Healthcare of Ontario Pension Plan Trust Fund Boosts Stock Position in Teradyne, Inc. $TER

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Teradyne, Inc. (NASDAQ:TER) by 554.7% in the 1st quarter, HoldingsChannel reports. The firm owned 40,535 shares of the company’s stock after purchasing an additional 34,344 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Teradyne were worth $12,017,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gouws Capital LLC raised its position in shares of Teradyne by 96.0% in the fourth quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock valued at $2,966,000 after buying an additional 7,505 shares during the last quarter. Wealthfront Advisers LLC boosted its position in Teradyne by 56.0% during the fourth quarter. Wealthfront Advisers LLC now owns 29,336 shares of the company’s stock worth $5,678,000 after acquiring an additional 10,526 shares during the last quarter. Merit Financial Group LLC boosted its position in Teradyne by 81.3% during the fourth quarter. Merit Financial Group LLC now owns 6,659 shares of the company’s stock worth $1,289,000 after acquiring an additional 2,986 shares during the last quarter. Lecap Asset Management Ltd. boosted its position in Teradyne by 88.5% during the fourth quarter. Lecap Asset Management Ltd. now owns 8,392 shares of the company’s stock worth $1,624,000 after acquiring an additional 3,941 shares during the last quarter. Finally, Brendel Financial Advisors LLC purchased a new stake in Teradyne in the 4th quarter worth approximately $2,614,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates: Teradyne reported non-GAAP earnings of $2.47 per share, up from $0.57 a year earlier and above the $2.04–$2.09 analyst consensus. Revenue more than doubled year over year to $1.329 billion, led by $1.122 billion from Semiconductor Test. Teradyne Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Upbeat third-quarter outlook: Management forecast revenue of approximately $1.2 billion to $1.3 billion and non-GAAP EPS of $1.85 to $2.15, both well above Wall Street expectations of roughly $1.0 billion in revenue and $1.43 EPS. The outlook reflects sustained investment in wafer-fabrication equipment and demand connected to artificial intelligence chips. Teradyne Forecasts Upbeat Revenue on Strong Chip Equipment Demand
• Positive Sentiment: AI-driven growth is strengthening the investment case: Teradyne’s semiconductor-testing business is benefiting from the AI boom, while new AI chip-testing solutions and the Tokyo Electron partnership could support future growth in semiconductor test and robotics. Teradyne Profit Soars on Semiconductor Testing Demand
• Negative Sentiment: Valuation and elevated expectations remain risks: Teradyne has rallied substantially over the past year and trades at a high earnings multiple, leaving limited room for disappointment. The recent pullback before earnings also suggests investors had become cautious about whether AI-related growth was already reflected in the share price.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TER shares. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price target on the stock in a research note on Thursday, April 30th. Citigroup lifted their price target on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Evercore set a $370.00 price objective on shares of Teradyne in a research note on Thursday, April 30th. Morgan Stanley set a $387.00 price objective on shares of Teradyne in a report on Thursday, April 30th. Finally, Stifel Nicolaus raised their target price on shares of Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $394.53.

Insiders Place Their Bets

In other news, insider Shannon John Poulin sold 656 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $355.00, for a total value of $232,880.00. Following the completion of the sale, the insider owned 15,722 shares of the company’s stock, valued at $5,581,310. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $423.03, for a total transaction of $1,692,120.00. Following the completion of the transaction, the chief executive officer directly owned 120,470 shares in the company, valued at approximately $50,962,424.10. This represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,941 shares of company stock worth $5,444,112 over the last ninety days. 0.19% of the stock is owned by company insiders.

Teradyne Price Performance

NASDAQ TER opened at $321.07 on Wednesday. The firm has a market capitalization of $50.26 billion, a P/E ratio of 59.46, a P/E/G ratio of 0.97 and a beta of 1.74. Teradyne, Inc. has a 1-year low of $89.18 and a 1-year high of $487.91. The business’s 50-day simple moving average is $382.68 and its 200-day simple moving average is $335.09.

Teradyne (NASDAQ:TER) last posted its earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The company’s revenue was up 103.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 EPS. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, equities research analysts expect that Teradyne, Inc. will post 7.2 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.13 per share. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, May 21st. Teradyne’s payout ratio is presently 9.63%.

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.