Teradyne, Inc. $TER Stock Sold by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer reduced its Teradyne stake by 45.9% in the third quarter, selling 241,475 shares and retaining 285,186 shares worth approximately $114.5 million. Institutional investors collectively own 99.77% of Teradyne.
• Teradyne reported strong quarterly results, with revenue rising 69.8% year over year to $1.31 billion and EPS of $2.29 beating the $2.09 consensus estimate.
• Analyst sentiment remains positive overall, with an average “Moderate Buy” rating and a consensus price target of $405.86, despite mixed target-price adjustments and a recent insider sale by CEO Gregory Smith.

Bank Julius Baer & Co. Ltd Zurich reduced its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 45.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 285,186 shares of the company's stock after selling 241,475 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 0.18% of Teradyne worth $114,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Leeward Financial Partners LLC acquired a new position in Teradyne during the 2nd quarter worth about $3,735,000. Legal & General Group Plc acquired a new position in Teradyne during the second quarter worth $656,058,000. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Teradyne during the second quarter worth about $4,826,000. Handelsbanken Fonder AB raised its holdings in Teradyne by 2.6% in the second quarter. Handelsbanken Fonder AB now owns 127,990 shares of the company's stock valued at $61,927,000 after buying an additional 3,250 shares during the period. Finally, Baird Financial Group Inc. grew its position in shares of Teradyne by 147.2% during the second quarter. Baird Financial Group Inc. now owns 53,029 shares of the company's stock worth $25,658,000 after buying an additional 31,579 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

Insider Activity at Teradyne

In related news, CEO Gregory Smith sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the transaction, the chief executive officer owned 104,495 shares in the company, valued at $35,662,053.60. This trade represents a 3.69% decrease in their position. 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. Insiders sold a total of 12,000 shares of company stock worth $4,416,440 in the last 90 days. 0.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TER has been the subject of several research analyst reports. Evercore reissued an "outperform" rating and issued a $420.00 price objective on shares of Teradyne in a research note on Thursday, July 30th. Morgan Stanley upped their target price on Teradyne from $387.00 to $397.00 and gave the stock an "equal weight" rating in a report on Thursday, July 30th. UBS Group dropped their price target on Teradyne from $485.00 to $430.00 and set a "buy" rating for the company in a research note on Thursday. Cantor Fitzgerald reissued an "overweight" rating and issued a $550.00 price objective on shares of Teradyne in a research note on Wednesday, July 29th. Finally, Zacks Research lowered shares of Teradyne from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $405.86.

Teradyne Price Performance

Teradyne stock opened at $274.37 on Monday. The firm has a market capitalization of $42.90 billion, a P/E ratio of 31.50, a price-to-earnings-growth ratio of 0.54 and a beta of 1.73. The company's 50-day moving average is $364.20 and its 200 day moving average is $348.40. Teradyne, Inc. has a 1-year low of $151.52 and a 1-year high of $487.91.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.20. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.27 billion. Teradyne had a net margin of 27.46% and a return on equity of 43.81%. The company's revenue for the quarter was up 69.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.85 earnings per share. Research analysts anticipate that Teradyne, Inc. will post 9.36 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued 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 0.2%. Teradyne's dividend payout ratio is presently 5.97%.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne’s latest quarterly results showed strong momentum: revenue reached $1.31 billion, up nearly 70% year over year, while EPS of $2.29 exceeded the $2.09 consensus estimate. Management also highlighted expanding AI-compute programs, record memory-test revenue, and capacity investments supporting potential growth in 2027. Teradyne Q3 Earnings Call Highlights AI Demand and 2027 Growth Plans
• Positive Sentiment: Northland Securities raised its FY2026 EPS forecast to $9.40 from $9.34 and increased its Q2 2027 estimate to $2.63 from $2.50. Both forecasts are above the current full-year consensus estimate of $9.17, signaling expectations for continued earnings growth. Teradyne analyst estimate updates
• Positive Sentiment: UBS lowered its price target to $430 from $485 but retained a Buy rating. The revised target still implies substantial upside based on the referenced trading level, suggesting UBS views the long-term AI and automation opportunity as intact. UBS Teradyne price-target update

About Teradyne

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company's product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.

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