299,535 Shares in Teradyne, Inc. $TER Purchased by Trexquant Investment LP

Key Points

• Trexquant Investment LP purchased 299,535 shares of Teradyne, Inc. for approximately $24.7 million, accounting for 0.19% of the company at the end of Q1.
• Teradyne reported Q2 earnings of $0.57 per share, surpassing estimates, and experienced a 10.7% year-over-year decline in revenue.
• The company declared a quarterly dividend of $0.12 per share, with an annualized yield of 0.4%, to be paid on September 29th.

Trexquant Investment LP bought a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 299,535 shares of the company's stock, valued at approximately $24,742,000. Trexquant Investment LP owned approximately 0.19% of Teradyne at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Teradyne by 2.5% during the first 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. Ameriprise Financial Inc. grew its stake in shares of Teradyne by 28.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,828,689 shares of the company's stock worth $608,025,000 after purchasing an additional 1,065,474 shares in the last quarter. Aspex Management HK Ltd grew its stake in shares of Teradyne by 35.5% during the fourth quarter. Aspex Management HK Ltd now owns 3,234,842 shares of the company's stock worth $407,331,000 after purchasing an additional 847,409 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Teradyne by 4.6% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company's stock worth $244,252,000 after purchasing an additional 131,152 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Teradyne by 16.1% in the first 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. Institutional investors and hedge funds own 99.77% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on TER shares. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an "overweight" rating in a research note on Tuesday, June 24th. UBS Group restated a "buy" rating and issued a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Stifel Nicolaus upped their price objective on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. Morgan Stanley upgraded shares of Teradyne from an "underweight" rating to an "equal weight" rating and upped their price objective for the company from $74.00 to $100.00 in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $102.00 price objective (up previously from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $114.44.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total transaction of $58,724.00. Following the completion of the transaction, the chief executive officer directly owned 96,993 shares of the company's stock, valued at $10,281,258. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.16% of the stock is owned by corporate insiders.

Teradyne Price Performance

Shares of NASDAQ:TER traded up $0.35 on Friday, reaching $118.24. The company's stock had a trading volume of 4,107,503 shares, compared to its average volume of 3,577,917. The stock's 50-day moving average is $100.81 and its two-hundred day moving average is $91.32. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16. The stock has a market capitalization of $18.81 billion, a P/E ratio of 40.91, a PEG ratio of 2.49 and a beta of 1.72.

Teradyne (NASDAQ:TER - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating analysts' consensus estimates 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 period in the prior year, the company earned $0.86 earnings per share. The business's revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Friday, September 5th. Teradyne's dividend payout ratio is currently 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.