Meiji Yasuda Asset Management Co Ltd. Invests $698,000 in Teradyne, Inc. $TER

Meiji Yasuda Asset Management Co Ltd. bought a new stake in Teradyne, Inc. (NASDAQ:TERFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,443 shares of the company’s stock, valued at approximately $698,000.

Other large investors have also recently bought and sold shares of the company. Globeflex Capital L P bought a new position in shares of Teradyne in the 2nd quarter worth about $210,000. Bank of Nova Scotia acquired a new stake in Teradyne during the second quarter worth approximately $87,061,000. Compass Financial Management LLC bought a new stake in Teradyne in the second quarter worth approximately $744,000. Elevation Point Wealth Partners LLC acquired a new position in Teradyne in the second quarter valued at approximately $617,000. Finally, Greenland Capital Management LP bought a new position in shares of Teradyne during the 2nd quarter worth approximately $396,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Stock Performance

Shares of NASDAQ TER opened at $366.43 on Wednesday. Teradyne, Inc. has a fifty-two week low of $109.56 and a fifty-two week high of $487.91. The stock has a market cap of $57.29 billion, a price-to-earnings ratio of 50.26, a PEG ratio of 0.74 and a beta of 1.78. The firm’s 50-day simple moving average is $384.25 and its 200 day simple moving average is $355.78.

Teradyne (NASDAQ:TERGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company’s revenue for the quarter was up 103.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 EPS. On average, sell-side analysts predict that Teradyne, Inc. will post 9.1 EPS for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.13 per share. The ex-dividend date is Friday, September 4th. This represents a $0.52 annualized dividend and a yield of 0.1%. Teradyne’s dividend payout ratio is 7.13%.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

  • Positive Sentiment: Teradyne declared a quarterly cash dividend of $0.13 per share, payable September 25 to shareholders of record as of September 4. Although the roughly 0.1% yield is modest, the payment reinforces management’s shareholder-return policy. Teradyne Declares Quarterly Cash Dividend
  • Positive Sentiment: Analyst commentary identified TER as an AI infrastructure play, while broader electronics-industry investment in infrastructure and expanded capacity could benefit Teradyne’s semiconductor and robotics testing businesses. 3 Electronics Stocks Set to Benefit From a Prospering Industry
  • Positive Sentiment: Teradyne remains on analysts’ earnings radar, with annual profit estimates reportedly rising. The company’s latest quarterly results also showed substantial year-over-year revenue growth and an earnings beat, supporting the longer-term growth narrative. Teradyne, Lumentum Back On Analysts’ Earnings Radar
  • Neutral Sentiment: Reported short interest was listed at zero shares, with zero days to cover. Because the figures show no short position and an “NaN” change, the data appears unreliable and offers no meaningful short-squeeze signal.
  • Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction occurred under a pre-planned Rule 10b5-1 schedule, reducing its significance as a signal of deteriorating management confidence, but insider selling can still weigh modestly on sentiment. Teradyne CEO Gregory Smith Sells Shares

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares of the company’s stock, valued at approximately $47,810,375. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $550.00 price objective on shares of Teradyne in a research note on Wednesday, July 29th. Susquehanna upped their price objective on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Evercore restated an “outperform” rating and issued a $420.00 target price on shares of Teradyne in a research note on Thursday, July 30th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $465.00 target price on shares of Teradyne in a research report on Tuesday, July 28th. Finally, Weiss Ratings raised Teradyne from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $396.80.

Check Out Our Latest Analysis on Teradyne

Teradyne Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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