Canada Pension Plan Investment Board Has $14.41 Million Holdings in Teradyne, Inc. $TER

Key Points

• The Canada Pension Plan Investment Board reduced its holdings in Teradyne, Inc. by 66.1%, now owning about $14.41 million worth of shares after selling 339,300 shares in the 1st quarter.
• Analysts rate Teradyne with an average of "Moderate Buy", with an average price target of $114.44 following various upgrades and downgrades from firms like Morgan Stanley and Goldman Sachs.
• Teradyne recently announced a quarterly dividend of $0.12, which will be paid on September 29th, representing a 0.4% annual yield.

Canada Pension Plan Investment Board decreased its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 66.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 174,400 shares of the company's stock after selling 339,300 shares during the quarter. Canada Pension Plan Investment Board owned about 0.11% of Teradyne worth $14,405,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TER. Berbice Capital Management LLC increased its position in shares of Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after buying an additional 200 shares during the period. Manchester Capital Management LLC boosted its position in Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after acquiring an additional 140 shares during the last quarter. Brooklyn Investment Group grew its holdings in Teradyne by 189.9% during the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after acquiring an additional 302 shares during the period. Sentry Investment Management LLC bought a new position in shares of Teradyne in the 1st quarter worth about $45,000. Finally, AdvisorNet Financial Inc raised its position in shares of Teradyne by 319.0% in the 1st quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after acquiring an additional 453 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TER shares. The Goldman Sachs Group restated a "sell" rating and set a $85.00 price target on shares of Teradyne in a report on Wednesday, July 30th. Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $74.00 to $100.00 in a research report on Thursday, July 31st. UBS Group restated a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $102.00 price objective (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Finally, Stifel Nicolaus boosted 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $114.44.

Teradyne Trading Up 0.3%

Shares of NASDAQ:TER opened at $118.24 on Tuesday. The stock has a market cap of $18.81 billion, a PE ratio of 40.91, a price-to-earnings-growth ratio of 2.49 and a beta of 1.80. The stock's fifty day simple moving average is $101.42 and its two-hundred day simple moving average is $91.21. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last posted its 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 net margin of 16.59% and a return on equity of 18.16%. The firm had revenue of $651.80 million during the quarter, compared to analyst estimates of $649.02 million. During the same quarter in the prior year, the business posted $0.86 EPS. The business's revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, sell-side analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.4%. Teradyne's dividend payout ratio (DPR) is 16.61%.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total transaction of $58,724.00. Following the completion of the transaction, the chief executive officer owned 96,993 shares in the company, valued at approximately $10,281,258. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by 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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