Janus Henderson Group PLC Reduces Stock Position in Teradyne, Inc. $TER

Janus Henderson Group PLC lessened its position in Teradyne, Inc. (NASDAQ:TER) by 28.8% during the first quarter, Holdings Channel.com reports. The fund owned 486,919 shares of the company’s stock after selling 196,881 shares during the period. Janus Henderson Group PLC’s holdings in Teradyne were worth $144,336,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Teradyne during the fourth quarter valued at about $28,000. CYBER HORNET ETFs LLC bought a new stake in shares of Teradyne in the second quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teradyne during the 4th quarter valued at about $37,000. University of Texas Texas AM Investment Management Co. bought a new position in Teradyne during the 4th quarter valued at approximately $41,000. Finally, Cornerstone Planning Group LLC raised its position in Teradyne by 149.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $42,000 after purchasing an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $367.69 on Friday. The firm has a market capitalization of $57.56 billion, a P/E ratio of 50.44, a P/E/G ratio of 0.89 and a beta of 1.74. The stock has a 50 day moving average price of $382.61 and a 200-day moving average price of $337.07. Teradyne, Inc. has a 52-week low of $102.42 and a 52-week high of $487.91.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.38. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The firm’s revenue was up 103.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, equities analysts forecast that Teradyne, Inc. will post 7.57 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.13 per share. This is a boost from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is presently 7.13%.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: AI demand produced record results: Teradyne reported second-quarter revenue of $1.33 billion, up 103.9% year over year and above the $1.22 billion analyst consensus. Adjusted earnings of $2.47 per share exceeded expectations of $2.09, while management tied the performance to rising demand for semiconductor testing associated with AI data centers, advanced chips and vehicles. TER Q2 Deep Dive: AI Demand Drives Growth Across Semiconductor Test and Robotics
• Positive Sentiment: Strong third-quarter outlook supports continued momentum: Teradyne’s projected third-quarter revenue midpoint of $1.25 billion was reportedly about 21% above analyst expectations. Increased wafer-fabrication investment, more complex chip designs and expanding memory opportunities are supporting demand for the company’s test systems. Teradyne Beats Q2 Expectations As AI Chip Demand Lifts Q3 Outlook
• Positive Sentiment: Robotics also contributed to growth: Teradyne Robotics revenue increased 33% year over year in the second quarter, adding diversification beyond semiconductor testing and reinforcing the company’s exposure to factory automation. Teradyne Robotics revenue rises 33% year over year in Q2
• Positive Sentiment: Analyst estimates and sentiment improved: Northland Securities raised its projected third- and fourth-quarter 2027 EPS to $2.05 and $1.86, respectively. Cantor Fitzgerald assigned an “Overweight” rating, while Morgan Stanley lifted its price target to $397 but retained an “Equal Weight” rating. Teradyne Earns Overweight Rating from Cantor Fitzgerald
• Neutral Sentiment: Investor consideration: The strong results have reinforced Teradyne’s AI-growth narrative, though the Morgan Stanley “Equal Weight” stance indicates that some analysts may view the improved outlook as largely reflected in the stock’s valuation.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $423.03, for a total value of $1,692,120.00. Following the sale, the chief executive officer directly owned 120,470 shares of the company’s stock, valued at $50,962,424.10. This represents a 3.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $355.00, for a total transaction of $232,880.00. Following the completion of the transaction, the insider owned 15,722 shares of the company’s stock, valued at approximately $5,581,310. The trade was a 4.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last 90 days, insiders have sold 14,941 shares of company stock worth $5,444,112. Corporate insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TER. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research report on Thursday, April 30th. Robert W. Baird set a $420.00 target price on Teradyne in a report on Thursday. Morgan Stanley raised their price target on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $465.00 price target on shares of Teradyne in a report on Tuesday. Finally, UBS Group upped their price objective on shares of Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $396.80.

Teradyne Company Profile

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.