Contour Asset Management LLC trimmed its position in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 42.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 871,556 shares of the company’s stock after selling 644,895 shares during the quarter. Teradyne comprises about 3.9% of Contour Asset Management LLC’s holdings, making the stock its 14th biggest position. Contour Asset Management LLC’s holdings in Teradyne were worth $168,698,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. UMB Bank n.a. raised its holdings in shares of Teradyne by 1.8% during the fourth quarter. UMB Bank n.a. now owns 2,293 shares of the company’s stock worth $444,000 after acquiring an additional 40 shares in the last quarter. Stephens Inc. AR raised its holdings in shares of Teradyne by 1.2% during the fourth quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after acquiring an additional 41 shares in the last quarter. Sapient Capital LLC raised its holdings in shares of Teradyne by 1.5% during the fourth quarter. Sapient Capital LLC now owns 2,849 shares of the company’s stock worth $560,000 after acquiring an additional 43 shares in the last quarter. Truvestments Capital LLC raised its holdings in shares of Teradyne by 3.8% during the fourth quarter. Truvestments Capital LLC now owns 1,440 shares of the company’s stock worth $279,000 after acquiring an additional 53 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of Teradyne by 2.1% during the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $529,000 after acquiring an additional 57 shares in the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on TER. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. UBS Group increased their price objective on Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Robert W. Baird set a $350.00 price objective on Teradyne in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $339.80.
More Teradyne News
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne is set to join the Nasdaq-100 on June 22, which should increase demand from index funds and raise the stock’s visibility with large institutional investors. The company also landed a $139.9 million U.S. Air Force contract for diagnostic test station kits, adding a meaningful defense revenue stream. Teradyne (TER) Joins The Nasdaq 100 As It Lands A $139.9 Million Air Force Deal
- Positive Sentiment: Teradyne Robotics will showcase “physical AI” automation demos at Automate 2026, reinforcing investor enthusiasm around the company’s robotics growth and AI-driven industrial automation opportunity. Teradyne (TER) to Showcase Physical AI Robotics at Automate 2026
Insiders Place Their Bets
In other Teradyne news, insider Shannon John Poulin sold 1,008 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total transaction of $348,132.96. Following the transaction, the insider directly owned 15,066 shares of the company’s stock, valued at $5,203,344.42. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 8,597 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at $42,192,840.60. The trade was a 6.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 14,941 shares of company stock valued at $5,444,112 over the last three months. 0.19% of the stock is currently owned by insiders.
Teradyne Price Performance
Teradyne stock opened at $408.56 on Thursday. The company has a market capitalization of $63.96 billion, a price-to-earnings ratio of 75.66, a PEG ratio of 1.68 and a beta of 1.79. Teradyne, Inc. has a one year low of $84.24 and a one year high of $440.75. The company’s fifty day moving average price is $370.55 and its two-hundred day moving average price is $297.23.
Teradyne (NASDAQ:TER – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.11 by $0.45. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The business’s quarterly revenue was up 87.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 earnings per share. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 7.09 earnings per share for the current year.
Teradyne Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is currently 9.63%.
About Teradyne
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.
Featured Articles
- Five stocks we like better than Teradyne
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
