Intact Investment Management Inc. Reduces Stake in Teradyne, Inc. $TER

Key Points

• Intact Investment Management Inc. cut its Teradyne stake by 53.6% in Q4, selling 19,300 shares and retaining 16,700 shares valued at about $3.23 million.
• Teradyne beat expectations with Q1 EPS of $2.56 and revenue of $1.28 billion (up 87% YoY), but the stock sold off sharply after earnings as investor expectations and the outlook created volatility.
• Analysts remain largely bullish — consensus is a Moderate Buy with an average target of $339.80 and several firms raising targets (UBS $440, JPMorgan $400) — while institutional ownership is roughly 99.77%.

Intact Investment Management Inc. lowered its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 53.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,700 shares of the company's stock after selling 19,300 shares during the period. Intact Investment Management Inc.'s holdings in Teradyne were worth $3,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of TER. Root Financial Partners LLC purchased a new stake in Teradyne in the third quarter valued at approximately $31,000. Davidson Capital Management Inc. purchased a new stake in Teradyne in the third quarter valued at approximately $31,000. CYBER HORNET ETFs LLC purchased a new stake in Teradyne in the second quarter valued at approximately $35,000. Hemington Wealth Management boosted its position in Teradyne by 43.2% in the third quarter. Hemington Wealth Management now owns 262 shares of the company's stock valued at $36,000 after buying an additional 79 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teradyne in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Teradyne Price Performance

Shares of TER stock opened at $337.44 on Tuesday. The company has a market cap of $52.83 billion, a price-to-earnings ratio of 62.49, a PEG ratio of 1.43 and a beta of 1.79. The stock has a 50 day simple moving average of $329.08 and a 200-day simple moving average of $250.58. Teradyne, Inc. has a 1-year low of $73.11 and a 1-year high of $422.11.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The firm's revenue for the quarter was up 87.0% on a year-over-year basis. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. Analysts anticipate that Teradyne, Inc. will post 7.05 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TER shares. UBS Group upped their target price on Teradyne from $325.00 to $440.00 and gave the company a "buy" rating in a research report on Tuesday, April 21st. Northland Securities restated a "market perform" rating and issued a $270.00 price objective on shares of Teradyne in a research report on Wednesday, February 4th. JPMorgan Chase & Co. upgraded Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 price objective on the stock in a research report on Thursday, April 30th. Vertical Research lowered Teradyne from a "buy" rating to a "hold" rating and set a $220.00 price objective on the stock. in a research report on Friday, January 9th. Finally, Stifel Nicolaus upped their price objective on Teradyne from $325.00 to $390.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $339.80.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts and bullish writeups emphasize Teradyne's AI exposure — about 70% of revenue — and dramatic EPS growth, positioning the company as a core play on AI infrastructure demand. Bull of the Day: Teradyne (TER)
• Positive Sentiment: Zacks’ “Bull of the Day” piece highlights Teradyne’s market position in automated test equipment and robotics across semiconductors and data center customers, reinforcing the growth narrative. Bull of the Day: Teradyne (TER)
• Positive Sentiment: Northland Securities raised Q2 EPS estimates for Teradyne, reflecting higher near‑term earnings expectations following the quarter. Q2 EPS Estimates for Teradyne Lifted by Northland Securities
• Positive Sentiment: Jim Cramer highlighted Teradyne’s role in the massive AI/data center buildout, increasing retail and momentum investor interest. Jim Cramer Explains the Role of Teradyne in the Data Center Build Out
• Neutral Sentiment: Duplicate coverage reiterates Cramer’s comments and the company’s infrastructure relevance; useful context but not new catalyst. Jim Cramer Explains the Role of Teradyne in the Data Center Build Out (InsiderMonkey)
• Negative Sentiment: Despite the record, headlines reported a sharp post‑earnings sell‑off — investors appear to have reacted to the gap between sky‑high expectations and the company’s outlook/nuances, triggering a large one‑day decline. Teradyne stock drops 17% despite record AI-driven quarter
• Negative Sentiment: Analysis notes the quarter didn’t fully satisfy extremely high investor expectations, which helps explain recent weakness even as the long‑term AI thesis remains intact. Here's Why Teradyne Stock Slumped (And Why it Could Be a Great AI Stock to Buy)

Teradyne Company 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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