Cwm LLC Lowers Stake in Teradyne, Inc. $TER

Key Points

• Cwm LLC has reduced its stake in Teradyne, Inc. by 51.4%, holding 18,201 shares valued at $1,637,000 after selling 19,250 shares in Q2.
• Multiple institutional investors, including Vanguard Group and Invesco Ltd., have increased their stakes in Teradyne in the first quarter, highlighting a trend of strong institutional interest.
• Teradyne recently announced a quarterly dividend of $0.12 per share, representing a 0.3% dividend yield, while also reporting earnings that beat consensus estimates.

Cwm LLC reduced its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 51.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,201 shares of the company's stock after selling 19,250 shares during the quarter. Cwm LLC's holdings in Teradyne were worth $1,637,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Teradyne by 2.5% during the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company's stock valued at $1,728,176,000 after purchasing an additional 516,332 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in Teradyne by 4.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company's stock worth $244,252,000 after acquiring an additional 131,152 shares during the period. Invesco Ltd. lifted its stake in Teradyne by 16.1% in the first quarter. Invesco Ltd. now owns 2,790,898 shares of the company's stock worth $230,528,000 after acquiring an additional 387,705 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Teradyne by 3.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,466,122 shares of the company's stock worth $203,726,000 after acquiring an additional 75,226 shares during the period. Finally, ARK Investment Management LLC lifted its stake in Teradyne by 16.7% in the first quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company's stock worth $185,321,000 after acquiring an additional 320,580 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the company's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the transaction, the chief executive officer owned 94,777 shares in the company, valued at $13,765,411.48. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 3,324 shares of company stock worth $411,954 in the last 90 days. Corporate insiders own 0.16% of the company's stock.

Teradyne Stock Performance

TER stock opened at $138.16 on Monday. The firm has a market cap of $21.98 billion, a price-to-earnings ratio of 47.81, a PEG ratio of 2.90 and a beta of 1.82. The firm has a 50-day simple moving average of $124.66 and a two-hundred day simple moving average of $98.83. Teradyne, Inc. has a one year low of $65.77 and a one year high of $150.71.

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

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, September 5th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Teradyne's dividend payout ratio is 16.61%.

Analysts Set New Price Targets

A number of research firms recently weighed in on TER. Northland Securities set a $161.00 price objective on shares of Teradyne in a research note on Tuesday, October 7th. The Goldman Sachs Group upped their price objective on shares of Teradyne from $85.00 to $130.00 and gave the stock a "sell" rating in a research note on Thursday, October 9th. Cowen reaffirmed a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $102.00 price objective (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. Finally, Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Teradyne currently has a consensus rating of "Moderate Buy" and an average target price of $124.93.

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.

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