QRG Capital Management Inc. Raises Stock Holdings in Teradyne, Inc. $TER

Key Points

• QRG Capital Management Inc. increased its stake in Teradyne, Inc. by 231.5%, acquiring an additional 74,417 shares to own 106,567 shares valued at approximately $9.58 million.
• CEO Gregory Stephen Smith sold 554 shares of Teradyne stock at an average price of $126.39, resulting in a total transaction value of $70,020.06.
• Analysts have mixed ratings on Teradyne, with consensus indicating a "Moderate Buy" and a price target of $118.63, while noting a recent increase in stock prices.

QRG Capital Management Inc. raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 231.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,567 shares of the company's stock after acquiring an additional 74,417 shares during the period. QRG Capital Management Inc. owned approximately 0.07% of Teradyne worth $9,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Teradyne in the 2nd quarter valued at $260,000. Exchange Capital Management Inc. raised its stake in Teradyne by 18.3% in the second quarter. Exchange Capital Management Inc. now owns 5,225 shares of the company's stock valued at $470,000 after buying an additional 809 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Teradyne by 3.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 277,002 shares of the company's stock valued at $24,908,000 after purchasing an additional 9,094 shares during the period. Bourgeon Capital Management LLC increased its holdings in shares of Teradyne by 139.9% in the second quarter. Bourgeon Capital Management LLC now owns 77,426 shares of the company's stock valued at $6,962,000 after purchasing an additional 45,155 shares during the period. Finally, Poinciana Advisors Group LLC acquired a new stake in Teradyne during the second quarter worth about $282,000. Institutional investors own 99.77% of the company's stock.

Insider Buying and Selling

In related news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $126.39, for a total transaction of $70,020.06. Following the transaction, the chief executive officer owned 95,885 shares in the company, valued at approximately $12,118,905.15. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 2,216 shares of company stock worth $251,028 in the last quarter. Company insiders own 0.16% of the company's stock.

Analyst Ratings Changes

TER has been the topic of several research analyst reports. Cowen reissued a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Wall Street Zen raised Teradyne from a "sell" rating to a "hold" rating in a report on Monday, September 1st. Morgan Stanley raised Teradyne from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $74.00 to $100.00 in a report on Thursday, July 31st. The Goldman Sachs Group reissued a "sell" rating and issued a $85.00 price objective on shares of Teradyne in a report on Wednesday, July 30th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Teradyne in a report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.63.

Teradyne Price Performance

NASDAQ TER opened at $145.64 on Friday. The company has a market cap of $23.17 billion, a PE ratio of 50.39, a price-to-earnings-growth ratio of 3.06 and a beta of 1.82. The stock's 50 day simple moving average is $117.22 and its 200-day simple moving average is $94.89. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $149.46.

Teradyne (NASDAQ:TER - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The business had revenue of $651.80 million for the quarter, compared to the consensus estimate of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The business's quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, equities research analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed 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 was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne's dividend payout ratio (DPR) is presently 16.61%.

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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