Alkeon Capital Management LLC Decreases Holdings in Teradyne, Inc. $TER

Key Points

• Alkeon Capital Management LLC sold 61,107 shares of Teradyne, reducing its holdings by 4.0% to own 1,482,910 shares valued at $122.49 million.
• Teradyne has an average analyst rating of "Moderate Buy" with a price target of $114.44, as various firms provide differing ratings ranging from "Sell" to "Overweight."
• The company announced a quarterly dividend of $0.12 per share, equating to an annualized yield of 0.4%, with the ex-dividend date set for September 5th.

Alkeon Capital Management LLC trimmed its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 4.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,482,910 shares of the company's stock after selling 61,107 shares during the period. Alkeon Capital Management LLC owned about 0.92% of Teradyne worth $122,488,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC boosted its holdings in shares of Teradyne by 200.0% in the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after buying an additional 200 shares during the last quarter. Manchester Capital Management LLC boosted its holdings in shares of Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of Teradyne by 189.9% in the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after buying an additional 302 shares during the last quarter. Sentry Investment Management LLC purchased a new position in shares of Teradyne in the 1st quarter worth about $45,000. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Teradyne by 319.0% in the 1st quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after buying an additional 453 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Teradyne Price Performance

NASDAQ TER traded up $0.81 during trading on Friday, reaching $120.20. The company's stock had a trading volume of 3,531,125 shares, compared to its average volume of 3,181,845. The firm has a fifty day moving average of $103.18 and a 200 day moving average of $91.65. Teradyne, Inc. has a one year low of $65.77 and a one year high of $144.16. The stock has a market capitalization of $19.12 billion, a PE ratio of 37.66, a P/E/G ratio of 2.51 and a beta of 1.80.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. The firm had revenue of $651.80 million during the quarter, compared to the consensus estimate of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The company's revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter last year, the company posted $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 5th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Friday, September 5th. Teradyne's payout ratio is currently 16.61%.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction on 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 sale, the chief executive officer directly owned 96,993 shares of the company's stock, valued at approximately $10,281,258. The trade was a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.16% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $102.00 price target (up previously from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. The Goldman Sachs Group restated a "sell" rating and issued a $85.00 price objective on shares of Teradyne in a research note on Wednesday, July 30th. Morgan Stanley upgraded shares of Teradyne from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. Finally, UBS Group reiterated a "buy" rating and issued a $130.00 target price (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given 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 price target of $114.44.

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.