WT Asset Management Ltd Trims Stake in Teradyne, Inc. $TER

Key Points

• WT Asset Management trimmed its stake in Teradyne by 14% in Q4, selling 42,688 shares and now holds 261,986 shares (~0.17% of the company) worth about $50.7M, making TER ~2.0% of WT's portfolio and its 20th largest position.
• Teradyne reported a strong quarter (EPS $1.80 vs. $1.36 expected; revenue $1.08B, +43.9% YoY), driving several analyst price-target raises and a MarketBeat consensus of "Moderate Buy" (average target ~$314.53), though the stock's elevated P/E (~120) and recent rally increase pullback risk.

WT Asset Management Ltd cut its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 261,986 shares of the company's stock after selling 42,688 shares during the period. Teradyne comprises about 2.0% of WT Asset Management Ltd's investment portfolio, making the stock its 20th biggest position. WT Asset Management Ltd owned approximately 0.17% of Teradyne worth $50,710,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in Teradyne during the 3rd quarter worth approximately $31,000. Davidson Capital Management Inc. purchased a new stake in shares of Teradyne in the third quarter worth $31,000. CYBER HORNET ETFs LLC bought a new stake in shares of Teradyne during the 2nd quarter valued at $35,000. Hemington Wealth Management raised its position in shares of Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company's stock valued at $36,000 after purchasing an additional 79 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teradyne during the 4th quarter valued at $37,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Susquehanna upped their target price on shares of Teradyne from $335.00 to $415.00 and gave the stock a "positive" rating in a report on Thursday, April 9th. Zacks Research lowered Teradyne from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. Bank of America lifted their target price on Teradyne from $250.00 to $260.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. Wall Street Zen upgraded Teradyne from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Finally, Robert W. Baird lifted their price objective on shares of Teradyne from $305.00 to $332.00 and gave the company an "outperform" rating in a research report on Monday, March 30th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $314.53.

Teradyne Stock Performance

NASDAQ TER opened at $418.08 on Friday. The stock has a 50 day moving average price of $325.46 and a 200-day moving average price of $242.98. Teradyne, Inc. has a one year low of $71.27 and a one year high of $422.11. The company has a market capitalization of $65.45 billion, a P/E ratio of 120.14, a P/E/G ratio of 2.40 and a beta of 1.79.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.44. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. During the same quarter in the prior year, the firm earned $0.95 earnings per share. Teradyne's revenue was up 43.9% on a year-over-year basis. As a group, equities analysts predict that Teradyne, Inc. will post 6.12 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne's payout ratio is presently 14.94%.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Court injunction in Germany strengthens Teradyne's robotics IP protection and constrains a rival's use of Universal Robots software, reducing competitive risk for Teradyne Robotics and supporting future revenue/margin prospects. Teradyne (TER) Wins Injunction in Robotics Copyright Case
• Positive Sentiment: Teradyne has a strong earnings-surprise history and analysts expect Q1 upside driven by AI demand and strength in semiconductor test — a continued beat could lift the stock. Will Teradyne (TER) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Expanded partnership with Flex aims to scale intelligent automation deployment for Teradyne Robotics, supporting revenue expansion and customer reach in industrial automation. Flex and Teradyne Robotics Expand Partnership to Scale Intelligent Automation
• Positive Sentiment: Recent analyst write-ups position TER as a momentum/top-pick stock, reflecting strong market sentiment that can attract flows from momentum-focused funds. Are You Looking for a Top Momentum Pick? Why Teradyne (TER) is a Great Choice
• Neutral Sentiment: Pieces highlighting 10-year returns and long-term investor gains underline strong historical performance but are informational rather than near-term catalysts. Here's How Much a $1000 Investment in Teradyne Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Wall Street previews and metric-level estimates for Q1 give investors read-throughs but are mainly background for the upcoming report. Stay Ahead of the Game With Teradyne (TER) Q1 Earnings: Wall Street's Insights on Key Metrics
• Neutral Sentiment: Comparative pieces (e.g., RAYA vs TER) are low-impact for Teradyne's near-term price action. Erayak Power Solution Group NASDAQ: RAYA vs. Teradyne NASDAQ: TER Head to Head Survey
• Negative Sentiment: Valuation concerns after a sharp multi‑month rally: TER's P/E is elevated and the stock has run significantly YTD, which raises pullback risk if upcoming earnings or guidance disappoint. Teradyne (TER) Valuation Check After Strong Multi‑Month Share Price Rally

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.

Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.