Teradyne, Inc. $TER Shares Sold by APG Asset Management N.V.

Key Points

• APG Asset Management N.V. reduced its stake in Teradyne, Inc. by 3.8%, now holding 91,882 shares valued at $7,026,000.
• Teradyne reported $0.57 earnings per share (EPS) for the last quarter, exceeding estimates and establishing Q3 2025 guidance between $0.690-$0.870 EPS.
• The company has authorized a $1 billion share repurchase plan, indicating that the board believes its stock is undervalued.

APG Asset Management N.V. trimmed its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 3.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,882 shares of the company's stock after selling 3,599 shares during the period. APG Asset Management N.V. owned 0.06% of Teradyne worth $7,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of TER. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Teradyne by 3.5% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 5,258 shares of the company's stock valued at $664,000 after buying an additional 177 shares during the last quarter. Voya Investment Management LLC raised its position in shares of Teradyne by 3.9% in the fourth quarter. Voya Investment Management LLC now owns 109,501 shares of the company's stock valued at $13,788,000 after buying an additional 4,071 shares during the last quarter. Coldstream Capital Management Inc. raised its position in shares of Teradyne by 14.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 3,636 shares of the company's stock valued at $458,000 after buying an additional 458 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Teradyne by 1.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 103,164 shares of the company's stock valued at $12,990,000 after buying an additional 1,042 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Teradyne by 14.1% in the fourth quarter. Northern Trust Corp now owns 1,644,212 shares of the company's stock valued at $207,039,000 after buying an additional 203,183 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Stock Performance

Teradyne stock opened at $117.07 on Tuesday. The company's 50 day simple moving average is $98.28 and its 200-day simple moving average is $91.03. The company has a market capitalization of $18.62 billion, a price-to-earnings ratio of 40.51, a price-to-earnings-growth ratio of 2.43 and a beta of 1.72. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. The business had revenue of $651.80 million for 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 business's revenue was down 10.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 5th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. Teradyne's dividend payout ratio (DPR) is 16.61%.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on TER shares. Susquehanna reduced their target price on shares of Teradyne from $155.00 to $133.00 and set a "positive" rating on the stock in a research note on Wednesday, April 30th. Stifel Nicolaus lifted their target price on shares of Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research note on Thursday, July 31st. Cantor Fitzgerald set a $105.00 target price on shares of Teradyne and gave the stock an "overweight" rating in a research note on Tuesday, June 24th. UBS Group reaffirmed a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $102.00 target price (up from $88.00) on shares of Teradyne in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Teradyne presently has a consensus rating of "Moderate Buy" and an average target price of $114.44.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of the business'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 value of $58,724.00. Following the sale, the chief executive officer directly owned 96,993 shares of the company's stock, valued at approximately $10,281,258. The trade was a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.16% of the company's stock.

About Teradyne

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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