Teradyne, Inc. $TER Stock: NorthCrest Asset Manangement LLC Grows Stake

Key Points

• NorthCrest Asset Management more than doubled its Teradyne stake in the third quarter, adding 7,786 shares to own 15,311 shares valued at approximately $6.1 million.
• Institutional investors collectively own 99.77% of Teradyne’s stock, with major holders including BlackRock, State Street, VanECK and UBS Asset Management.
• Teradyne reported strong quarterly results, beating estimates with $2.47 in EPS and $1.33 billion in revenue, while analysts maintain a “Moderate Buy” consensus; however, the stock’s high valuation and exposure to semiconductor-sector volatility remain risks.

NorthCrest Asset Manangement LLC boosted its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 103.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,311 shares of the company's stock after buying an additional 7,786 shares during the quarter. NorthCrest Asset Manangement LLC's holdings in Teradyne were worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Teradyne during the second quarter valued at approximately $9,404,408,000. State Street Corp lifted its stake in Teradyne by 4.6% in the second quarter. State Street Corp now owns 7,290,460 shares of the company's stock worth $3,527,416,000 after acquiring an additional 320,034 shares during the period. Van ECK Associates Corp lifted its stake in Teradyne by 5.0% in the second quarter. Van ECK Associates Corp now owns 2,607,914 shares of the company's stock worth $1,261,813,000 after acquiring an additional 123,549 shares during the period. ABS Investment Management LLC purchased a new stake in Teradyne in the second quarter worth $1,006,387,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Teradyne by 0.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,978,124 shares of the company's stock valued at $957,096,000 after acquiring an additional 12,659 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analyst price-target increase: Argus raised its target for Teradyne to $488, signaling continued confidence in the company’s growth prospects. Argus raises target for Teradyne stock to USD 488.00
• Positive Sentiment: AI-testing demand remains a key opportunity: Teradyne’s semiconductor test business generated approximately $1.12 billion in second-quarter 2026 revenue, far exceeding its $100 million robotics segment. The mix highlights the company’s direct exposure to rising AI and high-performance-computing chip production. AI Chips Need Testing, and Teradyne Is Winning. Is the Valuation Too High?
• Positive Sentiment: New products expand its AI portfolio: Teradyne launched the UltraFLEXplus S Series for edge-AI applications and enhanced its Titan HP platform, potentially strengthening its competitive position against KLA and Cohu. Teradyne Introduces UltraFLEXplus S Series for Edge AI Applications
• Positive Sentiment: Strategic collaboration with FormFactor: Teradyne and FormFactor will combine testing, probing and interface technologies to support next-generation AI and high-performance-computing deployments. Teradyne is also investing $300 million in FormFactor, deepening the commercial relationship. FormFactor and Teradyne Announce Strategic Collaboration
• Negative Sentiment: Valuation is a concern: With Teradyne trading at a high earnings multiple, investors may be demanding continued rapid growth from its AI-related semiconductor-testing business. Any slowdown could pressure the stock.
• Negative Sentiment: Semiconductor-sector selling weighed on shares: Teradyne fell more sharply than the broader market in the prior session, amid a wider decline affecting several chip and semiconductor-equipment stocks. Here's Why Teradyne Fell More Than Broader Market

Teradyne Price Performance

TER opened at $380.29 on Wednesday. The firm has a market cap of $59.45 billion, a PE ratio of 52.17, a P/E/G ratio of 0.78 and a beta of 1.75. The stock has a 50-day moving average price of $382.57 and a 200-day moving average price of $373.42. Teradyne, Inc. has a 1 year low of $135.00 and a 1 year high of $487.91.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. Teradyne's revenue for the quarter was up 103.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 9.11 EPS for the current year.

Teradyne Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. Teradyne's dividend payout ratio is presently 7.13%.

Insider Activity at Teradyne

In other news, CEO Gregory Smith sold 4,000 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the sale, the chief executive officer owned 108,495 shares in the company, valued at $36,652,865.85. This represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is currently owned by insiders.

Analyst Ratings Changes

TER has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of Teradyne from $387.00 to $397.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. Zacks Research cut shares of Teradyne from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 28th. UBS Group raised their target price on shares of Teradyne from $440.00 to $500.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $550.00 target price on shares of Teradyne in a research note on Wednesday, July 29th. Finally, Susquehanna boosted their price target on shares of Teradyne from $415.00 to $550.00 and gave the company a "positive" rating in a research report on Tuesday, June 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $396.80.

Teradyne Company Profile

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne's products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.