The Manufacturers Life Insurance Company Buys New Position in Teradyne, Inc. $TER

Key Points

• The Manufacturers Life Insurance Company purchased 86,726 Teradyne shares worth approximately $42.0 million, while institutional investors collectively own 99.77% of the company.
• Teradyne reported strong quarterly results, with EPS of $2.47 beating estimates and revenue rising 103.9% year over year to $1.33 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $396.80.
• The company declared a quarterly dividend of $0.13 per share, but its stock remains highly valued at roughly 49.8 times earnings; CEO Gregory Smith also sold $1.7 million in shares under a pre-arranged trading plan.

The Manufacturers Life Insurance Company bought a new stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 86,726 shares of the company's stock, valued at approximately $41,962,000. The Manufacturers Life Insurance Company owned about 0.06% of Teradyne at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Womack Financial LLC purchased a new stake in shares of Teradyne during the 2nd quarter valued at $359,000. Fiduciary Financial Advisors bought a new stake in shares of Teradyne during the 2nd quarter worth $104,000. L2 Asset Management LLC purchased a new position in Teradyne in the second quarter worth $432,000. Paradigm Capital Management Inc. NY purchased a new position in Teradyne in the second quarter worth $23,539,000. Finally, Algert Global LLC increased its stake in Teradyne by 61.2% in the second quarter. Algert Global LLC now owns 23,434 shares of the company's stock valued at $11,338,000 after acquiring an additional 8,899 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne’s AI-driven datacenter exposure, strong memory demand and strategic initiatives are viewed as supporting further growth, potentially strengthening its position relative to Cisco and Vertiv. Strong Datacenter Growth Boosts TER's Prospects Against CSCO & VRT
• Positive Sentiment: Industry analysts continue to identify Teradyne as a beneficiary of semiconductor infrastructure investment, expanded production capacity and resilient electronics demand, despite macroeconomic risks. Zacks Industry Outlook KLA, Teradyne and Garmin
• Positive Sentiment: A new quarterly dividend of $0.13 per share, payable September 25 to shareholders of record September 4, reinforces Teradyne’s shareholder-return strategy. Some analysis also suggests the stock could be undervalued following its recent decline. Teradyne Could Be 18% Undervalued
• Neutral Sentiment: Teradyne was featured in commentary as a potential “hidden AI play,” increasing visibility among investors seeking companies positioned to benefit from datacenter expansion. Jacob Sonenshine Sees MU Buy Opportunity, TER & SO as Hidden AI Plays
• Neutral Sentiment: Reported August short-interest data showed zero shares sold short and a zero-day days-to-cover ratio, providing no meaningful evidence of short-selling pressure; the figures may reflect incomplete or anomalous data.
• Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction followed a pre-planned Rule 10b5-1 schedule, reducing its signaling impact but potentially adding modest near-term caution. Teradyne CEO Gregory Smith Sells 4,000 Shares
• Negative Sentiment: The dividend announcement comes after a sharp recent pullback, while Teradyne’s valuation remains demanding at roughly 50 times earnings. Investors may be taking profits after the stock’s substantial year-to-date advance, despite strong earnings momentum.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief executive officer owned 112,495 shares of the company's stock, valued at approximately $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.19% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TER shares. Morgan Stanley raised their price target on Teradyne from $387.00 to $397.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. upgraded Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 price objective on the stock in a research report on Thursday, April 30th. Evercore reissued an "outperform" rating and set a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. Weiss Ratings raised Teradyne from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, August 20th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $550.00 target price on shares of Teradyne in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $396.80.

Teradyne Stock Down 0.9%

NASDAQ TER opened at $363.10 on Thursday. The company has a 50-day simple moving average of $383.34 and a two-hundred day simple moving average of $356.43. Teradyne, Inc. has a 12-month low of $109.56 and a 12-month high of $487.91. The firm has a market cap of $56.77 billion, a price-to-earnings ratio of 49.81, a PEG ratio of 0.74 and a beta of 1.78.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.09 by $0.38. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company's quarterly revenue was up 103.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 earnings per share. Equities analysts expect that Teradyne, Inc. will post 9.1 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be given a $0.13 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.52 annualized dividend and a yield of 0.1%. Teradyne's payout ratio is presently 7.13%.

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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