Prime Capital Investment Advisors LLC Cuts Stock Position in Teradyne, Inc. $TER

Prime Capital Investment Advisors LLC lowered its holdings in Teradyne, Inc. (NASDAQ:TER) by 7.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,836 shares of the company’s stock after selling 411 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Teradyne were worth $435,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TER. DAVENPORT & Co LLC grew its stake in shares of Teradyne by 29.8% in the first quarter. DAVENPORT & Co LLC now owns 5,094 shares of the company’s stock worth $421,000 after acquiring an additional 1,170 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Teradyne by 17.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,760 shares of the company’s stock worth $11,893,000 after acquiring an additional 21,219 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Teradyne by 56.0% in the first quarter. Park Avenue Securities LLC now owns 3,045 shares of the company’s stock worth $252,000 after acquiring an additional 1,093 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in Teradyne by 6.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 4,328 shares of the company’s stock worth $357,000 after purchasing an additional 261 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in Teradyne by 36.2% during the 1st quarter. Advisors Asset Management Inc. now owns 9,395 shares of the company’s stock worth $776,000 after purchasing an additional 2,498 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analysts Set New Price Targets

TER has been the subject of several analyst reports. Stifel Nicolaus boosted their target price on Teradyne from $85.00 to $100.00 and gave the stock a “hold” rating in a research note on Thursday, July 31st. Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Morgan Stanley upgraded shares of Teradyne from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $102.00 price target (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Finally, The Goldman Sachs Group boosted their target price on shares of Teradyne from $85.00 to $130.00 and gave the stock a “sell” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.27.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 554 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $126.39, for a total value of $70,020.06. Following the completion of the sale, the chief executive officer directly owned 95,885 shares of the company’s stock, valued at $12,118,905.15. This represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 2,216 shares of company stock valued at $251,028. 0.16% of the stock is owned by corporate insiders.

Teradyne Stock Down 9.0%

Shares of TER opened at $132.08 on Friday. The stock has a 50 day moving average price of $121.40 and a 200 day moving average price of $96.68. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $150.71. The company has a market capitalization of $21.01 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 3.05 and a beta of 1.82.

Teradyne (NASDAQ:TER) last issued its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million during the quarter, compared to analysts’ expectations of $649.02 million. During the same quarter in the prior year, the business posted $0.86 EPS. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, equities analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. Teradyne’s dividend payout ratio is 16.61%.

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.