Teradyne, Inc. $TER Shares Purchased by Credit Agricole S A

Key Points

• Credit Agricole S A increased its stake in Teradyne, Inc. by 8.8% during Q1, bringing its total holdings to 46,855 shares valued at approximately $3.87 million.
• Teradyne reported a Q2 EPS of $0.57, exceeding analyst expectations, but indicated a revenue decline of 10.7% year-over-year.
• Historically, Teradyne has seen significant institutional interest, with hedge funds and institutional investors owning 99.77% of its stock.

Credit Agricole S A increased its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 8.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,855 shares of the company's stock after buying an additional 3,784 shares during the period. Credit Agricole S A's holdings in Teradyne were worth $3,870,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TER. Berbice Capital Management LLC boosted its holdings in 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 in the last quarter. Manchester Capital Management LLC boosted its holdings in Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares in the last quarter. Brooklyn Investment Group boosted its position in Teradyne by 189.9% during the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after purchasing an additional 302 shares in the last quarter. Sentry Investment Management LLC purchased a new position in Teradyne during the first quarter worth approximately $45,000. Finally, AdvisorNet Financial Inc boosted its position in Teradyne by 319.0% during the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after purchasing an additional 453 shares in the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total value of $58,724.00. Following the completion of the sale, the chief executive officer owned 96,993 shares of the company's stock, valued at approximately $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.16% of the company's stock.

Teradyne Stock Up 1.3%

Shares of Teradyne stock traded up $1.54 during mid-day trading on Tuesday, reaching $118.61. 3,563,515 shares of the stock traded hands, compared to its average volume of 3,491,565. The business has a 50-day moving average of $98.28 and a 200 day moving average of $91.03. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $144.16. The stock has a market capitalization of $18.87 billion, a PE ratio of 41.04, a PEG ratio of 2.43 and a beta of 1.72.

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 return on equity of 18.16% and a net margin of 16.59%.The business had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. During the same quarter in the prior year, the firm earned $0.86 earnings per share. 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, equities research analysts expect that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne announced that its board has approved a stock repurchase plan on Monday, April 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Teradyne Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Cantor Fitzgerald set a $105.00 price target on Teradyne and gave the stock an "overweight" rating in a research report on Tuesday, June 24th. Wall Street Zen downgraded Teradyne from a "hold" rating to a "sell" rating in a research report on Sunday. Cowen reiterated a "buy" rating on shares of Teradyne in a research report on Wednesday, July 30th. Stifel Nicolaus increased their price target on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. Finally, Susquehanna lowered their price target on Teradyne from $155.00 to $133.00 and set a "positive" rating on the stock in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

About Teradyne

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.