Mirae Asset Global Investments Co. Ltd. Raises Holdings in Teradyne, Inc. $TER

Key Points

• Mirae Asset Global Investments increased its stake in Teradyne by 3.4%, now owning 277,002 shares valued at approximately $24.9 million.
• CEO Gregory Stephen Smith sold 554 shares recently, representing a 0.57% decrease in his ownership, while insiders sold a total of 2,216 shares in the last 90 days.
• Teradyne announced a quarterly dividend of $0.12, translating to an annualized yield of 0.3%, with a current payout ratio of 16.61%.

Mirae Asset Global Investments Co. Ltd. grew its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 277,002 shares of the company's stock after buying an additional 9,094 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.17% of Teradyne worth $24,908,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TER. Wellington Management Group LLP lifted its position in shares of Teradyne by 36.2% during the 4th quarter. Wellington Management Group LLP now owns 14,554 shares of the company's stock valued at $1,833,000 after buying an additional 3,870 shares during the last quarter. Parallel Advisors LLC boosted its stake in Teradyne by 18.6% in the 1st quarter. Parallel Advisors LLC now owns 1,783 shares of the company's stock worth $147,000 after purchasing an additional 279 shares during the period. Rhumbline Advisers boosted its stake in Teradyne by 8.8% in the 1st quarter. Rhumbline Advisers now owns 334,949 shares of the company's stock worth $27,667,000 after purchasing an additional 27,132 shares during the period. Merit Financial Group LLC bought a new position in Teradyne in the 1st quarter worth about $1,312,000. Finally, Sentry Investment Management LLC bought a new position in Teradyne in the 1st quarter worth about $45,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the 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 transaction, the chief executive officer owned 95,885 shares of the company's stock, valued at approximately $12,118,905.15. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 2,216 shares of company stock valued at $251,028 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $145.64 on Friday. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $149.46. The business has a 50-day simple moving average of $117.22 and a two-hundred day simple moving average of $94.85. The firm has a market cap of $23.17 billion, a price-to-earnings ratio of 50.39, a price-to-earnings-growth ratio of 3.04 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results 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. 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 analyst estimates of $649.02 million. During the same quarter in the previous year, the firm earned $0.86 EPS. Teradyne'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, research analysts predict 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 was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne's payout ratio is 16.61%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings restated a "hold (c)" rating on shares of Teradyne in a research note on Saturday, September 27th. 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. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Cowen reissued a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Finally, Susquehanna boosted their target price on Teradyne from $133.00 to $200.00 and gave the stock a "positive" rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $118.63.

Teradyne Company 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.

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