Avanza Fonder AB Cuts Stake in Teradyne, Inc. $TER

Key Points

• Avanza Fonder AB reduced its stake in Teradyne, Inc. by 46.1%, selling 14,413 shares to hold 16,873 shares valued at approximately $1.52 million.
• Analysts have given Teradyne an average rating of "Moderate Buy" with a consensus target price of $114.44 after several brokerages updated their ratings.
• Teradyne announced a quarterly dividend of $0.12 per share, with an annualized yield of 0.4%, reflecting a payout ratio of 16.61%.

Avanza Fonder AB lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 46.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,873 shares of the company's stock after selling 14,413 shares during the quarter. Avanza Fonder AB's holdings in Teradyne were worth $1,517,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Berbice Capital Management LLC increased its holdings in Teradyne by 200.0% in 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 position in 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 purchasing an additional 140 shares during the period. Brooklyn Investment Group increased its position in shares of Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock valued at $38,000 after acquiring an additional 302 shares during the period. Sentry Investment Management LLC bought a new stake in Teradyne during the first quarter worth about $45,000. Finally, AdvisorNet Financial Inc lifted its position in 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 own 99.77% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TER shares. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. Susquehanna increased their target price on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a research report on Monday. Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an "overweight" rating in a research report on Tuesday, June 24th. Finally, Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and a consensus price target of $118.63.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $115.00, for a total transaction of $63,710.00. Following the completion of the transaction, the chief executive officer directly owned 96,439 shares in the company, valued at approximately $11,090,485. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 1,662 shares of company stock valued at $181,008 over the last quarter. 0.16% of the stock is owned by company insiders.

Teradyne Price Performance

Shares of TER traded up $15.33 on Monday, reaching $135.18. 7,132,686 shares of the stock traded hands, compared to its average volume of 3,837,103. The stock's 50-day moving average price is $109.13 and its 200-day moving average price is $91.91. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16. The firm has a market cap of $21.50 billion, a price-to-earnings ratio of 46.78, a P/E/G ratio of 2.52 and a beta of 1.80.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.03. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The company had revenue of $651.80 million during the quarter, compared to the consensus estimate of $649.02 million. During the same period in the prior year, the company earned $0.86 earnings per share. The company's revenue for the quarter was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, equities research analysts forecast 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 will be paid on Monday, September 29th. Stockholders of record on Friday, September 5th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, September 5th. Teradyne's dividend payout ratio (DPR) is 16.61%.

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.