Teradyne, Inc. $TER Stock: Lmcg Investments LLC Trims Holdings

Lmcg Investments LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 20.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,343 shares of the company’s stock after selling 2,604 shares during the quarter. Lmcg Investments LLC’s holdings in Teradyne were worth $4,147,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TER. BlackRock Inc. bought a new position in Teradyne during the 2nd quarter valued at about $9,404,408,000. State Street Corp boosted its position in Teradyne by 4.6% in the second quarter. State Street Corp now owns 7,290,460 shares of the company’s stock valued at $3,527,416,000 after buying an additional 320,034 shares in the last quarter. Van ECK Associates Corp grew its stake in Teradyne by 5.0% during the second quarter. Van ECK Associates Corp now owns 2,607,914 shares of the company’s stock worth $1,261,813,000 after buying an additional 123,549 shares during the last quarter. ABS Investment Management LLC bought a new stake in Teradyne during the second quarter worth about $1,006,387,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Teradyne by 0.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,978,124 shares of the company’s stock worth $957,096,000 after buying an additional 12,659 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Performance

NASDAQ TER opened at $345.49 on Thursday. The stock has a market capitalization of $54.01 billion, a P/E ratio of 47.39, a price-to-earnings-growth ratio of 0.68 and a beta of 1.75. Teradyne, Inc. has a 52 week low of $135.83 and a 52 week high of $487.91. The stock has a fifty day moving average of $377.45 and a 200-day moving average of $375.23.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.38. The business 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 for the quarter was up 103.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 earnings per share. Equities research analysts forecast that Teradyne, Inc. will post 9.11 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, September 4th. Teradyne’s payout ratio is currently 7.13%.

Analyst Ratings Changes

Several analysts have recently weighed in on TER shares. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 target price on shares of Teradyne in a report on Wednesday, July 29th. Wall Street Zen downgraded Teradyne from a “buy” rating to a “hold” rating in a report on Monday, September 28th. The Goldman Sachs Group restated a “buy” rating and set a $465.00 price target on shares of Teradyne in a research report on Tuesday, July 28th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $420.00 price target on shares of Teradyne in a report on Friday, August 21st. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $396.80.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Physical-AI partnership expands growth opportunity: Teradyne Robotics is partnering with Sereact to deploy AI-enabled robotic systems for difficult-to-automate retail and logistics tasks, including processing fashion returns. The collaboration could support adoption of Teradyne’s Universal Robots and Mobile Industrial Robots platforms. Teradyne Robotics and Sereact Partner to Scale Physical AI Solutions for Retail and Logistics
• Positive Sentiment: UBS sets a significantly higher price target: UBS reportedly established a $485 target for Teradyne, providing bullish support and signaling confidence in the company’s semiconductor-test and automation exposure. Teradyne Inc. stock: UBS sets USD 485.00 target pre-market
• Positive Sentiment: Strong earnings momentum raises expectations: Teradyne’s latest quarter significantly exceeded consensus estimates, with revenue up more than 100% year over year. Investors will look for continued strength in semiconductor test and robotics demand in the upcoming report. Teradyne stock: October 27 results put Teradyne stock to the test
• Neutral Sentiment: Analyst sentiment remains favorable but valuation is elevated: Teradyne has a consensus “Moderate Buy” rating and an average target of $396.80, although its high earnings multiple leaves the stock sensitive to any earnings or guidance disappointment.
• Negative Sentiment: Insider selling adds a modest cautionary signal: CEO Gregory Smith sold 4,000 shares worth approximately $1.37 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its significance, but it follows additional sales by the CEO.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the transaction, the chief executive officer directly owned 104,495 shares in the company, valued at approximately $35,662,053.60. This represents a 3.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 12,000 shares of company stock worth $4,416,440. Corporate insiders own 0.19% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.