Northwestern Mutual Wealth Management Co. Raises Position in Teradyne, Inc. $TER

Key Points

• Northwestern Mutual Wealth Management increased its Teradyne stake by 264.7% in the second quarter to 31,069 shares valued at approximately $15 million. Institutional investors collectively own 99.77% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $396.80. Teradyne recently beat quarterly estimates, reporting $2.47 in EPS and $1.33 billion in revenue, up 103.9% year over year.
• Teradyne is benefiting from AI-related semiconductor demand and launched new UltraFLEXplus testing instruments for AI processors and data-center devices. CEO Gregory Smith also sold 4,000 shares under a pre-arranged trading plan, while the company announced a quarterly dividend of $0.13 per share.

Northwestern Mutual Wealth Management Co. increased its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 264.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,069 shares of the company's stock after purchasing an additional 22,551 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Teradyne were worth $15,032,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TER. Integrated Wealth Concepts LLC raised its stake in Teradyne by 12.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company's stock valued at $342,000 after acquiring an additional 468 shares during the period. Caxton Associates LLP purchased a new stake in Teradyne in the 1st quarter worth approximately $297,000. Cresset Asset Management LLC raised its position in shares of Teradyne by 11.6% in the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company's stock worth $608,000 after buying an additional 702 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Teradyne by 467.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company's stock valued at $306,000 after acquiring an additional 2,807 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in Teradyne by 5.1% during the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company's stock valued at $6,755,000 after purchasing an additional 3,651 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TER. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $550.00 price target on shares of Teradyne in a research note on Wednesday, July 29th. Morgan Stanley boosted their price objective on shares of Teradyne from $387.00 to $397.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. Bank of America boosted their target price on Teradyne from $365.00 to $525.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Weiss Ratings raised shares of Teradyne from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Finally, Wall Street Zen downgraded Teradyne from a "buy" rating to a "hold" rating in a report on Saturday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $396.80.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the company's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares in the company, valued at $47,810,375. This represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is currently owned by insiders.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: New AI and data-center testing products: Teradyne launched three instruments for its UltraFLEXplus semiconductor test platform. The products are designed to address increasingly complex testing requirements for AI processors and data-center computing devices, strengthening the company’s exposure to high-growth chip markets. Teradyne Launches Advanced UltraFLEXplus Instruments Engineered for AI and Data Center Computing Devices
• Positive Sentiment: Favorable industry demand: Coverage highlights that AI-driven semiconductor development is increasing demand for chip-testing equipment. This supports the investment case for Teradyne’s Semiconductor Test business and provides a potential growth catalyst. AI Drives Higher Demands For Chip Testing
• Neutral Sentiment: Upcoming investor conference: CEO Greg Smith is scheduled to participate in a Goldman Sachs Communacopia + Technology Conference fireside chat on September 9. Management could provide additional information about demand trends and the product pipeline, but no new financial guidance was announced. Teradyne to Present at the 2026 Goldman Sachs Communacopia + Technology Conference
• Neutral Sentiment: Recent trading commentary: A Zacks report noted that Teradyne closed at $341.62 and outperformed the broader market in the latest session, but it did not identify a separate fundamental catalyst. Teradyne Rises Higher Than Market: Key Facts

Teradyne Price Performance

Shares of NASDAQ:TER opened at $341.62 on Thursday. The stock's fifty day moving average price is $374.85 and its 200-day moving average price is $357.88. The company has a market cap of $53.41 billion, a P/E ratio of 46.86, a PEG ratio of 0.68 and a beta of 1.78. Teradyne, Inc. has a 1 year low of $109.56 and a 1 year high of $487.91.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the business posted $0.57 earnings per share. The business's revenue for the quarter was up 103.9% on a year-over-year basis. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.1 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, September 4th. Teradyne's payout ratio is 7.13%.

Teradyne Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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