Phoenix Financial Ltd. Has $314,000 Position in Teradyne, Inc. $TER

Key Points

• Phoenix Financial Ltd. has significantly reduced its stake in Teradyne, Inc. by 66.6%, owning 3,493 shares valued at $314,000 after selling 6,978 shares in the second quarter.
• Other major institutional investors have increased their holdings in Teradyne, with Federated Hermes Inc. boosting its stake by 188.8% during the first quarter.
• Teradyne's recent earnings report showed a 10.7% year-over-year decline in revenue, although it topped analysts' EPS estimates with $0.57 per share.

Phoenix Financial Ltd. reduced its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 66.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,493 shares of the company's stock after selling 6,978 shares during the quarter. Phoenix Financial Ltd.'s holdings in Teradyne were worth $314,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in TER. Federated Hermes Inc. boosted its holdings in shares of Teradyne by 188.8% during the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company's stock worth $173,943,000 after purchasing an additional 1,376,631 shares during the period. AQR Capital Management LLC lifted its stake in Teradyne by 1,612.4% in the first quarter. AQR Capital Management LLC now owns 1,404,752 shares of the company's stock valued at $113,251,000 after acquiring an additional 1,322,716 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Teradyne by 224.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,851,684 shares of the company's stock valued at $152,949,000 after acquiring an additional 1,280,120 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Teradyne by 26.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company's stock valued at $286,634,000 after acquiring an additional 652,175 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Teradyne by 124.3% in the first quarter. American Century Companies Inc. now owns 1,120,250 shares of the company's stock valued at $92,533,000 after acquiring an additional 620,918 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the business's stock in a transaction on Friday, October 10th. The shares were sold at an average price of $145.24, for a total value of $160,925.92. Following the sale, the chief executive officer owned 94,777 shares in the company, valued at approximately $13,765,411.48. The trade was a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 3,324 shares of company stock valued at $411,954. Insiders own 0.16% of the company's stock.

Teradyne Trading Down 3.1%

Shares of TER stock opened at $138.84 on Thursday. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $150.71. The firm's fifty day simple moving average is $126.48 and its 200 day simple moving average is $99.90. The firm has a market capitalization of $22.09 billion, a P/E ratio of 48.04, a price-to-earnings-growth ratio of 3.01 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last announced its 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 net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million for the quarter, compared to analyst estimates of $649.02 million. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Teradyne's revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities research analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne's payout ratio is 16.61%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $102.00 target price (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. UBS Group boosted their price objective on shares of Teradyne from $130.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday. Morgan Stanley boosted their price objective on shares of Teradyne from $100.00 to $136.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 14th. Susquehanna boosted their price objective on shares of Teradyne from $133.00 to $200.00 and gave the stock a "positive" rating in a research note on Monday, September 22nd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Teradyne in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $127.27.

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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