Teradyne, Inc. $TER Shares Purchased by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. increased its stake in Teradyne, Inc. by 36.2% in the first quarter, owning 9,395 shares valued at $776,000.
• Several analysts have issued upgraded ratings and target prices for Teradyne, with UBS Group raising its target price from $120 to $130, while Morgan Stanley upgraded its rating from "underweight" to "equal weight."
• Teradyne announced a quarterly dividend of $0.12 per share, with a payout ratio of 16.61%, and it will be paid on September 29th.

Advisors Asset Management Inc. raised its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 36.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,395 shares of the company's stock after acquiring an additional 2,498 shares during the quarter. Advisors Asset Management Inc.'s holdings in Teradyne were worth $776,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TER. DAVENPORT & Co LLC raised its stake in shares of Teradyne by 29.8% during the 1st quarter. DAVENPORT & Co LLC now owns 5,094 shares of the company's stock worth $421,000 after buying an additional 1,170 shares during the period. Park Avenue Securities LLC grew its holdings in Teradyne by 56.0% in the 1st quarter. Park Avenue Securities LLC now owns 3,045 shares of the company's stock valued at $252,000 after buying an additional 1,093 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in Teradyne by 6.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 4,328 shares of the company's stock valued at $357,000 after buying an additional 261 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in Teradyne by 5.5% in the 1st quarter. Asset Management One Co. Ltd. now owns 68,612 shares of the company's stock valued at $5,667,000 after buying an additional 3,589 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Teradyne by 306.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 37,661 shares of the company's stock worth $3,111,000 after purchasing an additional 28,406 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TER has been the topic of several research reports. Stifel Nicolaus increased their target price on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research note on Thursday, July 31st. Cowen reiterated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the company an "overweight" rating in a report on Tuesday, June 24th. UBS Group restated a "buy" rating and set a $130.00 price target (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Finally, Morgan Stanley raised Teradyne from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

Insider Activity at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Teradyne Stock Down 3.2%

Shares of NASDAQ:TER opened at $115.07 on Wednesday. The company has a market cap of $18.30 billion, a P/E ratio of 39.82, a P/E/G ratio of 2.50 and a beta of 1.80. Teradyne, Inc. has a 52 week low of $65.77 and a 52 week high of $144.16. The business has a fifty day simple moving average of $104.82 and a 200-day simple moving average of $91.51.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The business had revenue of $651.80 million during the quarter, compared to the consensus estimate of $649.02 million. During the same quarter in the previous year, the business 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. Sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

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

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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