UniSuper Management Pty Ltd Acquires 5,143 Shares of Teradyne, Inc. $TER

Key Points

• UniSuper Management Pty Ltd increased its stake in Teradyne, Inc. by 12.7% during the first quarter, holding 45,549 shares valued at approximately $3.76 million.
• CEO Gregory Stephen Smith sold 554 shares of Teradyne at an average price of $106.00, reducing his ownership to 96,993 shares.
• Teradyne reported earnings of $0.57 per share, beating estimates, but its year-over-year revenue dropped by 10.7% to $651.80 million.

UniSuper Management Pty Ltd raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 12.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,549 shares of the company's stock after purchasing an additional 5,143 shares during the period. UniSuper Management Pty Ltd's holdings in Teradyne were worth $3,762,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Snowden Capital Advisors LLC grew its holdings in shares of Teradyne by 2.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,748 shares of the company's stock worth $472,000 after acquiring an additional 103 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Teradyne by 1.0% in the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company's stock worth $1,035,000 after acquiring an additional 124 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after acquiring an additional 140 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Teradyne by 22.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 820 shares of the company's stock worth $68,000 after acquiring an additional 149 shares during the last quarter. Finally, Heritage Family Offices LLP grew its holdings in shares of Teradyne by 6.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,568 shares of the company's stock worth $212,000 after acquiring an additional 161 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Price Performance

TER traded down $2.26 during trading on Thursday, reaching $115.56. 4,023,672 shares of the stock traded hands, compared to its average volume of 3,217,150. The stock has a market cap of $18.38 billion, a price-to-earnings ratio of 37.17, a price-to-earnings-growth ratio of 2.48 and a beta of 1.80. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $144.16. The stock's 50-day simple moving average is $105.29 and its two-hundred day simple moving average is $91.69.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The firm had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. During the same quarter last year, the firm earned $0.86 earnings per share. The business's revenue for the quarter was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Research analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 5th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, September 5th. Teradyne's dividend payout ratio (DPR) is 16.61%.

Analyst Ratings Changes

A number of brokerages recently issued reports on TER. The Goldman Sachs Group restated a "sell" rating and issued a $85.00 target price on shares of Teradyne in a report on Wednesday, July 30th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $102.00 target price (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Stifel Nicolaus raised their target price on Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. UBS Group reaffirmed a "buy" rating and issued a $130.00 target price (up previously from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Finally, Cowen reaffirmed a "buy" rating on shares of Teradyne in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $114.44.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the transaction, the chief executive officer directly owned 96,993 shares in the company, valued at $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by company insiders.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.