjusted EPS guidance of $1.85 to $2.15 also exceeded the consensus estimate of $1.43. The outlook suggests sustained demand for advanced chip-testing equipment used in AI data centers and other complex semiconductor applications. Teradyne forecasts upbeat revenue on strong chip equipment demand, shares jump
• Positive Sentiment: Analyst support remains favorable: Cantor Fitzgerald reaffirmed its “overweight” rating and set a $550 price target, reflecting confidence in Teradyne’s AI-related growth and semiconductor testing demand. Cantor Fitzgerald rating update
• Neutral Sentiment: Management indicated it will continue investing to support AI-driven growth. That may strengthen Teradyne’s competitive position, but could contribute to margin variability as spending and product mix change. Teradyne Q2 2026 Earnings Call Transcript
• Negative Sentiment: After a substantial prior rally, Teradyne’s elevated valuation and recent volatility leave the stock vulnerable to profit-taking, particularly if AI-related demand slows or semiconductor equipment spending becomes less robust. Broader weakness across some chip-equipment stocks also weighed on sentiment.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Citigroup lifted their price objective on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group reissued a “buy” rating and set a $465.00 target price on shares of Teradyne in a research note on Tuesday. Robert W. Baird raised their target price on Teradyne from $350.00 to $446.00 and gave the company an “outperform” rating in a report on Tuesday, June 23rd. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $550.00 price target on shares of Teradyne in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold 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 $394.53.

Teradyne Stock Down 0.4%

NASDAQ:TER opened at $319.41 on Thursday. The company has a fifty day simple moving average of $382.18 and a two-hundred day simple moving average of $335.81. The company has a market cap of $50.00 billion, a price-to-earnings ratio of 43.81, a price-to-earnings-growth ratio of 0.93 and a beta of 1.74. Teradyne, Inc. has a 52 week low of $102.42 and a 52 week high of $487.91.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a return on equity of 41.96% and a net margin of 25.77%.The company’s revenue for the quarter was up 103.9% compared to the same quarter last year. During the same period last year, the firm earned $0.57 earnings per share. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, analysts expect that Teradyne, Inc. will post 7.2 EPS for the current year.

Teradyne Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were given a $0.13 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio is 9.63%.

About Teradyne

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.