Teradyne, Inc. $TER Shares Sold by Pallas Capital Advisors LLC

Key Points

• Pallas Capital Advisors LLC reduced its stake in Teradyne, Inc. by 23.8% in Q2, selling 3,310 shares and leaving them with a total of 10,615 shares valued at approximately $955,000.
• Teradyne reported a Q2 EPS of $0.57, exceeding estimates by $0.03, although its revenue was down 10.7% year-over-year at $651.80 million.
• The company declared a quarterly dividend of $0.12 per share, yielding approximately 0.4%, with the payout planned for September 29th.

Pallas Capital Advisors LLC trimmed its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 23.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,615 shares of the company's stock after selling 3,310 shares during the quarter. Pallas Capital Advisors LLC's holdings in Teradyne were worth $955,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of TER. Berbice Capital Management LLC boosted its stake in Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after buying an additional 200 shares during the period. Manchester Capital Management LLC boosted its stake in shares of Teradyne by 44.7% during 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 period. Brooklyn Investment Group boosted its stake in shares of Teradyne by 189.9% during 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 period. Sentry Investment Management LLC purchased a new stake in shares of Teradyne during the first quarter valued at $45,000. Finally, AdvisorNet Financial Inc boosted its stake in shares of Teradyne by 319.0% during the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock valued at $49,000 after purchasing an additional 453 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 554 shares of the company's stock in a transaction dated 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 in the company, valued at $11,090,485. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 1,662 shares of company stock valued at $181,008 in the last ninety days. Insiders own 0.16% of the company's stock.

Teradyne Price Performance

Teradyne stock traded up $14.18 during trading hours on Monday, reaching $134.03. The stock had a trading volume of 4,717,993 shares, compared to its average volume of 3,553,951. The company has a market cap of $21.32 billion, a price-to-earnings ratio of 46.49, a PEG ratio of 2.52 and a beta of 1.80. The business's 50 day moving average price is $108.33 and its 200-day moving average price is $91.73. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.03. The business had revenue of $651.80 million during the quarter, compared to the consensus estimate of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The firm's revenue was down 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 earnings per share. 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 EPS for the current fiscal year.

Teradyne Announces Dividend

The company also recently announced 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. The ex-dividend date is Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. Teradyne's payout ratio is currently 16.61%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TER. Stifel Nicolaus boosted their target price on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. Susquehanna boosted their target price on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a research note on Monday. The Goldman Sachs Group reissued a "sell" rating and set a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. UBS Group reissued a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Finally, Cowen reaffirmed a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. One research 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.