ProShare Advisors LLC boosted its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 6.4% during the third quarter, Holdings Channel.com reports. The fund owned 201,902 shares of the company’s stock after acquiring an additional 12,075 shares during the period. ProShare Advisors LLC’s holdings in Teradyne were worth $80,945,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Teradyne during the 2nd quarter worth approximately $9,404,408,000. Andar Capital Management HK Ltd acquired a new stake in Teradyne during the 2nd quarter valued at $37,800,000. Bank of America Corp DE purchased a new position in Teradyne during the second quarter worth $842,822,000. Legal & General Group Plc purchased a new position in Teradyne during the second quarter worth $656,058,000. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Teradyne by 2,171.0% in the third quarter. Assenagon Asset Management S.A. now owns 1,074,459 shares of the company’s stock worth $430,761,000 after acquiring an additional 1,027,146 shares during the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.
Teradyne Price Performance
Teradyne stock opened at $274.37 on Monday. The stock’s 50-day moving average is $364.20 and its 200-day moving average is $348.40. The company has a market cap of $42.90 billion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 0.54 and a beta of 1.73. Teradyne, Inc. has a 12 month low of $151.52 and a 12 month high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.20. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. Teradyne had a net margin of 27.46% and a return on equity of 43.81%. The business’s quarterly revenue was up 69.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 earnings per share. Research analysts anticipate that Teradyne, Inc. will post 9.36 EPS for the current year.
Teradyne Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, September 4th. Teradyne’s dividend payout ratio (DPR) is presently 5.97%.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the company. Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Evercore reissued an “outperform” rating and issued a $420.00 target price on shares of Teradyne in a research note on Thursday, July 30th. Morgan Stanley upped their target price on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Finally, Zacks Research lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Teradyne currently has an average rating of “Moderate Buy” and an average target price of $405.86.
Check Out Our Latest Analysis on TER
Insider Transactions at Teradyne
In other news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the transaction, the chief executive officer directly owned 104,495 shares in the company, valued at approximately $35,662,053.60. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,000 shares of company stock valued at $4,416,440 in the last quarter. Company insiders own 0.19% of the company’s stock.
More Teradyne News
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne’s latest quarterly results showed strong momentum: revenue reached $1.31 billion, up nearly 70% year over year, while EPS of $2.29 exceeded the $2.09 consensus estimate. Management also highlighted expanding AI-compute programs, record memory-test revenue, and capacity investments supporting potential growth in 2027. Teradyne Q3 Earnings Call Highlights AI Demand and 2027 Growth Plans
- Positive Sentiment: Northland Securities raised its FY2026 EPS forecast to $9.40 from $9.34 and increased its Q2 2027 estimate to $2.63 from $2.50. Both forecasts are above the current full-year consensus estimate of $9.17, signaling expectations for continued earnings growth. Teradyne analyst estimate updates
- Positive Sentiment: UBS lowered its price target to $430 from $485 but retained a Buy rating. The revised target still implies substantial upside based on the referenced trading level, suggesting UBS views the long-term AI and automation opportunity as intact. UBS Teradyne price-target update
Teradyne Profile
Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.
The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.
Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.
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