Needham Investment Management LLC Acquires 13,000 Shares of Teradyne, Inc. $TER

Key Points

• Needham Investment Management LLC increased its stake in Teradyne, Inc. by 27.4% during Q1, owning a total of 60,500 shares valued at approximately $4.997 million after acquiring an additional 13,000 shares.
• Teradyne's latest earnings report showed an EPS of $0.57, surpassing the consensus estimate of $0.54, despite revenue declining by 10.7% compared to the previous year.
• The company announced a quarterly dividend of $0.12 per share, representing a 0.4% annualized yield, with a dividend payout ratio of 16.61%.

Needham Investment Management LLC increased its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 27.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,500 shares of the company's stock after purchasing an additional 13,000 shares during the period. Needham Investment Management LLC's holdings in Teradyne were worth $4,997,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TER. Snowden Capital Advisors LLC grew its holdings in shares of Teradyne by 2.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,748 shares of the company's stock valued at $472,000 after buying an additional 103 shares during the period. HighTower Advisors LLC grew its holdings in shares of Teradyne by 1.0% in the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company's stock valued at $1,035,000 after buying an additional 124 shares during the period. Manchester Capital Management LLC grew its holdings in shares of Teradyne by 44.7% in the 1st 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. MassMutual Private Wealth & Trust FSB boosted its stake in Teradyne by 22.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 820 shares of the company's stock worth $68,000 after purchasing an additional 149 shares during the period. Finally, Heritage Family Offices LLP boosted its stake in Teradyne by 6.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,568 shares of the company's stock worth $212,000 after purchasing an additional 161 shares during the period. Institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TER shares. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $102.00 target price (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. Cantor Fitzgerald set a $105.00 target price on shares of Teradyne and gave the stock an "overweight" rating in a research note on Tuesday, June 24th. Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Finally, Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and upped their target price for the stock 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, ten have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $114.44.

Teradyne Stock Down 2.2%

Shares of TER stock traded down $2.62 on Thursday, reaching $115.21. The stock had a trading volume of 1,386,581 shares, compared to its average volume of 3,488,261. The firm's 50-day moving average is $105.29 and its two-hundred day moving average is $91.69. The firm has a market capitalization of $18.33 billion, a price-to-earnings ratio of 39.86, a P/E/G ratio of 2.42 and a beta of 1.80. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. The company had revenue of $651.80 million for the quarter, compared to analysts' expectations of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. Teradyne's quarterly revenue was down 10.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, sell-side analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 5th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Friday, September 5th. Teradyne's dividend payout ratio is currently 16.61%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total value of $58,724.00. Following the transaction, the chief executive officer directly owned 96,993 shares of the company's stock, valued at $10,281,258. This represents a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Teradyne 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.