Teradyne, Inc. $TER Shares Sold by TD Asset Management Inc

Key Points

• TD Asset Management Inc. has decreased its holdings in Teradyne, Inc. by 37.0% in the second quarter, reducing its shares to 45,880, valued at approximately $4.13 million.
• Various hedge funds have increased their positions in Teradyne, with the Vanguard Group now owning over 20.9 million shares, making up 99.77% of the company's stock held by institutional investors.
• Teradyne announced a quarterly dividend of $0.12 per share, resulting in an annualized dividend of $0.48 and a yield of 0.3%, with a relatively low payout ratio of 16.61%.

TD Asset Management Inc decreased its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 37.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,880 shares of the company's stock after selling 26,932 shares during the period. TD Asset Management Inc's holdings in Teradyne were worth $4,126,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TER. Vanguard Group Inc. lifted its position in Teradyne by 2.5% in the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company's stock valued at $1,728,176,000 after purchasing an additional 516,332 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Teradyne by 26.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company's stock valued at $286,634,000 after purchasing an additional 652,175 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in Teradyne by 4.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company's stock valued at $244,252,000 after purchasing an additional 131,152 shares during the period. Invesco Ltd. lifted its position in Teradyne by 16.1% in the first quarter. Invesco Ltd. now owns 2,790,898 shares of the company's stock valued at $230,528,000 after purchasing an additional 387,705 shares during the period. Finally, ARK Investment Management LLC lifted its position in Teradyne by 16.7% in the first quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company's stock valued at $185,321,000 after purchasing an additional 320,580 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Teradyne Trading Up 0.7%

TER stock opened at $139.19 on Tuesday. The firm has a 50 day moving average of $125.35 and a 200-day moving average of $99.32. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $150.71. The company has a market cap of $22.14 billion, a price-to-earnings ratio of 48.16, a PEG ratio of 2.90 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. During the same period last year, the company posted $0.86 EPS. The company's revenue 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 forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne's dividend payout ratio (DPR) is 16.61%.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the firm's stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the completion of the transaction, the chief executive officer directly owned 94,777 shares of the company's stock, valued at $13,765,411.48. This trade represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 3,324 shares of company stock worth $411,954. Company insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TER shares. Susquehanna raised their price objective on shares of Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a research report on Monday, September 22nd. Stifel Nicolaus raised their price objective on shares of Teradyne from $100.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, October 13th. Northland Securities set a $161.00 price objective on shares of Teradyne in a research report on Tuesday, October 7th. Morgan Stanley raised their price objective on shares of Teradyne from $100.00 to $136.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 14th. Finally, The Goldman Sachs Group raised their price objective on shares of Teradyne from $85.00 to $130.00 and gave the company a "sell" rating in a research report on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $127.27.

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.

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