Exchange Traded Concepts LLC Grows Stock Holdings in Teradyne, Inc. $TER

Key Points

• Exchange Traded Concepts LLC increased its stake in Teradyne, Inc. by 23.8%, acquiring an additional 44,049 shares to reach 229,245 shares worth approximately $20.6 million.
• Teradyne reported a quarterly earnings beat with $0.57 earnings per share, above estimates of $0.54, but revenue declined 10.7% year-over-year to $651.8 million.
• The company will pay a quarterly dividend of $0.12 per share on September 29th, reflecting a 0.4% yield and a dividend payout ratio of 16.61%.

Exchange Traded Concepts LLC lifted its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 23.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 229,245 shares of the company's stock after purchasing an additional 44,049 shares during the period. Exchange Traded Concepts LLC owned about 0.14% of Teradyne worth $20,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TER. Berbice Capital Management LLC boosted its holdings in shares of Teradyne by 200.0% in the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. Manchester Capital Management LLC boosted its position in shares of Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares in the last quarter. Brooklyn Investment Group increased its position in Teradyne by 189.9% during the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after purchasing an additional 302 shares in the last quarter. Sentry Investment Management LLC purchased a new position in shares of Teradyne during the 1st quarter valued at approximately $45,000. Finally, AdvisorNet Financial Inc increased its position in Teradyne by 319.0% in the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock worth $49,000 after buying an additional 453 shares during the period. Institutional investors own 99.77% of the company's stock.

Teradyne Stock Performance

Teradyne stock traded up $1.03 during trading hours on Friday, reaching $119.85. 9,574,882 shares of the stock were exchanged, compared to its average volume of 3,564,990. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16. The stock has a market cap of $19.06 billion, a P/E ratio of 41.47, a P/E/G ratio of 2.52 and a beta of 1.80. The firm's 50 day moving average is $108.33 and its 200 day moving average is $91.82.

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

Teradyne Announces Dividend

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

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $115.00, for a total value of $63,710.00. Following the sale, the chief executive officer owned 96,439 shares in the company, valued at $11,090,485. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders have sold 1,662 shares of company stock valued at $181,008. 0.16% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TER has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $102.00 target price (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. UBS Group restated a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 target price 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. Finally, Morgan Stanley raised Teradyne from an "underweight" rating to an "equal weight" rating and increased their target price for the company from $74.00 to $100.00 in a research note on Thursday, July 31st. One research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus 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.