Wealth Enhancement Advisory Services LLC Decreases Stock Position in Teradyne, Inc. $TER

Key Points

• Wealth Enhancement Advisory Services LLC reduced its stake in Teradyne, Inc. by 24.6%, owning 28,399 shares worth approximately $2.64 million after selling 9,262 shares.
• Several analysts have raised their price targets for Teradyne, with Susquehanna increasing it from $133 to $200 and UBS Group raising it to $130, reflecting a generally positive outlook.
• Teradyne announced a quarterly dividend of $0.12 per share, indicating an annualized dividend of $0.48 and a dividend yield of 0.4%.

Wealth Enhancement Advisory Services LLC decreased its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 24.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,399 shares of the company's stock after selling 9,262 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Teradyne were worth $2,643,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TER. HighTower Advisors LLC increased its holdings in Teradyne by 1.0% in the 1st quarter. HighTower Advisors LLC now owns 12,528 shares of the company's stock valued at $1,035,000 after buying an additional 124 shares during the period. Manchester Capital Management LLC grew its position in shares of Teradyne by 44.7% during the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Teradyne by 22.2% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 820 shares of the company's stock valued at $68,000 after purchasing an additional 149 shares during the last quarter. Heritage Family Offices LLP grew its holdings in Teradyne by 6.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,568 shares of the company's stock valued at $212,000 after buying an additional 161 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its holdings in Teradyne by 0.3% in the first quarter. Federation des caisses Desjardins du Quebec now owns 51,076 shares of the company's stock valued at $4,219,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TER shares. Susquehanna lifted their target price on Teradyne from $133.00 to $200.00 and gave the stock a "positive" rating in a research report on Monday, September 22nd. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the company an "overweight" rating in a research note on Tuesday, June 24th. Stifel Nicolaus boosted their target price on shares of Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. UBS Group reissued a "buy" rating and issued a $130.00 price target (up from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Finally, The Goldman Sachs Group reissued a "sell" rating and issued a $85.00 target price on shares of Teradyne in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $118.63.

Teradyne Price Performance

Shares of TER stock opened at $135.31 on Friday. The firm has a market capitalization of $21.52 billion, a price-to-earnings ratio of 46.82, a price-to-earnings-growth ratio of 2.85 and a beta of 1.80. The business has a 50 day simple moving average of $112.42 and a 200 day simple moving average of $93.06. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $144.16.

Teradyne (NASDAQ:TER - Get Free Report) last announced 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 net margin of 16.59% and a return on equity of 18.16%. The firm had revenue of $651.80 million for the quarter, compared to analysts' expectations of $649.02 million. During the same period 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. On average, equities analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

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

Insider Activity

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $126.39, for a total value of $70,020.06. Following the transaction, the chief executive officer directly owned 95,885 shares of the company's stock, valued at approximately $12,118,905.15. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 2,216 shares of company stock worth $251,028. 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.

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