US Bancorp DE Has $1.23 Million Position in Teradyne, Inc. $TER

Key Points

• US Bancorp DE reduced its position in Teradyne, Inc. by 27.3%, now holding shares worth $1.23 million after selling 5,153 shares in the second quarter.
• The stock has received a range of price target adjustments from analysts, with UBS Group setting a new target of $130.00 and Morgan Stanley raising theirs to $136.00.
• Teradyne announced a quarterly dividend of $0.12, resulting in an annualized yield of 0.3%, with a payout ratio of 16.61%.

US Bancorp DE reduced its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 27.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,725 shares of the company's stock after selling 5,153 shares during the period. US Bancorp DE's holdings in Teradyne were worth $1,234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TER. Vontobel Holding Ltd. boosted its holdings in Teradyne by 1.0% in the second quarter. Vontobel Holding Ltd. now owns 20,909 shares of the company's stock worth $1,880,000 after purchasing an additional 202 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Teradyne by 7.1% during the second quarter. Maryland State Retirement & Pension System now owns 7,816 shares of the company's stock valued at $703,000 after acquiring an additional 516 shares during the period. KLP Kapitalforvaltning AS boosted its holdings in Teradyne by 1.8% during the second quarter. KLP Kapitalforvaltning AS now owns 55,800 shares of the company's stock valued at $5,018,000 after acquiring an additional 1,000 shares during the period. QRG Capital Management Inc. boosted its holdings in Teradyne by 231.5% during the second quarter. QRG Capital Management Inc. now owns 106,567 shares of the company's stock valued at $9,583,000 after acquiring an additional 74,417 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Teradyne during the second quarter valued at about $260,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the firm's stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $145.24, for a total value of $160,925.92. Following the transaction, the chief executive officer directly owned 94,777 shares of the company's stock, valued at approximately $13,765,411.48. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 3,324 shares of company stock valued at $411,954 over the last quarter. 0.16% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. UBS Group reaffirmed a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Morgan Stanley upped their price objective on shares of Teradyne from $100.00 to $136.00 and gave the company an "equal weight" rating in a research report on Tuesday. The Goldman Sachs Group increased their price target on shares of Teradyne from $85.00 to $130.00 and gave the stock a "sell" rating in a research report on Thursday, October 9th. Northland Securities set a $161.00 price target on shares of Teradyne in a research report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and issued a $102.00 price target (up previously from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $124.93.

Teradyne Price Performance

TER opened at $139.30 on Friday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $150.71. The company's 50 day simple moving average is $124.05 and its 200-day simple moving average is $98.17. The stock has a market capitalization of $22.16 billion, a P/E ratio of 48.20, a price-to-earnings-growth ratio of 2.96 and a beta of 1.82.

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

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 5th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne's dividend payout ratio (DPR) is presently 16.61%.

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.

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