Aberdeen Group plc Purchases 5,215 Shares of Teradyne, Inc. $TER

Key Points

• Aberdeen Group plc increased its stake in Teradyne, Inc. by 4.7%, acquiring an additional 5,215 shares, bringing its total ownership to approximately $10.4 million.
• Several hedge funds have raised their positions in Teradyne, with institutional investors currently owning 99.77% of the company’s stock.
• Teradyne recently announced a quarterly dividend of $0.12 per share, representing an annual yield of 0.3%.

Aberdeen Group plc raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 115,874 shares of the company's stock after acquiring an additional 5,215 shares during the period. Aberdeen Group plc owned approximately 0.07% of Teradyne worth $10,419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Teradyne by 2.5% during the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company's stock valued at $1,728,176,000 after acquiring an additional 516,332 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in Teradyne by 4.6% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company's stock valued at $244,252,000 after acquiring an additional 131,152 shares during the last quarter. Invesco Ltd. increased its position in Teradyne by 16.1% during 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 during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Teradyne by 3.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,466,122 shares of the company's stock worth $203,726,000 after purchasing an additional 75,226 shares during the last quarter. Finally, ARK Investment Management LLC grew its holdings in shares of Teradyne by 16.7% in the first quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company's stock worth $185,321,000 after purchasing an additional 320,580 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TER. Cowen restated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. UBS Group restated a "buy" rating and issued a $130.00 price target (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Morgan Stanley upped their price target on shares of Teradyne from $100.00 to $136.00 and gave the stock an "equal weight" rating in a report on Tuesday. Northland Securities set a $161.00 price target on shares of Teradyne in a report on Tuesday, October 7th. Finally, The Goldman Sachs Group upped their price target on shares of Teradyne from $85.00 to $130.00 and gave the stock a "sell" rating in a report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Teradyne has an average rating of "Moderate Buy" and an average price target of $124.93.

Teradyne Price Performance

NASDAQ:TER opened at $141.03 on Thursday. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $150.71. The company has a 50-day moving average of $123.39 and a 200 day moving average of $97.78. The firm has a market cap of $22.43 billion, a PE ratio of 48.80, a price-to-earnings-growth ratio of 2.87 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data 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%. The firm's revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Sell-side analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 0.3%. Teradyne's payout ratio is currently 16.61%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the business's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total value 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. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 3,324 shares of company stock valued at $411,954 in the last ninety days. Insiders own 0.16% of the company's stock.

Teradyne Company 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.

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