Swedbank AB Trims Stock Position in Teradyne, Inc. $TER

Key Points

• Swedbank AB reduced its stake in Teradyne, Inc. by 7.2%, holding 55,393 shares valued at $4.58 million after selling 4,291 shares during the quarter.
• Teradyne reported a net margin of 16.59% and earnings of $0.57 per share for the latest quarter, surpassing expectations despite a 10.7% year-over-year revenue decline.
• The stock initiated a quarterly dividend of $0.12 per share, representing an annualized yield of 0.4%, with a payout ratio currently at 16.61%.

Swedbank AB decreased its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 7.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,393 shares of the company's stock after selling 4,291 shares during the period. Swedbank AB's holdings in Teradyne were worth $4,575,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Berbice Capital Management LLC lifted its position in Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Manchester Capital Management LLC increased its holdings in shares of Teradyne by 44.7% in the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group increased its stake in Teradyne by 189.9% during the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after acquiring an additional 302 shares during the last quarter. Sentry Investment Management LLC bought a new position in shares of Teradyne during the first quarter valued at approximately $45,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Teradyne by 319.0% during the first quarter. AdvisorNet Financial Inc now owns 595 shares of the company's stock valued at $49,000 after buying an additional 453 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

TER has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a "sell" rating and set a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. Cowen reiterated a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Wall Street Zen upgraded Teradyne from a "sell" rating to a "hold" rating in a report on Monday, September 1st. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $74.00 to $100.00 in a report on Thursday, July 31st. Finally, Cantor Fitzgerald set a $105.00 target price on Teradyne and gave the stock an "overweight" rating in a report on Tuesday, June 24th. One 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 issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

Teradyne Stock Performance

Shares of NASDAQ TER traded up $1.02 during mid-day trading on Friday, hitting $119.84. The stock had a trading volume of 2,111,966 shares, compared to its average volume of 3,505,406. The company has a 50 day moving average of $107.87 and a two-hundred day moving average of $91.86. The firm has a market cap of $19.06 billion, a PE ratio of 41.47, a PEG ratio of 2.41 and a beta of 1.80. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last posted 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%. The company's revenue for the quarter was down 10.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders 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 yield of 0.4%. The ex-dividend date of this dividend is Friday, September 5th. Teradyne's dividend payout ratio (DPR) is 16.61%.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $115.00, for a total transaction of $63,710.00. Following the sale, the chief executive officer owned 96,439 shares of the company's stock, valued at approximately $11,090,485. The trade was a 0.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 1,662 shares of company stock valued at $181,008. Company insiders own 0.16% of the company's stock.

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.