Illinois Municipal Retirement Fund Increases Holdings in Teradyne, Inc. $TER

Illinois Municipal Retirement Fund grew its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 16.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,445 shares of the company’s stock after buying an additional 17,355 shares during the period. Illinois Municipal Retirement Fund owned 0.08% of Teradyne worth $11,100,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Teradyne by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company’s stock worth $1,728,176,000 after purchasing an additional 516,332 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Teradyne by 26.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company’s stock worth $286,634,000 after acquiring an additional 652,175 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Teradyne by 16.1% in the 1st quarter. Invesco Ltd. now owns 2,790,898 shares of the company’s stock valued at $230,528,000 after acquiring an additional 387,705 shares in the last quarter. ARK Investment Management LLC boosted its position in shares of Teradyne by 16.7% during the 1st quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company’s stock valued at $185,321,000 after acquiring an additional 320,580 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in shares of Teradyne by 188.8% during the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company’s stock worth $173,943,000 after purchasing an additional 1,376,631 shares in the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Industrial Alliance Securities set a $175.00 target price on shares of Teradyne in a research report on Tuesday, October 28th. Morgan Stanley increased their target price on Teradyne from $100.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Cowen reiterated a “buy” rating on shares of Teradyne in a research report on Wednesday, July 30th. Finally, Stifel Nicolaus raised their price objective on Teradyne from $119.00 to $135.00 and gave the company a “hold” rating in a report on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and an average price target of $164.06.

Teradyne Trading Up 1.0%

Shares of NASDAQ:TER opened at $184.08 on Tuesday. The stock has a market capitalization of $28.83 billion, a P/E ratio of 66.94, a price-to-earnings-growth ratio of 3.64 and a beta of 1.90. The stock’s 50-day moving average price is $141.04 and its 200-day moving average price is $109.36. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $191.56.

Teradyne (NASDAQ:TER) last issued 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 analysts’ expectations of $744.20 million. During the same period in the prior year, the business posted $0.90 EPS. Teradyne’s quarterly revenue was up 4.3% compared to the same quarter last year. Teradyne has set its Q4 2025 guidance at 1.200-1.460 EPS. As a group, research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Monday, November 24th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, November 24th. Teradyne’s payout ratio is presently 17.45%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the completion of the sale, the chief executive officer owned 94,777 shares of the company’s stock, valued at $13,765,411.48. This represents a 1.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 2,216 shares of company stock worth $294,656. Corporate insiders own 0.16% of the company’s stock.

Teradyne Profile

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.