CX Institutional Buys 2,334 Shares of Teradyne, Inc. $TER

Key Points

• CX Institutional increased its stake in Teradyne, Inc. by 209.7%, acquiring 2,334 additional shares, bringing its total holdings to 3,447 shares valued at approximately $310,000.
• Several analysts have upgraded their ratings for Teradyne, with Morgan Stanley raising its target price from $74 to $100 and UBS Group increasing its target from $120 to $130.
• Teradyne announced a quarterly dividend of $0.12 per share, scheduled to be paid on September 29th, representing an annual yield of 0.4%.

CX Institutional lifted its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 209.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,447 shares of the company's stock after acquiring an additional 2,334 shares during the period. CX Institutional's holdings in Teradyne were worth $310,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Berbice Capital Management LLC raised its position in shares of Teradyne by 200.0% in the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Manchester Capital Management LLC grew its stake in Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares during the last quarter. Brooklyn Investment Group grew its stake 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 buying an additional 302 shares during the last quarter. Sentry Investment Management LLC purchased a new position in Teradyne during the 1st quarter worth $45,000. Finally, AdvisorNet Financial Inc grew its stake in Teradyne by 319.0% during the 1st quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after buying an additional 453 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on TER shares. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $74.00 to $100.00 in a research note on Thursday, July 31st. UBS Group restated a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Susquehanna boosted their target price on Teradyne from $133.00 to $200.00 and gave the stock a "positive" rating in a research note on Monday. Finally, The Goldman Sachs Group restated a "sell" rating and set a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Teradyne currently has an average rating of "Moderate Buy" and an average price target of $118.63.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 554 shares of the company's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $115.00, for a total value of $63,710.00. Following the completion of the transaction, the chief executive officer owned 96,439 shares of the company's stock, valued at approximately $11,090,485. This represents a 0.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 1,662 shares of company stock valued at $181,008. Corporate insiders own 0.16% of the company's stock.

Teradyne Trading Up 12.8%

NASDAQ TER opened at $135.18 on Tuesday. The stock has a market capitalization of $21.50 billion, a price-to-earnings ratio of 46.78, a PEG ratio of 2.52 and a beta of 1.80. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $144.16. The stock has a 50-day moving average of $109.13 and a 200 day moving average of $91.91.

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

Teradyne Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. Teradyne's dividend payout ratio is presently 16.61%.

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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