Bank of America Corp DE Makes New $842.82 Million Investment in Teradyne, Inc. $TER

Bank of America Corp DE bought a new position in Teradyne, Inc. (NASDAQ:TER - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,741,943 shares of the company's stock, valued at approximately $842,822,000. Bank of America Corp DE owned 1.11% of Teradyne as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TER. Carolina Wealth Advisors LLC increased its position in Teradyne by 42.5% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company's stock worth $55,000 after purchasing an additional 34 shares during the last quarter. Vestor Capital LLC increased its holdings in Teradyne by 15.4% in the first quarter. Vestor Capital LLC now owns 285 shares of the company's stock worth $85,000 after buying an additional 38 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its position in Teradyne by 5.8% during the second quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company's stock valued at $352,000 after acquiring an additional 40 shares in the last quarter. Stephens Inc. AR raised its position in Teradyne by 1.2% during the fourth quarter. Stephens Inc. AR now owns 3,332 shares of the company's stock valued at $645,000 after acquiring an additional 41 shares in the last quarter. Finally, Sapient Capital LLC lifted its stake in Teradyne by 1.5% in the fourth quarter. Sapient Capital LLC now owns 2,849 shares of the company's stock valued at $560,000 after acquiring an additional 43 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TER has been the topic of a number of recent research reports. The Goldman Sachs Group restated a "buy" rating and set a $465.00 price target on shares of Teradyne in a report on Tuesday, July 28th. UBS Group increased their target price on shares of Teradyne from $440.00 to $500.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Robert W. Baird restated a "neutral" rating and set a $420.00 target price on shares of Teradyne in a report on Friday, August 21st. Wall Street Zen cut Teradyne from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Bank of America upped their price target on Teradyne from $365.00 to $525.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and an average target price of $396.80.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: New India semiconductor office: Teradyne opened its first dedicated office in Bengaluru to support customers involved in India’s expanding semiconductor fabrication, packaging and testing ecosystem. The move strengthens the company’s local presence and could position it to benefit from long-term investment in India’s domestic chip-manufacturing infrastructure. Teradyne Opens Office in India, Deepening Commitment to the Country’s Growing Semiconductor Ecosystem
• Positive Sentiment: Robotics product momentum: Teradyne subsidiary Universal Robots unveiled its seventh-generation platform, featuring redesigned controls and an AI-ready tool flange. The launch reinforces Teradyne’s exposure to industrial automation, collaborative robots and physical-AI adoption. Universal Robots Unveils Gen 7
• Positive Sentiment: Favorable industry positioning: Zacks highlighted Teradyne among robotics stocks with potential for long-term growth, citing the sector’s expected expansion across multiple industries. Such coverage may improve sentiment, though it is not a formal change to earnings estimates. Top Robotics Stocks to Add to Your Portfolio
• Neutral Sentiment: Growth opportunity versus execution: The India office is strategically positive, but the announcements did not disclose material revenue, contract or earnings expectations. The financial benefit will depend on how quickly India’s semiconductor capacity develops and how much business Teradyne captures.
• Negative Sentiment: Elevated valuation: Commentary warned that Teradyne’s test business is priced for substantial future growth, with a trailing earnings multiple above 50 times cited in one analysis. Investors may remain sensitive to any signs that semiconductor-test or robotics growth does not justify the premium valuation. Is Teradyne Stock Asking Too Much of Its Test Business?
• Negative Sentiment: Recent volatility: Teradyne shares previously slid 13% after a four-session advance, highlighting profit-taking and concerns about the stock’s elevated expectations. Teradyne Slides 13% After Four-Session Run Ends

Insider Activity

In other news, CEO Gregory Smith sold 4,000 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the completion of the transaction, the chief executive officer owned 112,495 shares of the company's stock, valued at approximately $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.19% of the company's stock.

Teradyne Stock Up 1.1%

TER opened at $332.85 on Wednesday. The stock's 50 day moving average price is $364.38 and its two-hundred day moving average price is $360.27. The firm has a market capitalization of $52.04 billion, a P/E ratio of 45.66, a price-to-earnings-growth ratio of 0.67 and a beta of 1.78. Teradyne, Inc. has a 12-month low of $112.81 and a 12-month high of $487.91.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.38. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company's quarterly revenue was up 103.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 earnings per share. As a group, analysts anticipate that Teradyne, Inc. will post 9.1 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.13 per share. The ex-dividend date is Friday, September 4th. This represents a $0.52 annualized dividend and a dividend yield of 0.2%. Teradyne's payout ratio is presently 7.13%.

Teradyne Company Profile

Teradyne, Inc NASDAQ: TER develops and supplies automated test equipment and industrial automation solutions. Its testing products are used by semiconductor, electronics, wireless, storage and other manufacturers to evaluate the performance and quality of components, devices and systems during production.

The company's semiconductor test business provides systems for testing logic, memory, analog and mixed-signal devices, along with related handlers and software. Teradyne also offers system and product test solutions for electronic equipment and wireless devices.

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