Lmcg Investments LLC Trims Stock Holdings in Teradyne, Inc. $TER

Key Points

• Lmcg Investments LLC has reduced its stake in Teradyne, Inc. by 51.4% in the second quarter, bringing its total shares to 41,068 valued at approximately $3.69 million.
• Analysts have given Teradyne a consensus rating of "Moderate Buy" with an average price target of $121.27, following recent upgrades from multiple research firms.
• Teradyne declared a quarterly dividend of $0.12 per share, with a yield of 0.4%, which reflects a 16.61% payout ratio.

Lmcg Investments LLC decreased its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 51.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,068 shares of the company's stock after selling 43,458 shares during the period. Lmcg Investments LLC's holdings in Teradyne were worth $3,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Berbice Capital Management LLC raised its stake in Teradyne by 200.0% in the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Manchester Capital Management LLC raised its stake in Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after acquiring an additional 140 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of Teradyne by 189.9% during the 1st 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 last quarter. Steph & Co. purchased a new position in shares of Teradyne during the 2nd quarter valued at about $43,000. Finally, Summit Securities Group LLC purchased a new position in shares of Teradyne during the 1st quarter valued at about $58,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TER. Stifel Nicolaus lifted their price objective on Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Cowen reiterated a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. UBS Group reiterated a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Finally, Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $74.00 to $100.00 in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $121.27.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $126.39, for a total value of $70,020.06. Following the sale, the chief executive officer directly owned 95,885 shares in the company, valued at approximately $12,118,905.15. The trade was a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 2,216 shares of company stock valued at $251,028. Insiders own 0.16% of the company's stock.

Teradyne Stock Down 9.0%

Shares of Teradyne stock opened at $132.08 on Friday. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $150.71. The business has a 50-day moving average price of $121.40 and a 200 day moving average price of $96.68. The firm has a market cap of $21.01 billion, a PE ratio of 45.70, a P/E/G ratio of 3.05 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share (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 company had revenue of $651.80 million for the quarter, compared to analysts' expectations of $649.02 million. During the same period in the previous year, the firm posted $0.86 EPS. Teradyne's revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, September 5th. Teradyne's payout ratio is presently 16.61%.

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.

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