Perbak Capital Partners LLP Buys New Stake in Teradyne, Inc. $TER

Key Points

• Perbak Capital Partners LLP has acquired a new stake in Teradyne, Inc., purchasing 2,719 shares valued at approximately $225,000.
• Teradyne's stock has seen significant activity, with various institutional investors increasing their stakes, leading to 99.77% of the stock owned by institutional investors.
• The company recently reported earnings of $0.57 per share, exceeding analyst expectations, and declared a quarterly dividend of $0.12 per share, set to be paid on September 29th.

Perbak Capital Partners LLP purchased a new stake in Teradyne, Inc. (NASDAQ:TER - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,719 shares of the company's stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. EP Wealth Advisors LLC raised its stake in Teradyne by 17.7% in the first quarter. EP Wealth Advisors LLC now owns 4,404 shares of the company's stock valued at $364,000 after buying an additional 662 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new stake in Teradyne in the first quarter valued at $744,000. Graham Capital Management L.P. raised its stake in Teradyne by 166.1% in the first quarter. Graham Capital Management L.P. now owns 7,285 shares of the company's stock valued at $602,000 after buying an additional 4,547 shares in the last quarter. Quarry LP purchased a new position in shares of Teradyne during the first quarter worth about $143,000. Finally, Nomura Holdings Inc. grew its holdings in shares of Teradyne by 24.1% during the first quarter. Nomura Holdings Inc. now owns 6,656 shares of the company's stock worth $550,000 after purchasing an additional 1,292 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the transaction, the chief executive officer owned 96,993 shares of the company's stock, valued at $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.16% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on TER. Cowen reaffirmed a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 price objective on shares of Teradyne in a report on Wednesday, July 30th. UBS Group reaffirmed a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Stifel Nicolaus raised their price objective on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. Finally, Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the stock an "overweight" rating in a report on Tuesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $114.44.

Teradyne Stock Up 2.0%

NASDAQ TER opened at $120.61 on Wednesday. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16. The business's 50-day moving average price is $102.03 and its 200 day moving average price is $91.41. The firm has a market cap of $19.19 billion, a P/E ratio of 41.73, a P/E/G ratio of 2.49 and a beta of 1.80.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.03. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The firm had revenue of $651.80 million for the quarter, compared to analyst estimates of $649.02 million. During the same quarter last year, the company posted $0.86 earnings per share. The business'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, analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors 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 dividend on an annualized basis and a dividend yield of 0.4%. Teradyne's dividend payout ratio (DPR) is currently 16.61%.

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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