Meiji Yasuda Asset Management Co Ltd. Acquires Shares of 1,443 Teradyne, Inc. $TER

Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,443 shares of the company’s stock, valued at approximately $698,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TER. Leeward Financial Partners LLC purchased a new position in shares of Teradyne in the second quarter valued at $3,735,000. Gouws Capital LLC lifted its holdings in Teradyne by 96.0% during the 4th quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock worth $2,966,000 after purchasing an additional 7,505 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Teradyne by 56.0% in the 4th quarter. Wealthfront Advisers LLC now owns 29,336 shares of the company’s stock worth $5,678,000 after purchasing an additional 10,526 shares during the period. B. Metzler seel. Sohn & Co. AG purchased a new position in Teradyne during the 2nd quarter valued at about $4,826,000. Finally, Zweig DiMenna Associates LLC increased its position in shares of Teradyne by 10.0% during the fourth quarter. Zweig DiMenna Associates LLC now owns 80,629 shares of the company’s stock valued at $15,607,000 after buying an additional 7,300 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of Teradyne stock opened at $366.43 on Wednesday. Teradyne, Inc. has a 52-week low of $109.56 and a 52-week high of $487.91. The company’s 50 day moving average price is $384.25 and its 200-day moving average price is $355.78. The stock has a market capitalization of $57.29 billion, a price-to-earnings ratio of 50.26, a P/E/G ratio of 0.74 and a beta of 1.78.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm’s revenue for the quarter was up 103.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 EPS. As a group, equities research analysts forecast that Teradyne, Inc. will post 9.1 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 4th. Teradyne’s payout ratio is currently 7.13%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer owned 112,495 shares in the company, valued at approximately $47,810,375. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on TER shares. Robert W. Baird reaffirmed a “neutral” rating and set a $420.00 price objective on shares of Teradyne in a research note on Friday, August 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $465.00 target price on shares of Teradyne in a research note on Tuesday, July 28th. Stifel Nicolaus raised their price target on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Cantor Fitzgerald restated an “overweight” rating and set a $550.00 price target on shares of Teradyne in a research report on Wednesday, July 29th. Finally, Evercore reaffirmed an “outperform” rating and issued a $420.00 price target on shares of Teradyne in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Teradyne currently has an average rating of “Moderate Buy” and an average price target of $396.80.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne declared a quarterly cash dividend of $0.13 per share, payable September 25 to shareholders of record as of September 4. Although the roughly 0.1% yield is modest, the payment reinforces management’s shareholder-return policy. Teradyne Declares Quarterly Cash Dividend
• Positive Sentiment: Analyst commentary identified TER as an AI infrastructure play, while broader electronics-industry investment in infrastructure and expanded capacity could benefit Teradyne’s semiconductor and robotics testing businesses. 3 Electronics Stocks Set to Benefit From a Prospering Industry
• Positive Sentiment: Teradyne remains on analysts’ earnings radar, with annual profit estimates reportedly rising. The company’s latest quarterly results also showed substantial year-over-year revenue growth and an earnings beat, supporting the longer-term growth narrative. Teradyne, Lumentum Back On Analysts’ Earnings Radar
• Neutral Sentiment: Reported short interest was listed at zero shares, with zero days to cover. Because the figures show no short position and an “NaN” change, the data appears unreliable and offers no meaningful short-squeeze signal.
• Negative Sentiment: CEO Gregory Smith sold 4,000 shares for approximately $1.7 million. The transaction occurred under a pre-planned Rule 10b5-1 schedule, reducing its significance as a signal of deteriorating management confidence, but insider selling can still weigh modestly on sentiment. Teradyne CEO Gregory Smith Sells Shares

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.