Gabelli Funds LLC Makes New $339,000 Investment in Teradyne, Inc. $TER

Key Points

• Gabelli Funds LLC acquired 4,100 shares of Teradyne, Inc. valued at approximately $339,000 in the first quarter, marking a significant new investment in the company.
• Analysts have issued new price targets for Teradyne, with UBS Group raising its target to $130.00, while Morgan Stanley adjusted its target from $74.00 to $100.00, reflecting a generally positive outlook on the stock.
• Teradyne announced a quarterly dividend of $0.12 per share to be paid on September 29th, with an annualized yield of 0.4%, indicating a commitment to returning value to shareholders.

Gabelli Funds LLC acquired a new position in Teradyne, Inc. (NASDAQ:TER - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 4,100 shares of the company's stock, valued at approximately $339,000.

A number of other large investors have also recently made changes to their positions in TER. Berbice Capital Management LLC boosted its position in shares of Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Manchester Capital Management LLC boosted its position in shares of Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of Teradyne by 189.9% during the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock valued at $38,000 after purchasing an additional 302 shares in the last quarter. Sentry Investment Management LLC bought a new stake in Teradyne in the first quarter worth $45,000. Finally, AdvisorNet Financial Inc boosted its holdings in Teradyne by 319.0% in the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after acquiring an additional 453 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne Stock Down 0.2%

TER traded down $0.24 during midday trading on Thursday, reaching $119.39. The company had a trading volume of 3,136,865 shares, compared to its average volume of 3,486,728. The business has a 50-day moving average of $102.62 and a two-hundred day moving average of $91.60. The company has a market cap of $18.99 billion, a P/E ratio of 41.31, a P/E/G ratio of 2.49 and a beta of 1.80. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last released 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 analyst estimates of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The business's quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, equities research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be paid a dividend of $0.12 per share. 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%.

Insider Buying and Selling

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the completion of the transaction, the chief executive officer directly owned 96,993 shares of the company's stock, valued at approximately $10,281,258. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.16% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on TER. UBS Group reissued a "buy" rating and issued a $130.00 target price (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $102.00 target price (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Cantor Fitzgerald set a $105.00 price target on Teradyne and gave the stock an "overweight" rating in a research note on Tuesday, June 24th. Stifel Nicolaus boosted their price target on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group restated a "sell" rating and issued a $85.00 price target on shares of Teradyne in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.44.

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.