Deroy & Devereaux Private Investment Counsel Inc. Buys 8,527 Shares of Teradyne, Inc. $TER

Key Points

• Deroy & Devereaux Private Investment Counsel Inc. increased its stake in Teradyne, Inc. by 4.6%, acquiring an additional 8,527 shares during the 2nd quarter, bringing their total ownership to 192,349 shares valued at approximately $17.3 million.
• The company's quarterly earnings exceeded analysts' expectations with $0.57 EPS, surpassing the consensus estimate of $0.54, despite a 10.7% decline in revenue year-over-year.
• UBS Group raised its price target for Teradyne shares from $120.00 to $130.00, reflecting ongoing positive sentiment among analysts, with a consensus rating of "Moderate Buy" and an average price target of approximately $124.93.

Deroy & Devereaux Private Investment Counsel Inc. grew its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 4.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 192,349 shares of the company's stock after acquiring an additional 8,527 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. owned about 0.12% of Teradyne worth $17,296,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Bayforest Capital Ltd raised its stake in Teradyne by 195.5% in the second quarter. Bayforest Capital Ltd now owns 523 shares of the company's stock worth $47,000 after buying an additional 346 shares in the last quarter. Boston Trust Walden Corp grew its holdings in shares of Teradyne by 5.6% during the second quarter. Boston Trust Walden Corp now owns 427,399 shares of the company's stock valued at $38,432,000 after buying an additional 22,635 shares during the last quarter. NorthRock Partners LLC purchased a new stake in shares of Teradyne during the second quarter valued at $225,000. Sequoia Financial Advisors LLC grew its holdings in shares of Teradyne by 73.3% during the second quarter. Sequoia Financial Advisors LLC now owns 4,585 shares of the company's stock valued at $412,000 after buying an additional 1,939 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Teradyne by 26.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company's stock valued at $286,634,000 after purchasing an additional 652,175 shares during the period. Institutional investors own 99.77% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. UBS Group restated a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Weiss Ratings restated a "hold (c)" rating on shares of Teradyne in a research report on Wednesday, October 8th. Morgan Stanley upped their price target on shares of Teradyne from $100.00 to $136.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Finally, Stifel Nicolaus upped their price objective on shares of Teradyne from $100.00 to $119.00 and gave the company a "hold" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Teradyne has a consensus rating of "Moderate Buy" and an average price target of $124.93.

Teradyne Stock Performance

NASDAQ:TER opened at $136.97 on Wednesday. The stock has a market capitalization of $21.79 billion, a P/E ratio of 47.39, a PEG ratio of 2.93 and a beta of 1.82. The company has a 50 day moving average price of $122.67 and a 200 day moving average price of $97.48. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $150.71.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The firm's quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the company posted $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Research analysts forecast 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. Investors of record on Friday, September 5th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. Teradyne's dividend payout ratio (DPR) is presently 16.61%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $126.39, for a total value of $70,020.06. Following the completion of the transaction, the chief executive officer owned 95,885 shares of the company's stock, valued at $12,118,905.15. This trade represents a 0.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders have sold 2,216 shares of company stock valued at $251,028. Company insiders own 0.16% of the company's stock.

Teradyne Profile

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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