Quantbot Technologies LP Boosts Stock Holdings in Teradyne, Inc. $TER

Key Points

• Quantbot Technologies LP significantly increased its stake in Teradyne, Inc. by 1,336.5% during the 1st quarter, owning 128,822 shares valued at $10.6 million.
• Analysts have mixed ratings for Teradyne, with two sell ratings, six hold ratings, ten buy ratings, and an average price target of $114.44.
• Teradyne's recent quarterly earnings report showed $0.57 earnings per share, exceeding estimates, though revenue decreased by 10.7% year-over-year.

Quantbot Technologies LP raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 1,336.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,822 shares of the company's stock after buying an additional 119,854 shares during the period. Quantbot Technologies LP owned about 0.08% of Teradyne worth $10,641,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TER. Federated Hermes Inc. boosted its position in Teradyne by 188.8% during the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company's stock valued at $173,943,000 after buying an additional 1,376,631 shares during the period. Ameriprise Financial Inc. boosted its position in Teradyne by 28.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,828,689 shares of the company's stock valued at $608,025,000 after buying an additional 1,065,474 shares during the period. Balyasny Asset Management L.P. boosted its position in Teradyne by 142.6% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,522,537 shares of the company's stock valued at $191,718,000 after buying an additional 894,849 shares during the period. Aspex Management HK Ltd boosted its position in Teradyne by 35.5% during the fourth quarter. Aspex Management HK Ltd now owns 3,234,842 shares of the company's stock valued at $407,331,000 after buying an additional 847,409 shares during the period. Finally, American Century Companies Inc. boosted its position in Teradyne by 124.3% during the first quarter. American Century Companies Inc. now owns 1,120,250 shares of the company's stock valued at $92,533,000 after buying an additional 620,918 shares during the period. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total transaction of $58,724.00. Following the completion of the transaction, the chief executive officer owned 96,993 shares of the company's stock, valued at approximately $10,281,258. This trade represents a 0.57% 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. Corporate insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on TER shares. Morgan Stanley upgraded shares of Teradyne from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $74.00 to $100.00 in a research report on Thursday, July 31st. Cowen restated a "buy" rating on shares of Teradyne in a research report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 price objective on shares of Teradyne in a research note on Wednesday, July 30th. Stifel Nicolaus upped their price objective on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. Finally, Wall Street Zen raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $114.44.

Teradyne Stock Down 1.0%

Shares of NASDAQ TER traded down $1.10 on Wednesday, reaching $109.52. 3,568,707 shares of the company's stock traded hands, compared to its average volume of 4,878,657. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16. The business's 50 day simple moving average is $96.58 and its two-hundred day simple moving average is $91.30. The company has a market cap of $17.42 billion, a price-to-earnings ratio of 37.90, a price-to-earnings-growth ratio of 2.32 and a beta of 1.72.

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

Teradyne declared that its Board of Directors has authorized a share buyback plan on Monday, April 28th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to buy up to 8.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Teradyne 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.