Sequoia Financial Advisors LLC Grows Stock Holdings in Teradyne, Inc. $TER

Key Points

• Sequoia Financial Advisors LLC significantly increased their holdings in Teradyne, Inc. by 73.3%, owning 4,585 shares valued at approximately $412,000 after purchasing an additional 1,939 shares in the second quarter.
• Analysts are optimistic about Teradyne’s future, with target prices ranging from $102.00 to $200.00 and a consensus rating of "Moderate Buy," indicating strong growth potential.
• The company recently declared a $0.12 quarterly dividend, reflecting an annualized yield of 0.3%, showcasing ongoing shareholder returns despite a year-over-year revenue decline.

Sequoia Financial Advisors LLC raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 73.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,585 shares of the company's stock after buying an additional 1,939 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Teradyne were worth $412,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Berbice Capital Management LLC lifted its position in shares of Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after buying an additional 200 shares during the last quarter. Manchester Capital Management LLC lifted its position in shares of Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after buying an additional 140 shares during the last quarter. Brooklyn Investment Group lifted its position in shares of Teradyne by 189.9% during the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock valued at $38,000 after buying an additional 302 shares during the last quarter. Steph & Co. purchased a new stake in shares of Teradyne during the second quarter valued at about $43,000. Finally, Summit Securities Group LLC purchased a new stake in shares of Teradyne during the first quarter valued at about $58,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TER shares. JPMorgan Chase & Co. restated a "neutral" rating and set a $102.00 price objective (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an "overweight" rating in a report on Tuesday, June 24th. Cowen restated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Susquehanna upped their price objective on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a report on Monday, September 22nd. Finally, Northland Securities set a $161.00 price objective on shares of Teradyne in a report on Tuesday, October 7th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $127.27.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 94,777 shares in the company, valued at approximately $13,765,411.48. This represents a 1.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 3,324 shares of company stock valued at $411,954. 0.16% of the stock is currently owned by corporate insiders.

Teradyne Trading Up 0.7%

Shares of NASDAQ:TER opened at $139.19 on Tuesday. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $150.71. The company's 50 day moving average is $125.35 and its 200 day moving average is $99.32. The company has a market cap of $22.14 billion, a PE ratio of 48.16, a price-to-earnings-growth ratio of 2.90 and a beta of 1.82.

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

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 5th. Teradyne's dividend payout ratio is 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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