Fuller & Thaler Asset Management Inc. Increases Stock Holdings in Teradyne, Inc. $TER

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Teradyne, Inc. by 84.3%, acquiring 87,685 additional shares in the first quarter, now holding a total of 191,719 shares valued at approximately $15.8 million.
• A variety of hedge funds made significant adjustments to their holdings in Teradyne, with Berbice Capital Management increasing its shares by 200% and others making smaller increases.
• Wall Street analysts have mixed reviews on Teradyne's stock, with many rating it as a "Moderate Buy", while setting price targets ranging from $100 to $114.44.

Fuller & Thaler Asset Management Inc. grew its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 84.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,719 shares of the company's stock after buying an additional 87,685 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 0.12% of Teradyne worth $15,836,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Berbice Capital Management LLC increased its position in shares of Teradyne by 200.0% in the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after buying an additional 200 shares in the last quarter. Manchester Capital Management LLC increased its position in shares of Teradyne by 44.7% in the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after buying an additional 140 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock valued at $38,000 after buying an additional 302 shares in the last quarter. Sentry Investment Management LLC purchased a new position in shares of Teradyne in the first quarter valued at $45,000. Finally, Transce3nd LLC purchased a new stake in Teradyne during the 4th quarter worth about $73,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a research report on Saturday. Cowen reiterated a "buy" rating on shares of Teradyne in a research report on Wednesday, July 30th. Stifel Nicolaus lifted their price objective on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $102.00 price objective (up previously from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. Finally, Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the stock an "overweight" rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $114.44.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction dated 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 in the company, valued at $10,281,258. The trade was a 0.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by company insiders.

Teradyne Price Performance

TER opened at $110.62 on Wednesday. The stock has a market capitalization of $17.60 billion, a price-to-earnings ratio of 38.28, a price-to-earnings-growth ratio of 2.31 and a beta of 1.72. The business has a 50-day moving average of $96.12 and a two-hundred day moving average of $91.17. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last posted 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 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%.The firm's revenue was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities research analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne declared that its board has authorized a stock repurchase plan on Monday, April 28th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

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.

Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.