Congress Asset Management Co. Sells 1,476 Shares of Teradyne, Inc. $TER

Congress Asset Management Co. reduced its position in Teradyne, Inc. (NASDAQ:TER) by 1.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 106,439 shares of the company’s stock after selling 1,476 shares during the period. Congress Asset Management Co.’s holdings in Teradyne were worth $42,673,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in TER. Central Pacific Bank Trust Division purchased a new stake in shares of Teradyne in the third quarter valued at $146,000. Silverleafe Capital Partners LLC purchased a new position in Teradyne during the third quarter worth about $969,000. Polaris Financial Partners acquired a new stake in Teradyne in the 3rd quarter worth about $113,000. GoalVest Advisory LLC grew its holdings in Teradyne by 7.9% in the 3rd quarter. GoalVest Advisory LLC now owns 8,890 shares of the company’s stock valued at $3,564,000 after buying an additional 654 shares during the period. Finally, Versant Capital Management Inc grew its holdings in Teradyne by 3.4% in the 3rd quarter. Versant Capital Management Inc now owns 1,776 shares of the company’s stock valued at $712,000 after buying an additional 59 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: New Titan HP platform targets AI data centers. Teradyne introduced Titan HP, a platform combining semiconductor testing and burn-in capabilities for advanced AI data-center devices. The system is designed to reduce testing costs and factory-floor requirements while helping customers accelerate production. Teradyne Introduces Titan HP Platform with Burn-In Capabilities for Advanced AI Data Center Devices
• Positive Sentiment: Bright Machines investment expands Teradyne’s AI manufacturing opportunity. Teradyne made a strategic investment in Bright Machines and plans to combine its robotics and automated-test technology with Bright Machines’ software-defined manufacturing platform. The partnership could benefit from rising demand to automate production of AI infrastructure, although financial terms were not disclosed. Teradyne Makes Strategic Investment in Bright Machines to Advance AI Infrastructure Manufacturing
• Positive Sentiment: AI-driven memory testing and robotics remain key growth catalysts. Recent coverage highlights strong demand tied to AI semiconductors, memory testing and physical robotics, alongside an upbeat third-quarter outlook. Teradyne’s Magnum E2 launch also adds to its product momentum. Teradyne Gains 130% YTD: Should You Hold or Fold the Stock?
• Neutral Sentiment: Recent trading has been volatile. Teradyne rose sharply earlier in October on AI-demand optimism but subsequently closed lower in the latest reported session, suggesting profit-taking and sensitivity to broader market sentiment. Teradyne Stock Declines While Market Improves
• Negative Sentiment: Valuation and competitive concerns are limiting enthusiasm. Analysts and market commentary point to Teradyne’s elevated valuation after its major year-to-date advance, as well as potential competition and margin pressure. Investors may be locking in gains while waiting for results to justify the stock’s higher expectations. Valuation and Risk Analysis

Teradyne Stock Down 3.2%

Shares of NASDAQ TER traded down $14.21 on Tuesday, hitting $430.32. The company had a trading volume of 2,009,652 shares, compared to its average volume of 3,556,781. Teradyne, Inc. has a 12-month low of $131.75 and a 12-month high of $487.91. The firm has a market capitalization of $67.28 billion, a P/E ratio of 59.03, a PEG ratio of 0.91 and a beta of 1.75. The business has a 50 day moving average of $377.28 and a two-hundred day moving average of $369.42.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.09 by $0.38. The firm 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%.Teradyne’s revenue for the quarter was up 103.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 EPS. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.11 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, September 4th. Teradyne’s payout ratio is presently 7.13%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on TER shares. Morgan Stanley boosted their target price on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. Susquehanna boosted their price objective on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Robert W. Baird restated a “neutral” rating and set a $420.00 price objective on shares of Teradyne in a report on Friday, August 21st. Finally, Zacks Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $396.80.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the completion of the sale, the chief executive officer directly owned 108,495 shares of the company’s stock, valued at approximately $36,652,865.85. This trade represents a 3.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.19% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.