Aberdeen Group plc Has $8.97 Million Stock Position in Teradyne, Inc. $TER

Key Points

• Aberdeen Group plc increased its stake in Teradyne, Inc. by 97.3%, owning approximately $8.97 million in shares after buying an additional 54,579 during the first quarter.
• Teradyne announced a $1 billion stock buyback plan, indicating the board's belief that the stock is currently undervalued.
• In its latest earnings report, Teradyne exceeded expectations with an EPS of $0.57, while its revenue for the quarter was down 10.7% year-over-year.

Aberdeen Group plc grew its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 97.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,659 shares of the company's stock after purchasing an additional 54,579 shares during the period. Aberdeen Group plc owned approximately 0.07% of Teradyne worth $8,974,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Berbice Capital Management LLC raised its holdings in shares of Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the period. Manchester Capital Management LLC raised its holdings in shares of Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after purchasing an additional 140 shares during the period. Sentry Investment Management LLC acquired a new position in shares of Teradyne during the first quarter valued at about $45,000. Transce3nd LLC acquired a new position in shares of Teradyne during the fourth quarter valued at about $73,000. Finally, AdvisorNet Financial Inc raised its holdings in shares of Teradyne by 319.0% during the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock valued at $49,000 after purchasing an additional 453 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Teradyne Stock Performance

NASDAQ:TER opened at $110.62 on Wednesday. The firm has a market cap of $17.60 billion, a price-to-earnings ratio of 38.28, a price-to-earnings-growth ratio of 2.31 and a beta of 1.72. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $144.16. The firm has a 50-day moving average price of $96.12 and a two-hundred day moving average price of $91.17.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.54 by $0.03. The firm 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%. The company's revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, sell-side analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne announced that its board has approved a stock buyback plan on Monday, April 28th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TER shares. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $102.00 price objective (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Cowen reiterated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Teradyne from a "sell" rating to a "hold" rating in a report on Saturday. The Goldman Sachs Group restated a "sell" rating and issued a $85.00 target price on shares of Teradyne in a report on Wednesday, July 30th. Finally, Morgan Stanley upgraded shares of Teradyne from an "underweight" rating to an "equal weight" rating and upped their target price for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $114.44.

Insider Buying and Selling

In other Teradyne 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 value of $58,724.00. Following the completion of the sale, the chief executive officer owned 96,993 shares in the company, valued at approximately $10,281,258. This trade represents a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company's stock.

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.

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