Stanley Laman Group Ltd. Acquires New Holdings in Teradyne, Inc. $TER

Key Points

• Stanley Laman Group Ltd. acquired a new stake in Teradyne, Inc., purchasing 62,090 shares valued at approximately $5.58 million, making it the company's 29th largest position.
• Institutional investments in Teradyne have surged, with Federated Hermes increasing their holdings by 188.8% and AQR Capital Management boosting theirs by 1,612.4% in the first quarter alone.
• The stock received mixed ratings from analysts, with a consensus target price of $124.93 and 1 analyst rating it a Strong Buy while several others hold or sell ratings.

Stanley Laman Group Ltd. bought a new stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 62,090 shares of the company's stock, valued at approximately $5,583,000. Teradyne accounts for approximately 0.8% of Stanley Laman Group Ltd.'s holdings, making the stock its 29th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Federated Hermes Inc. boosted its holdings in shares of Teradyne by 188.8% in the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company's stock valued at $173,943,000 after acquiring an additional 1,376,631 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of 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 in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of 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 in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of 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 in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of 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 in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TER has been the subject of several recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Teradyne in a report on Wednesday, October 8th. Susquehanna increased 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. Stifel Nicolaus increased their price objective on shares of Teradyne from $100.00 to $119.00 and gave the company a "hold" rating in a report on Monday. The Goldman Sachs Group lifted their price objective on shares of Teradyne from $85.00 to $130.00 and gave the stock a "sell" rating in a research note on Thursday, October 9th. Finally, Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $124.93.

Teradyne Price Performance

Shares of TER opened at $138.16 on Friday. The firm's 50 day moving average is $124.66 and its 200-day moving average is $98.56. The stock has a market capitalization of $21.98 billion, a P/E ratio of 47.81, a P/E/G ratio of 2.92 and a beta of 1.82. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $150.71.

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, topping 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 net margin of 16.59% and a return on equity of 18.16%. The firm's quarterly revenue was down 10.7% compared to the same quarter last year. During the same period last year, the firm posted $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, equities research analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

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

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne 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 directly owned 94,777 shares of the company's stock, valued at $13,765,411.48. This trade represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 3,324 shares of company stock valued at $411,954 over the last quarter. Company insiders own 0.16% of the company's stock.

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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