Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 2,800 Shares of Teradyne, Inc. $TER

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund increased its ownership in Teradyne, Inc. by 9.1%, bringing its total to 33,550 shares valued at approximately $2.77 million.
• Numerous institutional investors have also raised their stakes in Teradyne, with over 99% of shares owned by institutional investors and hedge funds.
• Analysts have upgraded Teradyne's ratings recently, with Morgan Stanley increasing its target price to $100.00, reflecting growing confidence in the company's performance.

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 9.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,550 shares of the company's stock after purchasing an additional 2,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Teradyne were worth $2,771,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of TER. Berbice Capital Management LLC lifted its position in shares of Teradyne by 200.0% in 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 holdings in Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in Teradyne during the 1st quarter worth approximately $45,000. AdvisorNet Financial Inc lifted its holdings in Teradyne by 319.0% during the 1st quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after purchasing an additional 453 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in Teradyne by 36.1% during the 1st quarter. Allworth Financial LP now owns 795 shares of the company's stock worth $61,000 after purchasing an additional 211 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on TER. UBS Group reissued a "buy" rating and set a $130.00 price target (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. The Goldman Sachs Group reissued a "sell" rating and set a $85.00 price target on shares of Teradyne in a report on Wednesday, July 30th. Cowen reissued a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Morgan Stanley raised Teradyne from an "underweight" rating to an "equal weight" rating and lifted their price target for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. Finally, Susquehanna dropped their price objective on Teradyne from $155.00 to $133.00 and set a "positive" rating for the company in a report on Wednesday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Teradyne currently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 554 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the sale, the chief executive officer owned 96,993 shares in the company, valued at $10,281,258. The trade was a 0.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by corporate insiders.

Teradyne Stock Down 1.0%

Shares of TER traded down $1.10 during midday trading on Wednesday, hitting $109.52. The company's stock had a trading volume of 3,568,706 shares, compared to its average volume of 3,495,092. Teradyne, Inc. has a one year low of $65.77 and a one year high of $144.16. The company's fifty day simple moving average is $96.12 and its two-hundred day simple moving average is $91.17. The stock has a market capitalization of $17.42 billion, a price-to-earnings ratio of 37.90, a price-to-earnings-growth ratio of 2.31 and a beta of 1.72.

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

Teradyne announced that its Board of Directors has authorized a share repurchase program on Monday, April 28th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 8.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

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.