Fideuram Asset Management Ireland dac Invests $25.87 Million in Teradyne, Inc. $TER

Key Points

• Fideuram Asset Management Ireland dac bought 133,651 shares of Teradyne in the fourth quarter, a stake worth about $25.9 million and equal to roughly 1.9% of its portfolio.
• Wall Street sentiment on Teradyne remains upbeat, with multiple firms recently raising price targets; the stock now carries a Moderate Buy consensus and an average target price of $339.80.
• Teradyne reported strong quarterly results, beating EPS and revenue estimates, and also raised its quarterly dividend from $0.12 to $0.13 per share.

Fideuram Asset Management Ireland dac purchased a new position in Teradyne, Inc. (NASDAQ:TER - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 133,651 shares of the company's stock, valued at approximately $25,869,000. Teradyne makes up about 1.9% of Fideuram Asset Management Ireland dac's holdings, making the stock its 8th biggest position. Fideuram Asset Management Ireland dac owned approximately 0.09% of Teradyne at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TER. Davidson Capital Management Inc. purchased a new stake in shares of Teradyne in the third quarter worth about $31,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Teradyne in the second quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teradyne in the fourth quarter valued at approximately $37,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Teradyne in the third quarter valued at approximately $41,000. Finally, True Wealth Design LLC raised its stake in Teradyne by 49.6% in the fourth quarter. True Wealth Design LLC now owns 211 shares of the company's stock valued at $41,000 after purchasing an additional 70 shares in the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TER. Citigroup raised their target price on shares of Teradyne from $325.00 to $400.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Cantor Fitzgerald raised their target price on shares of Teradyne from $330.00 to $400.00 and gave the company an "overweight" rating in a research note on Thursday, April 9th. Robert W. Baird set a $350.00 target price on shares of Teradyne in a research note on Thursday, April 30th. Weiss Ratings raised shares of Teradyne from a "hold (c)" rating to a "buy (b-)" rating in a research note on Monday, May 4th. Finally, Wall Street Zen raised shares of Teradyne from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Teradyne has an average rating of "Moderate Buy" and a consensus target price of $339.80.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 8,597 shares of Teradyne stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares of the company's stock, valued at approximately $42,192,840.60. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of Teradyne stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total transaction of $256,768.00. Following the transaction, the vice president directly owned 7,665 shares in the company, valued at $2,894,304. This trade represents a 8.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 10,941 shares of company stock valued at $3,751,992. 0.19% of the stock is currently owned by corporate insiders.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
• Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy "Sell in May and Go Away" Adage
• Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage

Teradyne Stock Performance

TER stock opened at $382.65 on Friday. The company has a market capitalization of $59.90 billion, a PE ratio of 70.86, a price-to-earnings-growth ratio of 1.55 and a beta of 1.79. Teradyne, Inc. has a one year low of $77.02 and a one year high of $422.11. The company's 50 day moving average price is $346.87 and its two-hundred day moving average price is $275.75.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.11 by $0.45. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The business's revenue was up 87.0% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. On average, research analysts predict that Teradyne, Inc. will post 7.09 EPS for the current year.

Teradyne Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is a boost from Teradyne's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Thursday, May 21st. Teradyne's payout ratio is 9.63%.

Teradyne Profile

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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