Teradyne, Inc. $TER Shares Purchased by Bourgeon Capital Management LLC

Key Points

• Bourgeon Capital Management LLC increased its stake in Teradyne, Inc. by 139.9%, now owning 77,426 shares valued at approximately $6.96 million.
• Teradyne reported earnings per share of $0.57 for Q2, surpassing estimates, although quarterly revenue was down 10.7% from the previous year.
• The company declared a quarterly dividend of $0.12 per share, yielding around 0.4%, with a payout ratio of 16.61%.

Bourgeon Capital Management LLC boosted its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 139.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 77,426 shares of the company's stock after buying an additional 45,155 shares during the quarter. Bourgeon Capital Management LLC's holdings in Teradyne were worth $6,962,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Teradyne by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company's stock worth $1,728,176,000 after purchasing an additional 516,332 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in Teradyne by 4.6% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company's stock worth $244,252,000 after purchasing an additional 131,152 shares in the last quarter. Invesco Ltd. grew its position in Teradyne by 16.1% during the 1st quarter. Invesco Ltd. now owns 2,790,898 shares of the company's stock worth $230,528,000 after purchasing an additional 387,705 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Teradyne by 3.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,466,122 shares of the company's stock worth $203,726,000 after purchasing an additional 75,226 shares in the last quarter. Finally, ARK Investment Management LLC grew its position in Teradyne by 16.7% during the 1st quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company's stock worth $185,321,000 after purchasing an additional 320,580 shares in the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Teradyne Trading Down 0.7%

TER stock opened at $134.33 on Tuesday. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $144.16. The company has a fifty day simple moving average of $113.21 and a 200 day simple moving average of $93.45. The firm has a market cap of $21.37 billion, a PE ratio of 46.48, a PEG ratio of 2.85 and a beta of 1.80.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $651.80 million during 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 quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were 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 was Friday, September 5th. Teradyne's dividend payout ratio is currently 16.61%.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the company's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $126.39, for a total value of $70,020.06. Following the completion of the transaction, the chief executive officer directly owned 95,885 shares in the company, valued at approximately $12,118,905.15. This represents a 0.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 2,216 shares of company stock valued at $251,028. Corporate insiders own 0.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TER shares. The Goldman Sachs Group reiterated a "sell" rating and set a $85.00 price objective on shares of Teradyne in a research report on Wednesday, July 30th. Susquehanna boosted their price target on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a report on Monday, September 22nd. JPMorgan Chase & Co. restated a "neutral" rating and set a $102.00 price target (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Stifel Nicolaus boosted their price target on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a report on Thursday, July 31st. Finally, UBS Group restated 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. One investment 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 given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $118.63.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.