Allianz Asset Management GmbH Has $34.39 Million Stake in Teradyne, Inc. $TER

Key Points

• Allianz Asset Management GmbH reduced its stake in Teradyne, Inc. by 16.1% in the 2nd quarter, owning 382,415 shares worth approximately $34.39 million.
• Teradyne's stock has recently seen analyst target prices raised, with Stifel Nicolaus boosting their target from $100.00 to $119.00 while maintaining a "hold" rating.
• The company reported $0.57 earnings per share for the last quarter, exceeding the consensus estimate of $0.54, despite a revenue decline of 10.7% year-over-year.

Allianz Asset Management GmbH reduced its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 16.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 382,415 shares of the company's stock after selling 73,323 shares during the period. Allianz Asset Management GmbH owned 0.24% of Teradyne worth $34,387,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Fulton Bank N.A. raised its position in Teradyne by 4.3% during the 2nd quarter. Fulton Bank N.A. now owns 2,722 shares of the company's stock worth $245,000 after purchasing an additional 113 shares during the last quarter. HighTower Advisors LLC raised its position in Teradyne by 1.0% during the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company's stock worth $1,035,000 after purchasing an additional 124 shares during the last quarter. Manchester Capital Management LLC raised its position in Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position in Teradyne by 0.3% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 51,076 shares of the company's stock worth $4,219,000 after purchasing an additional 166 shares during the last quarter. Finally, Berbice Capital Management LLC raised its position in Teradyne by 200.0% during the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after purchasing an additional 200 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on TER shares. Stifel Nicolaus raised their target price on Teradyne from $100.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, October 13th. Northland Securities set a $161.00 price target on Teradyne in a report on Tuesday, October 7th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $102.00 price target (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a report on Monday, September 1st. Finally, UBS Group reiterated a "buy" rating and set a $130.00 price target (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $124.93.

Teradyne Price Performance

TER stock opened at $138.16 on Friday. The stock has a market capitalization of $21.98 billion, a PE ratio of 47.81, a price-to-earnings-growth ratio of 2.90 and a beta of 1.82. The company's 50-day moving average is $124.66 and its 200-day moving average is $98.66. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $150.71.

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

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne's dividend payout ratio is 16.61%.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the transaction, the chief executive officer owned 94,777 shares of the company's stock, valued at $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 3,324 shares of company stock worth $411,954. 0.16% of the stock is owned by corporate insiders.

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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