Teradyne, Inc. $TER Stock: Perpetual Ltd Trims Holdings

Key Points

• Perpetual Ltd cut its Teradyne stake by 78.6% in the third quarter, selling 3,226 shares and retaining 876 shares valued at approximately $351,000. Institutional investors collectively own 99.77% of Teradyne.
• Teradyne reported quarterly adjusted EPS of $2.47, beating estimates by $0.38, while revenue rose 103.9% year over year to $1.33 billion. The company also pays a quarterly dividend of $0.13, equivalent to a 0.1% yield.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $396.80, although shares were trading at $359.44 and investors remain concerned about the stock’s elevated valuation.

Perpetual Ltd trimmed its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 78.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 876 shares of the company's stock after selling 3,226 shares during the quarter. Perpetual Ltd's holdings in Teradyne were worth $351,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in TER. Community Financial Services Group LLC bought a new stake in shares of Teradyne during the 2nd quarter valued at about $29,000. Elevation Wealth Partners LLC grew its stake in Teradyne by 1,320.0% during the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company's stock worth $34,000 after purchasing an additional 66 shares during the period. Mcdonald Partners LLC bought a new stake in Teradyne in the second quarter worth approximately $36,000. Hilltop National Bank bought a new stake in Teradyne in the second quarter worth approximately $41,000. Finally, McIlrath & Eck LLC bought a new stake in Teradyne in the first quarter worth approximately $30,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Insider Activity at Teradyne

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the company's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $337.83, for a total value of $1,351,320.00. Following the sale, the chief executive officer owned 108,495 shares in the company, valued at approximately $36,652,865.85. This represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.19% of the company's stock.

Teradyne Stock Down 5.5%

Shares of NASDAQ:TER opened at $359.44 on Thursday. The firm has a market capitalization of $56.19 billion, a PE ratio of 49.31, a P/E/G ratio of 0.77 and a beta of 1.75. Teradyne, Inc. has a twelve month low of $135.83 and a twelve month high of $487.91. The company has a 50-day moving average price of $381.97 and a two-hundred day moving average price of $373.85.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (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 analyst estimates of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The company's quarterly revenue was up 103.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.57 earnings per share. Analysts anticipate that Teradyne, Inc. will post 9.11 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were given a $0.13 dividend. 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 payout ratio is presently 7.13%.

Analysts Set New Price Targets

TER has been the topic of several recent analyst reports. Weiss Ratings raised Teradyne from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, September 29th. Susquehanna raised their price objective on shares of Teradyne from $415.00 to $550.00 and gave the stock a "positive" rating in a research report on Tuesday, June 30th. Evercore reaffirmed an "outperform" rating and set a $420.00 price objective on shares of Teradyne in a research report on Thursday, July 30th. Robert W. Baird reiterated a "neutral" rating and issued a $420.00 price objective on shares of Teradyne in a research note on Friday, August 21st. Finally, UBS Group boosted their target price on shares of Teradyne from $440.00 to $500.00 and gave the company a "buy" rating in a research report on Monday, July 20th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Teradyne has a consensus rating of "Moderate Buy" and an average target price of $396.80.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne launched its UltraFLEXplus S semiconductor test platform for complex, high-mix edge AI chips used in automotive, industrial and consumer applications. The product expands the company’s exposure to growing AI and advanced-chip testing demand. Teradyne (TER) Deepens Edge AI Test Push
• Positive Sentiment: Teradyne announced a broad technology partnership with FormFactor, including a planned $300 million equity investment. The companies aim to connect wafer-level and final semiconductor testing, potentially strengthening Teradyne’s competitive position in AI and advanced packaging workflows. Is Teradyne Using Edge AI Test Expansion To Redefine Its Long-Term Competitive Moat?
• Positive Sentiment: Argus raised its price target for Teradyne to $488, signaling continued confidence in the company’s earnings and AI-driven growth prospects. Argus Raises Target for Teradyne Stock
• Neutral Sentiment: Teradyne will report third-quarter 2026 results on October 27 after the market close. The upcoming report is a near-term catalyst, particularly because investors will seek evidence that semiconductor test demand is supporting the company’s premium valuation. Teradyne to Announce Third Quarter 2026 Results
• Positive Sentiment: Teradyne received TÜV Rheinland North America’s 2026 Safety and Sustainability Leadership Award, providing favorable recognition of its operational and sustainability practices. TÜV Rheinland Honors Teradyne
• Negative Sentiment: Investors are questioning whether Teradyne’s valuation is too high after an exceptional long-term rally. Commentary highlights that semiconductor testing generated substantially more revenue than robotics, while the stock’s high valuation leaves less room for earnings disappointments. AI Chips Need Testing, and Teradyne Is Winning. Is the Valuation Too High?

Teradyne 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.

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