Teradyne, Inc. $TER Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. reduced its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 47.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,738 shares of the company's stock after selling 11,574 shares during the quarter. Baird Financial Group Inc.'s holdings in Teradyne were worth $1,052,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Snowden Capital Advisors LLC raised its position in Teradyne by 2.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,748 shares of the company's stock worth $472,000 after purchasing an additional 103 shares during the period. HighTower Advisors LLC raised its position in Teradyne by 1.0% in 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 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. MassMutual Private Wealth & Trust FSB raised its position in Teradyne by 22.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 820 shares of the company's stock worth $68,000 after purchasing an additional 149 shares during the period. Finally, Heritage Family Offices LLP raised its position in Teradyne by 6.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,568 shares of the company's stock worth $212,000 after purchasing an additional 161 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TER has been the topic of a number of research reports. Cowen reaffirmed a "buy" rating on shares of Teradyne in a research report on Wednesday, July 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $102.00 target price (up from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. Stifel Nicolaus raised their target price on shares of Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 target price on shares of Teradyne in a research report on Wednesday, July 30th. Finally, UBS Group reaffirmed a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $114.44.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction that occurred on 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 directly owned 96,993 shares in the company, valued at $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by company insiders.

Teradyne Stock Down 2.9%

Shares of NASDAQ TER traded down $3.32 during midday trading on Friday, reaching $112.24. 5,903,343 shares of the company's stock traded hands, compared to its average volume of 3,296,807. The stock's 50 day simple moving average is $106.14 and its 200-day simple moving average is $91.71. Teradyne, Inc. has a one year low of $65.77 and a one year high of $144.16. The company has a market cap of $17.85 billion, a price-to-earnings ratio of 38.84, a P/E/G ratio of 2.43 and a beta of 1.80.

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, beating analysts' consensus estimates of $0.54 by $0.03. The firm had revenue of $651.80 million for the quarter, compared to the consensus estimate of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The company's quarterly revenue was down 10.7% on a year-over-year basis. During the same period last year, the firm earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities analysts predict 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 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 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, September 5th. Teradyne's dividend payout ratio (DPR) is 16.61%.

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.