Sumitomo Mitsui Trust Group Inc. Reduces Stock Position in Teradyne, Inc. $TER

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,873,714 shares of the company’s stock after selling 83,335 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 1.79% of Teradyne worth $258,404,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its holdings in shares of Teradyne by 3.0% in the second quarter. Asset Management One Co. Ltd. now owns 70,657 shares of the company’s stock worth $6,353,000 after purchasing an additional 2,045 shares during the period. FNY Investment Advisers LLC increased its holdings in shares of Teradyne by 167.4% in the second quarter. FNY Investment Advisers LLC now owns 5,263 shares of the company’s stock worth $473,000 after purchasing an additional 3,295 shares during the period. Whittier Trust Co. increased its holdings in shares of Teradyne by 48.0% in the second quarter. Whittier Trust Co. now owns 987 shares of the company’s stock worth $89,000 after purchasing an additional 320 shares during the period. Chicago Partners Investment Group LLC increased its holdings in shares of Teradyne by 42.4% in the second quarter. Chicago Partners Investment Group LLC now owns 5,209 shares of the company’s stock worth $485,000 after purchasing an additional 1,552 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Teradyne in the second quarter worth $1,906,000. Institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 94,777 shares in the company, valued at approximately $13,765,411.48. This trade represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 3,324 shares of company stock valued at $411,954 in the last ninety days. Company insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradyne in a report on Wednesday, October 8th. Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. The Goldman Sachs Group raised their price target on Teradyne from $85.00 to $130.00 and gave the stock a “sell” rating in a research report on Thursday, October 9th. Finally, UBS Group raised their price target on Teradyne from $130.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.43.

Teradyne Trading Down 0.5%

Teradyne stock opened at $144.28 on Friday. The firm has a 50-day moving average of $127.84 and a 200-day moving average of $100.92. The firm has a market cap of $22.95 billion, a P/E ratio of 49.92, a P/E/G ratio of 3.04 and a beta of 1.82. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $150.71.

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

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were issued a $0.12 dividend. The ex-dividend date was Friday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.3%. Teradyne’s dividend payout ratio (DPR) is 16.61%.

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.