Caisse DE Depot ET Placement DU Quebec Lowers Stake in Teradyne, Inc. $TER

Key Points

• Caisse DE Depot ET Placement DU Quebec reduced its stake in Teradyne, Inc. by 55.8%, now holding 30,285 shares valued at approximately $2.5 million.
• In recent trading, Teradyne's stock is valued at $117.89 with a market capitalization of $18.75 billion and a PE ratio of 40.79.
• Teradyne reported $0.57 EPS for its latest quarter, surpassing expectations, but its revenue fell 10.7% compared to the same period last year.

Caisse DE Depot ET Placement DU Quebec decreased its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 55.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,285 shares of the company's stock after selling 38,191 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Teradyne were worth $2,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in TER. Berbice Capital Management LLC grew its holdings in shares of Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after buying an additional 200 shares during the last quarter. Manchester Capital Management LLC boosted its holdings in Teradyne by 44.7% in the first 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. Brooklyn Investment Group boosted its holdings in Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after purchasing an additional 302 shares during the last quarter. Sentry Investment Management LLC purchased a new stake in Teradyne in the first quarter worth approximately $45,000. Finally, AdvisorNet Financial Inc boosted its holdings in Teradyne by 319.0% in the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after purchasing an additional 453 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

Teradyne Trading Up 1.2%

TER stock traded up $1.36 during midday trading on Tuesday, reaching $119.60. 1,630,561 shares of the company's stock traded hands, compared to its average volume of 3,477,881. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16. The stock has a market cap of $19.02 billion, a P/E ratio of 41.18, a PEG ratio of 2.49 and a beta of 1.80. The stock's 50-day moving average is $101.42 and its 200 day moving average is $91.21.

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

Teradyne Announces Dividend

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

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction that occurred 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 transaction, the chief executive officer owned 96,993 shares of the company's stock, valued at $10,281,258. The trade was a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TER has been the topic of several research reports. UBS Group restated a "buy" rating and issued a $130.00 target price (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Morgan Stanley upgraded shares of Teradyne from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. Cowen restated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $102.00 target price (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Finally, The Goldman Sachs Group restated a "sell" rating and issued a $85.00 target price on shares of Teradyne in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.