New York State Teachers Retirement System Reduces Position in Teradyne, Inc. $TER

Key Points

• The New York State Teachers Retirement System reduced its stake in Teradyne, Inc. by 2.5%, bringing its total holdings to 121,578 shares worth approximately $10.93 million.
• CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock for about $160,926, resulting in a 1.16% decrease in his position.
• Teradyne recently declared a quarterly dividend of $0.12 per share, with a dividend yield of 0.3% and a payout ratio of 16.61%.

New York State Teachers Retirement System cut its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,578 shares of the company's stock after selling 3,055 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of Teradyne worth $10,932,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TER. Berbice Capital Management LLC grew its holdings in shares of Teradyne by 200.0% during 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 last quarter. Manchester Capital Management LLC boosted its holdings in 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 purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group boosted its holdings in 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 purchasing an additional 302 shares during the last quarter. Steph & Co. purchased a new stake in Teradyne in the second quarter valued at $43,000. Finally, Bayforest Capital Ltd boosted its holdings in Teradyne by 195.5% in the second quarter. Bayforest Capital Ltd now owns 523 shares of the company's stock valued at $47,000 after purchasing an additional 346 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 1,108 shares of the company's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the completion of the transaction, the chief executive officer owned 94,777 shares in the company, valued at $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 3,324 shares of company stock worth $411,954. 0.16% of the stock is owned by corporate insiders.

Teradyne Stock Performance

Shares of Teradyne stock opened at $138.16 on Friday. The firm has a 50-day simple moving average of $124.66 and a two-hundred day simple moving average of $98.66. The company has a market cap of $21.98 billion, a P/E ratio of 47.81, a price-to-earnings-growth ratio of 2.90 and a beta of 1.82. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $150.71.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data 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 net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million during the quarter, compared to the consensus estimate of $649.02 million. During the same quarter in the prior year, the firm posted $0.86 earnings per share. The company'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. Equities research analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 5th. Teradyne's dividend payout ratio is 16.61%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Northland Securities set a $161.00 price target on shares of Teradyne in a report on Tuesday, October 7th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $102.00 price target (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Susquehanna upped their price target on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a report on Monday, September 22nd. Cowen reaffirmed a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Finally, Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a report on Monday, September 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $124.93.

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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