NorthCrest Asset Manangement LLC Lowers Position in Teradyne, Inc. $TER

Key Points

• NorthCrest Asset Management LLC decreased its stake in Teradyne, Inc. by 44.9% in Q2, holding 3,904 shares valued at $363,000 after selling 3,180 shares.
• Teradyne reported an EPS of $0.57 for the last quarter, beating estimates by $0.03, though revenue fell 10.7% year-over-year.
• The company announced a quarterly dividend of $0.12 per share, representing a yield of 0.4%, payable on September 29th.

NorthCrest Asset Manangement LLC reduced its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 44.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,904 shares of the company's stock after selling 3,180 shares during the quarter. NorthCrest Asset Manangement LLC's holdings in Teradyne were worth $363,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berbice Capital Management LLC increased its stake in Teradyne by 200.0% during the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Manchester Capital Management LLC increased its stake in Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Brooklyn Investment Group increased its stake in 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 purchasing an additional 302 shares in the last quarter. Sentry Investment Management LLC bought a new stake in Teradyne during the 1st quarter valued at about $45,000. Finally, AdvisorNet Financial Inc increased its stake in Teradyne by 319.0% during the 1st quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock valued at $49,000 after purchasing an additional 453 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne Trading Down 1.0%

TER stock traded down $1.30 during midday trading on Tuesday, reaching $133.89. 2,132,794 shares of the company's stock traded hands, compared to its average volume of 3,559,961. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16. The stock has a market cap of $21.30 billion, a P/E ratio of 46.29, a PEG ratio of 2.52 and a beta of 1.80. The stock's 50-day moving average is $109.13 and its 200 day moving average is $91.91.

Teradyne (NASDAQ:TER - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating 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 analysts' expectations of $649.02 million. During the same period in the prior year, the company earned $0.86 earnings per share. The firm'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 expect that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company 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 dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.4%. Teradyne's payout ratio is currently 16.61%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $115.00, for a total transaction of $63,710.00. Following the transaction, the chief executive officer owned 96,439 shares of the company's stock, valued at $11,090,485. The trade was a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 1,662 shares of company stock worth $181,008 over the last quarter. 0.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

TER has been the subject of a number of analyst reports. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an "overweight" rating in a research note on Tuesday, June 24th. UBS Group reissued a "buy" rating and set a $130.00 price objective (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and boosted their price objective for the company from $74.00 to $100.00 in a report on Thursday, July 31st. The Goldman Sachs Group reissued a "sell" rating and set a $85.00 price objective on shares of Teradyne in a report on Wednesday, July 30th. Finally, Stifel Nicolaus boosted their price objective on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $118.63.

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.