Goldman Sachs Group Inc. Has $152.95 Million Stock Holdings in Teradyne, Inc. $TER

Key Points

• Goldman Sachs Group Inc. increased its stake in Teradyne by 224.0%, owning approximately 1.15% of the company worth $152.9 million after purchasing an additional 1.28 million shares.
• Teradyne reported a 10.7% decline in revenue year-over-year, with earnings per share of $0.57 for the last quarter, surpassing the consensus estimate.
• The company declared a quarterly dividend of $0.12 per share, representing an annualized yield of 0.4%, with the payout scheduled for September 29th.

Goldman Sachs Group Inc. increased its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 224.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,851,684 shares of the company's stock after purchasing an additional 1,280,120 shares during the quarter. Goldman Sachs Group Inc. owned approximately 1.15% of Teradyne worth $152,949,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Sender Co & Partners Inc. acquired a new position in Teradyne during the 1st quarter worth approximately $1,076,000. Dynamic Technology Lab Private Ltd bought a new stake in Teradyne during the 1st quarter worth approximately $688,000. UniSuper Management Pty Ltd grew its holdings in Teradyne by 12.7% during the 1st quarter. UniSuper Management Pty Ltd now owns 45,549 shares of the company's stock worth $3,762,000 after acquiring an additional 5,143 shares during the last quarter. Petrus Trust Company LTA bought a new stake in Teradyne during the 1st quarter worth approximately $439,000. Finally, Needham Investment Management LLC grew its holdings in Teradyne by 27.4% during the 1st quarter. Needham Investment Management LLC now owns 60,500 shares of the company's stock worth $4,997,000 after acquiring an additional 13,000 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Trading Down 2.9%

NASDAQ TER traded down $3.32 on Friday, hitting $112.24. 5,903,343 shares of the company were exchanged, compared to its average volume of 3,296,807. The company has a market cap of $17.85 billion, a PE ratio of 38.84, a PEG ratio of 2.43 and a beta of 1.80. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16. The stock has a fifty day moving average of $106.14 and a 200-day moving average of $91.55.

Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) 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 analyst estimates of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. Teradyne's revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.4%. Teradyne's dividend payout ratio is currently 16.61%.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction 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 transaction, the chief executive officer directly owned 96,993 shares of the company's stock, valued at $10,281,258. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TER. Cantor Fitzgerald set a $105.00 target price on shares of Teradyne and gave the stock an "overweight" rating in a report on Tuesday, June 24th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $102.00 target price (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. UBS Group reissued a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and upped their price objective for the company from $74.00 to $100.00 in a research note on Thursday, July 31st. Finally, Cowen reaffirmed a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $114.44.

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.