Sculptor Capital LP Makes New $6.53 Million Investment in Teradyne, Inc. $TER

Sculptor Capital LP bought a new position in Teradyne, Inc. (NASDAQ:TER - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,500 shares of the company's stock, valued at approximately $6,532,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its stake in Teradyne by 12.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company's stock valued at $342,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Teradyne during the first quarter worth $297,000. Cresset Asset Management LLC grew its stake in shares of Teradyne by 11.6% during the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company's stock worth $608,000 after buying an additional 702 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Teradyne by 467.1% during the second quarter. NewEdge Advisors LLC now owns 3,408 shares of the company's stock worth $306,000 after buying an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Teradyne by 5.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company's stock valued at $6,755,000 after acquiring an additional 3,651 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne declared a quarterly cash dividend of $0.13 per share, payable September 25 to shareholders of record as of September 4. Although the roughly 0.1% yield is modest, the payment reinforces management’s shareholder-return policy. Teradyne Declares Quarterly Cash Dividend
• Positive Sentiment: Analyst commentary identified TER as an AI infrastructure play, while broader electronics-industry investment in infrastructure and expanded capacity could benefit Teradyne’s semiconductor and robotics testing businesses. 3 Electronics Stocks Set to Benefit From a Prospering Industry
• Positive Sentiment: Teradyne remains on analysts’ earnings radar, with annual profit estimates reportedly rising. The company’s latest quarterly results also showed substantial year-over-year revenue growth and an earnings beat, supporting the longer-term growth narrative. Teradyne, Lumentum Back On Analysts' Earnings Radar
• Neutral Sentiment: Reported short interest was listed at zero shares, with zero days to cover. Because the figures show no short position and an “NaN” change, the data appears unreliable and offers no meaningful short-squeeze signal.
• Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction occurred under a pre-planned Rule 10b5-1 schedule, reducing its significance as a signal of deteriorating management confidence, but insider selling can still weigh modestly on sentiment. Teradyne CEO Gregory Smith Sells Shares

Analyst Ratings Changes

Several research firms recently weighed in on TER. Evercore reissued an "outperform" rating and set a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. JPMorgan Chase & Co. raised Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 target price for the company in a report on Thursday, April 30th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $550.00 target price on shares of Teradyne in a research report on Wednesday, July 29th. Morgan Stanley boosted their price target on Teradyne from $387.00 to $397.00 and gave the stock an "equal weight" rating in a report on Thursday, July 30th. Finally, Stifel Nicolaus raised their price objective on shares of Teradyne from $325.00 to $390.00 and gave the company a "buy" rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $396.80.

Teradyne Stock Performance

Shares of TER stock opened at $366.43 on Wednesday. Teradyne, Inc. has a fifty-two week low of $109.56 and a fifty-two week high of $487.91. The stock has a 50 day simple moving average of $384.25 and a two-hundred day simple moving average of $355.78. The company has a market cap of $57.29 billion, a P/E ratio of 50.26, a PEG ratio of 0.74 and a beta of 1.78.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company's revenue for the quarter was up 103.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 EPS. On average, research analysts predict that Teradyne, Inc. will post 9.1 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 4th. Teradyne's dividend payout ratio (DPR) is presently 7.13%.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the transaction, the chief executive officer owned 112,495 shares in the company, valued at approximately $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.19% of the company's stock.

About Teradyne

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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