Teradyne, Inc. $TER Stock Holdings Decreased by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services LLC cut its stake in Teradyne by 40.5% in Q4, selling 3,666 shares and retaining 5,392 shares worth $1.044 million.
• Teradyne reported a strong Q4 beat with EPS $1.80 vs. $1.36 expected and revenue $1.08B vs. $970M, a 43.9% year‑over‑year increase.
• Institutional investors own 99.77% of the company and major funds (Vanguard, State Street, Ameriprise, Allspring, Invesco) increased positions, while analysts hold a consensus "Moderate Buy" with a $289.53 target.

Diversify Advisory Services LLC lowered its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 40.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,392 shares of the company's stock after selling 3,666 shares during the period. Diversify Advisory Services LLC's holdings in Teradyne were worth $1,044,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company's stock worth $2,947,935,000 after purchasing an additional 444,940 shares during the last quarter. State Street Corp grew its position in shares of Teradyne by 0.3% during the 3rd quarter. State Street Corp now owns 7,017,649 shares of the company's stock valued at $965,909,000 after buying an additional 24,154 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Teradyne by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company's stock valued at $723,600,000 after buying an additional 336,757 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Teradyne by 11.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company's stock valued at $490,134,000 after buying an additional 354,876 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Teradyne by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,959,330 shares of the company's stock valued at $407,322,000 after buying an additional 99,864 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

Teradyne Stock Up 0.6%

Teradyne stock opened at $370.13 on Tuesday. The firm has a 50-day moving average price of $310.45 and a two-hundred day moving average price of $229.15. The firm has a market capitalization of $57.95 billion, a price-to-earnings ratio of 106.36, a PEG ratio of 2.22 and a beta of 1.79. Teradyne, Inc. has a 52-week low of $68.24 and a 52-week high of $373.00.

Teradyne (NASDAQ:TER - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.44. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. Teradyne's revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 EPS. Research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne's payout ratio is presently 14.94%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Teradyne from $200.00 to $275.00 and gave the company a "buy" rating in a research report on Monday, January 26th. Morgan Stanley set a $306.00 price objective on shares of Teradyne in a research report on Wednesday, February 11th. Citigroup boosted their price objective on shares of Teradyne from $215.00 to $325.00 and gave the company a "buy" rating in a research report on Wednesday, February 4th. Robert W. Baird boosted their price objective on shares of Teradyne from $305.00 to $332.00 and gave the company an "outperform" rating in a research report on Monday, March 30th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Teradyne in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $289.53.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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