Chapin Davis Inc. Invests $4.18 Million in Teradyne, Inc. $TER

Key Points

• Chapin Davis bought 21,614 shares of Teradyne (~$4.18M) in Q4, and institutional investors now hold about 99.77% of the stock, underscoring heavy institutional interest.
• Teradyne reported a sizable Q1 beat (non‑GAAP EPS $2.56 vs. $2.11; revenue $1.282B, +87% y/y) driven by semiconductor test sales, but its mixed Q2 guidance (EPS $1.860–2.150; revenue $1.2–1.3B) prompted a sharp intraday pullback and volatility.
• Analysts remain generally positive—10 Buys vs. 6 Holds with a consensus rating of “Moderate Buy” and a consensus target of $328.87—while several firms have raised price targets amid strong results.

Chapin Davis Inc. acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,614 shares of the company's stock, valued at approximately $4,184,000. Teradyne accounts for approximately 1.0% of Chapin Davis Inc.'s holdings, making the stock its 27th biggest holding.

Several other large investors also recently modified their holdings of the company. ARK Investment Management LLC boosted its stake in Teradyne by 25.2% during the third quarter. ARK Investment Management LLC now owns 2,722,327 shares of the company's stock worth $374,701,000 after acquiring an additional 548,140 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Teradyne by 9.2% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,120 shares of the company's stock worth $12,542,000 after acquiring an additional 7,648 shares in the last quarter. Aspen Wealth Strategies LLC bought a new position in Teradyne during the third quarter worth $577,000. Assenagon Asset Management S.A. boosted its stake in Teradyne by 3,233.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company's stock worth $176,144,000 after acquiring an additional 882,723 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in Teradyne by 656.4% during the fourth quarter. Nordea Investment Management AB now owns 125,312 shares of the company's stock worth $24,554,000 after acquiring an additional 108,745 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TER has been the topic of several research analyst reports. Northland Securities reissued a "market perform" rating and set a $270.00 target price on shares of Teradyne in a research note on Wednesday, February 4th. Citigroup increased their target price on shares of Teradyne from $215.00 to $325.00 and gave the stock a "buy" rating in a research note on Wednesday, February 4th. Zacks Research lowered shares of Teradyne from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. The Goldman Sachs Group increased their target price on shares of Teradyne from $230.00 to $300.00 and gave the stock a "buy" rating in a research note on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Teradyne from $315.00 to $400.00 and gave the stock a "neutral" rating in a research note on Thursday, April 16th. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Teradyne currently has a consensus rating of "Moderate Buy" and a consensus target price of $328.87.

Teradyne Trading Down 5.4%

Teradyne stock opened at $380.13 on Wednesday. Teradyne, Inc. has a 1-year low of $71.27 and a 1-year high of $422.11. The firm has a market capitalization of $59.51 billion, a price-to-earnings ratio of 109.23, a price-to-earnings-growth ratio of 2.37 and a beta of 1.79. The firm's fifty day moving average price is $328.70 and its two-hundred day moving average price is $247.95.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.56 earnings per share for the quarter, beating analysts' consensus estimates of $2.11 by $0.45. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm earned $0.75 earnings per share. The business's quarterly revenue was up 87.0% compared to the same quarter last year. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, research analysts forecast that Teradyne, Inc. will post 6.22 EPS for the current year.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne reported a sizeable Q1 beat: non-GAAP EPS $2.56 vs. consensus $2.11 and revenue up 87% y/y to $1,282M, showing very strong top-line growth and profit leverage. Zacks: Teradyne Tops Q1 Estimates
• Positive Sentiment: Business Wire release shows revenue concentration: $1,111M from Semiconductor Test, $91M Robotics, $80M Product Test — signaling continued strength in chip-test demand. BusinessWire: Q1 2026 Results
• Positive Sentiment: Strategic partnerships and analyst support: Teradyne expanded its Flex robotics partnership (accelerates intelligent automation) and Stifel raised its price target to $390 with a Buy—both supportive for longer-term robotics/automation narratives. Eureka: Flex & Teradyne Expand Partnership Benzinga: Stifel Raises PT
• Neutral Sentiment: Analyst and media coverage ahead of the print highlighted expectations for semiconductor-test strength and drove pre-earnings attention; these notes are informative but not new catalysts. Yahoo: Earnings Preview
• Neutral Sentiment: Full earnings call transcript and slides are available for details on management’s outlook and assumptions; useful for investors deciding whether guidance issues are one-time or structural. Fool: Earnings Call Transcript
• Negative Sentiment: Mixed/guarded Q2 guidance appears to have pressured the stock: management set Q2 EPS of 1.860–2.150 (consensus ~1.920) and revenue $1.2–1.3B — a range that contains the street but signals uncertainty (lower bound below consensus), which likely prompted profit-taking despite the strong quarter. BusinessWire: Q1 Results & Guidance
• Negative Sentiment: Market reaction: heavy intraday volume and a down move indicate short-term repositioning by investors who had run the stock higher into earnings — expect volatility as investors parse whether chip-test demand will sustain current margins and growth.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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