Teradyne, Inc. (NASDAQ:TER) Sees Large Increase in Short Interest

Key Points

• Teradyne, Inc. reported a significant increase in short interest, rising 49.1% to 10,570,000 shares as of September 15th, representing 6.7% of its stock.
• The company recently announced a dividend of $0.12 per share, yielding 0.3% annually, with a dividend payout ratio of 16.61%.
• Analysts have boosted price targets for Teradyne, with UBS Group increasing its target to $130, reflecting a positive outlook on the company's performance.

Teradyne, Inc. (NASDAQ:TER - Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 10,570,000 shares, a growth of 49.1% from the August 31st total of 7,090,000 shares. Currently, 6.7% of the shares of the stock are short sold. Based on an average trading volume of 4,170,000 shares, the short-interest ratio is currently 2.5 days. Based on an average trading volume of 4,170,000 shares, the short-interest ratio is currently 2.5 days. Currently, 6.7% of the shares of the stock are short sold.

Teradyne Trading Up 1.5%

TER opened at $147.87 on Tuesday. Teradyne has a 12-month low of $65.77 and a 12-month high of $150.71. The business's fifty day simple moving average is $118.36 and its 200-day simple moving average is $95.36. The company has a market capitalization of $23.52 billion, a price-to-earnings ratio of 51.17, a PEG ratio of 3.06 and a beta of 1.82.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping 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 business had revenue of $651.80 million for the quarter, compared to the consensus estimate of $649.02 million. During the same quarter in the prior year, the company earned $0.86 EPS. The business'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. On average, equities research analysts predict that Teradyne will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were given a dividend of $0.12 per share. 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%.

Analysts Set New Price Targets

Several analysts recently weighed in on TER shares. UBS Group restated a "buy" rating and set a $130.00 price target (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Weiss Ratings restated a "hold (c)" rating on shares of Teradyne in a report on Saturday, September 27th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $102.00 price objective (up previously from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. Susquehanna upped their price objective on Teradyne from $133.00 to $200.00 and gave the company a "positive" rating in a research report on Monday, September 22nd. Finally, Stifel Nicolaus upped their price objective on Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $118.63.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of the company's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $126.39, for a total transaction of $70,020.06. Following the sale, the chief executive officer directly owned 95,885 shares of the company's stock, valued at $12,118,905.15. This represents a 0.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 2,216 shares of company stock worth $251,028. 0.16% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Teradyne

A number of institutional investors have recently added to or reduced their stakes in the stock. Fulton Bank N.A. boosted its position in Teradyne by 4.3% during the second quarter. Fulton Bank N.A. now owns 2,722 shares of the company's stock valued at $245,000 after purchasing an additional 113 shares in the last quarter. HighTower Advisors LLC raised its stake in Teradyne by 1.0% in the first 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 last quarter. Manchester Capital Management LLC raised its stake in Teradyne by 29.4% in the second quarter. Manchester Capital Management LLC now owns 586 shares of the company's stock valued at $53,000 after buying an additional 133 shares during the last quarter. Outlook Wealth Advisors LLC raised its stake in Teradyne by 4.8% in the second quarter. Outlook Wealth Advisors LLC now owns 3,452 shares of the company's stock valued at $310,000 after buying an additional 157 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its stake 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 buying an additional 166 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

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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