Ieq Capital LLC Purchases 95,749 Shares of Teradyne, Inc. $TER

Key Points

• Ieq Capital LLC increased its stake in Teradyne, Inc. by 898.5% in the first quarter, acquiring 106,405 shares worth approximately $8.79 million.
• Teradyne reported earnings of $0.57 per share, surpassing estimates and showing a 10.7% decline in revenue year-over-year.
• A quarterly dividend of $0.12 per share was announced, with a dividend yield of 0.4%, scheduled for payment on September 29th.

Ieq Capital LLC raised its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 898.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,405 shares of the company's stock after buying an additional 95,749 shares during the quarter. Ieq Capital LLC owned about 0.07% of Teradyne worth $8,789,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Berbice Capital Management LLC raised its stake 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 during the period. Manchester Capital Management LLC raised its stake 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 during the period. Brooklyn Investment Group raised its stake 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 during the period. Sentry Investment Management LLC bought a new stake in shares of Teradyne in the first quarter valued at $45,000. Finally, AdvisorNet Financial Inc raised its stake in shares of Teradyne by 319.0% in the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock valued at $49,000 after buying an additional 453 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Teradyne Trading Up 0.3%

Shares of NASDAQ TER traded up $0.35 during mid-day trading on Friday, hitting $118.24. The company had a trading volume of 4,107,503 shares, compared to its average volume of 3,577,917. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $144.16. The stock's 50-day moving average price is $100.81 and its 200-day moving average price is $91.46. The company has a market capitalization of $18.81 billion, a price-to-earnings ratio of 37.30, a P/E/G ratio of 2.49 and a beta of 1.72.

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

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, September 5th. Teradyne's payout ratio is presently 16.61%.

Analyst Ratings Changes

Several brokerages have issued reports on TER. Cowen restated a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. Cantor Fitzgerald set a $105.00 target price on Teradyne and gave the company an "overweight" rating in a research note on Tuesday, June 24th. Stifel Nicolaus boosted their target price on Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. The Goldman Sachs Group restated a "sell" rating and issued a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. Finally, Wall Street Zen cut Teradyne from a "hold" rating to a "sell" rating in a research report on Sunday, August 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 issued a Sell rating to the stock. According to MarketBeat.com, the company 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.