Teradyne, Inc. $TER Stock Bought by Aberdeen Group plc

Aberdeen Group plc raised its stake in Teradyne, Inc. (NASDAQ:TER) by 3,714.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,654,505 shares of the company’s stock after purchasing an additional 4,532,489 shares during the period. Teradyne accounts for approximately 2.0% of Aberdeen Group plc’s holdings, making the stock its 10th biggest holding. Aberdeen Group plc’s holdings in Teradyne were worth $1,866,038,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TER. Carolina Wealth Advisors LLC increased its position in Teradyne by 42.5% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after acquiring an additional 34 shares during the period. Purus Wealth Management LLC boosted its holdings in shares of Teradyne by 0.3% during the third quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock worth $4,468,000 after purchasing an additional 35 shares during the period. Pinnacle Associates Ltd. raised its holdings in shares of Teradyne by 1.8% during the third quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after acquiring an additional 35 shares in the last quarter. Vestor Capital LLC increased its holdings in Teradyne by 15.4% in the first quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after buying an additional 38 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Teradyne by 5.8% in the second quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after purchasing an additional 40 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Trending Headlines about Teradyne

Investors following TER have been watching these headlines:

• Positive Sentiment: Demand for testing AI chips and memory, an expanding product portfolio, and strong revenue growth are cited as strengths in Teradyne’s competition with KLA and Cohu. Teradyne Benefits From Strong Test Demand
• Neutral Sentiment: Teradyne was among several semiconductor-related stocks reported to have fallen sharply, reflecting broader weakness across the group. Semiconductor shares fall
• Negative Sentiment: Recent chip-equipment sector selling has been linked to concerns about AI regulation and slower data-center spending, weighing on sentiment even after Teradyne’s strong quarterly growth. Chip-equipment selloff

Teradyne Price Performance

Shares of TER stock opened at $249.55 on Friday. The stock’s fifty day simple moving average is $342.61 and its 200 day simple moving average is $349.31. Teradyne, Inc. has a one year low of $151.52 and a one year high of $487.91. The firm has a market cap of $38.96 billion, a price-to-earnings ratio of 28.65, a P/E/G ratio of 0.52 and a beta of 1.73.

Teradyne (NASDAQ:TER) 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 firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The business’s revenue for the quarter was up 69.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 earnings per share. On average, research analysts anticipate that Teradyne, Inc. will post 9.41 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Monday, November 23rd will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.52 annualized dividend and a dividend yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is presently 5.97%.

Analyst Ratings Changes

TER has been the topic of several recent analyst reports. Robert W. Baird downgraded shares of Teradyne from an “outperform” rating to a “neutral” rating and set a $420.00 target price on the stock. in a report on Friday, August 21st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $550.00 price objective on shares of Teradyne in a research report on Wednesday, July 29th. Weiss Ratings cut shares of Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Wall Street Zen downgraded Teradyne from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Finally, Morgan Stanley boosted their price target on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $397.73.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Smith sold 4,000 shares of Teradyne stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $341.28, for a total value of $1,365,120.00. Following the completion of the transaction, the chief executive officer 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,000 shares of company stock worth $4,416,440 over the last three months. Company insiders own 0.19% of the company’s stock.

Teradyne Profile

Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.