Patton Fund Management Inc. Invests $257,000 in Teradyne, Inc. $TER

Key Points

• Patton Fund Management Inc. invested approximately $257,000 in Teradyne, Inc. by acquiring 2,855 shares during the second quarter.
• Several analysts have provided mixed ratings for Teradyne's stock, with price targets ranging from $85.00 to $118.63, reflecting a consensus rating of "Moderate Buy."
• Teradyne declared a quarterly dividend of $0.12 per share, with an annualized yield of 0.4%, to be paid on September 29th.

Patton Fund Management Inc. bought a new position in Teradyne, Inc. (NASDAQ:TER - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,855 shares of the company's stock, valued at approximately $257,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TER. Berbice Capital Management LLC lifted its position 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 during the period. Manchester Capital Management LLC lifted its holdings in shares of Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares in the last quarter. Brooklyn Investment Group grew its position 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 acquiring an additional 302 shares during the last quarter. Steph & Co. bought a new stake in shares of Teradyne during the second quarter worth about $43,000. Finally, Sentry Investment Management LLC acquired a new position in Teradyne in the first quarter valued at approximately $45,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on TER shares. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $85.00 price target on shares of Teradyne in a report on Wednesday, July 30th. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the company an "overweight" rating in a research report on Tuesday, June 24th. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and upped their price target for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. Wall Street Zen raised Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. Finally, Cowen reissued 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 issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Teradyne presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.63.

Teradyne Price Performance

Shares of Teradyne stock opened at $135.31 on Friday. The business has a 50 day simple moving average of $112.42 and a two-hundred day simple moving average of $93.06. The stock has a market capitalization of $21.52 billion, a P/E ratio of 46.82, a PEG ratio of 2.85 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 posted its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.03. The company had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The firm's quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, research analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

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

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 554 shares of the business's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $126.39, for a total value of $70,020.06. Following the completion of the sale, the chief executive officer directly owned 95,885 shares of the company's stock, valued at approximately $12,118,905.15. The trade was a 0.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders sold 2,216 shares of company stock worth $251,028. 0.16% of the stock is owned by insiders.

Teradyne Company 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.

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