Teradyne, Inc. $TER Stock Position Lifted by Strs Ohio

Key Points

• Institutional ownership surged as Strs Ohio boosted its stake by 1,428% to 58,751 shares (~$11.37M), joining large position increases from firms like Wellington, Alkeon and Assenagon, with institutions owning 99.77% of the stock.
• Teradyne posted a strong beat—$2.56 EPS vs. $2.11 est. and $1.28B revenue (up 87% YoY)—and set Q2 guidance of $1.86–2.15 EPS, prompting analyst upgrades and higher targets (UBS $440, JPMorgan $400) and a consensus "Moderate Buy" target of $339.80.
• Despite the results and ~70% AI-exposure driving bullish coverage, the stock traded sharply lower (roughly a 17% post‑earnings sell‑off) as investor expectations outpaced the outlook.

Strs Ohio lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 1,428.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,751 shares of the company's stock after purchasing an additional 54,906 shares during the quarter. Strs Ohio's holdings in Teradyne were worth $11,372,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of TER. Wellington Management Group LLP lifted its stake in shares of Teradyne by 13,949.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company's stock worth $280,357,000 after acquiring an additional 2,022,389 shares during the period. Alkeon Capital Management LLC increased its stake in shares of Teradyne by 48.6% during the third quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company's stock valued at $395,427,000 after acquiring an additional 940,000 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Teradyne by 3,233.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company's stock valued at $176,144,000 after acquiring an additional 882,723 shares during the period. Rafferty Asset Management LLC raised its holdings in Teradyne by 65.4% during the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company's stock worth $194,770,000 after purchasing an additional 856,540 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Teradyne by 60.1% in the second quarter. Bank of America Corp DE now owns 2,082,945 shares of the company's stock worth $187,298,000 after purchasing an additional 781,517 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on TER. UBS Group boosted their price objective on Teradyne from $325.00 to $440.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. Bank of America lifted their target price on Teradyne from $250.00 to $260.00 and gave the stock a "buy" rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. upgraded shares of Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 price target on the stock in a research report on Thursday, April 30th. Zacks Research downgraded shares of Teradyne from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Finally, Morgan Stanley set a $387.00 price objective on shares of Teradyne in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $339.80.

Teradyne Price Performance

Teradyne stock opened at $337.44 on Tuesday. Teradyne, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $422.11. The firm's 50 day simple moving average is $329.08 and its 200-day simple moving average is $250.58. The company has a market cap of $52.83 billion, a P/E ratio of 62.49, a price-to-earnings-growth ratio of 1.43 and a beta of 1.79.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. The firm's quarterly revenue was up 87.0% on a year-over-year basis. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, analysts expect that Teradyne, Inc. will post 7.05 EPS for the current fiscal year.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts and bullish writeups emphasize Teradyne's AI exposure — about 70% of revenue — and dramatic EPS growth, positioning the company as a core play on AI infrastructure demand. Bull of the Day: Teradyne (TER)
• Positive Sentiment: Zacks’ “Bull of the Day” piece highlights Teradyne’s market position in automated test equipment and robotics across semiconductors and data center customers, reinforcing the growth narrative. Bull of the Day: Teradyne (TER)
• Positive Sentiment: Northland Securities raised Q2 EPS estimates for Teradyne, reflecting higher near‑term earnings expectations following the quarter. Q2 EPS Estimates for Teradyne Lifted by Northland Securities
• Positive Sentiment: Jim Cramer highlighted Teradyne’s role in the massive AI/data center buildout, increasing retail and momentum investor interest. Jim Cramer Explains the Role of Teradyne in the Data Center Build Out
• Neutral Sentiment: Duplicate coverage reiterates Cramer’s comments and the company’s infrastructure relevance; useful context but not new catalyst. Jim Cramer Explains the Role of Teradyne in the Data Center Build Out (InsiderMonkey)
• Negative Sentiment: Despite the record, headlines reported a sharp post‑earnings sell‑off — investors appear to have reacted to the gap between sky‑high expectations and the company’s outlook/nuances, triggering a large one‑day decline. Teradyne stock drops 17% despite record AI-driven quarter
• Negative Sentiment: Analysis notes the quarter didn’t fully satisfy extremely high investor expectations, which helps explain recent weakness even as the long‑term AI thesis remains intact. Here's Why Teradyne Stock Slumped (And Why it Could Be a Great AI Stock to Buy)

About Teradyne

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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