Capital Investment Counsel Inc Cuts Stake in Teradyne, Inc. $TER

Capital Investment Counsel Inc trimmed its stake in Teradyne, Inc. (NASDAQ:TER) by 0.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,938 shares of the company’s stock after selling 290 shares during the quarter. Capital Investment Counsel Inc’s holdings in Teradyne were worth $2,962,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Manchester Capital Management LLC boosted its holdings in shares of Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group raised its position in shares of Teradyne by 189.9% in the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock worth $38,000 after buying an additional 302 shares during the period. Steph & Co. purchased a new position in shares of Teradyne in the 2nd quarter worth $43,000. Bayforest Capital Ltd boosted its holdings in Teradyne by 195.5% in the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after acquiring an additional 346 shares during the last quarter. Finally, Quaker Wealth Management LLC grew its position in Teradyne by 200.9% during the second quarter. Quaker Wealth Management LLC now owns 639 shares of the company’s stock valued at $57,000 after acquiring an additional 1,272 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on TER. Bank of America upgraded Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Wednesday, October 29th. Citigroup increased their target price on shares of Teradyne from $117.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday. Stifel Nicolaus raised 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. Robert W. Baird set a $195.00 price target on shares of Teradyne in a research report on Friday, October 31st. Finally, Evercore ISI boosted their price objective on shares of Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $171.25.

Teradyne Price Performance

Teradyne stock opened at $179.27 on Thursday. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $191.56. The company has a market capitalization of $28.08 billion, a price-to-earnings ratio of 65.19, a price-to-earnings-growth ratio of 3.64 and a beta of 1.90. The firm’s fifty day moving average price is $143.37 and its 200 day moving average price is $110.55.

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

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Monday, November 24th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, November 24th. This represents a $0.48 annualized dividend and a yield of 0.3%. Teradyne’s payout ratio is currently 17.45%.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 94,777 shares in the company, valued at approximately $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 2,216 shares of company stock valued at $294,656. Corporate insiders own 0.16% of the company’s stock.

About Teradyne

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.