Comerica Bank Has $3.50 Million Holdings in Teradyne, Inc. $TER

Key Points

• Comerica Bank cut its Teradyne stake by 76.3% in Q4, selling 58,110 shares and ending the period with 18,065 shares worth about $3.50 million.
• Teradyne beat Q1 estimates (EPS $2.56 vs. $2.11; revenue $1.28B, +87% YoY), spurring analyst upgrades and higher targets—Cantor Fitzgerald and JPMorgan at $400, Goldman at $350—and a consensus price target of $339.80.
• Despite upbeat results, management's cautious Q2 guidance and a ~350% prior rally triggered a post-earnings selloff and elevated short-term volatility; TER trades near $345 with a market cap of $54.08B and a P/E around 64.

Comerica Bank cut its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 76.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,065 shares of the company's stock after selling 58,110 shares during the period. Comerica Bank's holdings in Teradyne were worth $3,497,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. ARK Investment Management LLC raised its holdings in shares of Teradyne by 25.2% in the 3rd quarter. ARK Investment Management LLC now owns 2,722,327 shares of the company's stock worth $374,701,000 after buying an additional 548,140 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Teradyne by 656.4% in the 4th quarter. Nordea Investment Management AB now owns 125,312 shares of the company's stock worth $24,554,000 after buying an additional 108,745 shares in the last quarter. Aspen Wealth Strategies LLC acquired a new position in shares of Teradyne in the 3rd quarter worth approximately $577,000. Assenagon Asset Management S.A. raised its holdings in shares of Teradyne by 3,233.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company's stock worth $176,144,000 after buying an additional 882,723 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Teradyne by 9.2% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,120 shares of the company's stock worth $12,542,000 after buying an additional 7,648 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald increased their target price on Teradyne from $330.00 to $400.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. The Goldman Sachs Group raised their price target on Teradyne from $300.00 to $350.00 and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. raised Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 price target for the company in a report on Thursday. Zacks Research cut Teradyne from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Finally, Wall Street Zen raised Teradyne from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $339.80.

Teradyne Price Performance

TER stock opened at $345.42 on Monday. The business has a fifty day moving average price of $329.08 and a 200 day moving average price of $250.58. Teradyne, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $422.11. The stock has a market capitalization of $54.08 billion, a price-to-earnings ratio of 63.97, a P/E/G ratio of 1.43 and a beta of 1.79.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results 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 return on equity of 31.79% and a net margin of 22.55%.The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period last year, the firm posted $0.75 EPS. The business's revenue was up 87.0% on a year-over-year basis. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, equities analysts expect that Teradyne, Inc. will post 7.05 earnings per share for the current fiscal year.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Q1 results beat expectations and prompted fresh analyst revisions — Teradyne reported stronger-than-expected revenue and EPS, which is driving upward estimate revisions and supporting near-term upside. Results: Teradyne, Inc. Beat Earnings Expectations
• Positive Sentiment: Analysts and brokerages are lifting forecasts and ratings — JPMorgan upgraded TER to Overweight with a $400 target and several firms have raised EPS estimates, which supports the bullish case that current weakness is a buying opportunity. JPMorgan upgrades Teradyne to Buy
• Positive Sentiment: AI and robotics end-market momentum — Coverage highlighting Teradyne’s exposure to AI-related test equipment and improving robotics revenue underpins higher medium-term growth expectations. AI Momentum Lifts Teradyne In Nasdaq Composite Index Spotlight
• Positive Sentiment: Teradyne Robotics revenue is rising — Early-2026 growth in the robotics segment gives investors more confidence in diversified revenue drivers beyond semiconductor test. Teradyne Robotics revenue rises at the start of 2026
• Neutral Sentiment: Institutional positions and momentum lists are drawing attention — Large holders (e.g., Cathie Wood’s funds) and momentum screens keep TER in focus; this can amplify both rallies and pullbacks depending on flows. Cathie Wood's Robotics Bet Dips After 350% Run — JPMorgan Says Buy
• Neutral Sentiment: Analyst estimate lifts but mixed price targets — Firms like Northland raised EPS forecasts, yet some price targets remain conservative versus current levels, so analyst activity is constructive but not uniformly bullish. Earnings Estimates Rising for Teradyne (TER)
• Negative Sentiment: Q2 guidance disappointed some investors — Management’s Q2 revenue guide and modeled FY targets were seen as conservative vs. lofty expectations, which triggered a sharp post-earnings selloff and adds near-term downside risk if order trends soften. Teradyne Slides as 2Q Guidance Disappoints Lofty Expectations
• Negative Sentiment: Volatility from a large prior run-up — The stock’s ~350% rally into April created a bigger base for profit-taking; recent sharp pullbacks and heightened option activity increase short-term volatility. Earnings Estimates Rising for Teradyne (TER): Will It Gain?

About Teradyne

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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