OVERSEA CHINESE BANKING Corp Ltd Reduces Stock Position in Teradyne, Inc. $TER

OVERSEA CHINESE BANKING Corp Ltd cut its stake in Teradyne, Inc. (NASDAQ:TER) by 3.6% in the second quarter, Holdings Channel.com reports. The firm owned 404,735 shares of the company’s stock after selling 14,986 shares during the quarter. Teradyne makes up approximately 1.0% of OVERSEA CHINESE BANKING Corp Ltd’s investment portfolio, making the stock its 22nd biggest position. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Teradyne were worth $36,394,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Teradyne by 2.5% in the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company’s stock valued at $1,728,176,000 after purchasing an additional 516,332 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Teradyne by 26.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company’s stock worth $286,634,000 after acquiring an additional 652,175 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in Teradyne by 4.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company’s stock worth $244,252,000 after acquiring an additional 131,152 shares during the period. Invesco Ltd. grew its position in Teradyne by 16.1% in the first quarter. Invesco Ltd. now owns 2,790,898 shares of the company’s stock worth $230,528,000 after acquiring an additional 387,705 shares during the period. Finally, ARK Investment Management LLC grew its position in Teradyne by 16.7% in the first quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company’s stock worth $185,321,000 after acquiring an additional 320,580 shares during the period. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction on Friday, October 10th. The stock was sold at an average price of $145.24, for a total value of $160,925.92. Following the completion of the transaction, the chief executive officer directly owned 94,777 shares in the company, valued at approximately $13,765,411.48. This trade represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 3,324 shares of company stock valued at $411,954 in the last ninety days. Company insiders own 0.16% of the company’s stock.

Teradyne Trading Down 0.5%

NASDAQ:TER opened at $144.28 on Monday. The firm has a market cap of $22.95 billion, a PE ratio of 49.92, a price-to-earnings-growth ratio of 3.02 and a beta of 1.82. The stock has a fifty day moving average price of $127.84 and a 200 day moving average price of $101.30. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $150.71.

Teradyne (NASDAQ:TER) last released its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The firm had revenue of $651.80 million during the quarter, compared to analyst estimates of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.Teradyne’s revenue was down 10.7% compared to the same quarter last year. During the same period last year, the business posted $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.12 dividend. The ex-dividend date was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Teradyne’s dividend payout ratio (DPR) is 16.61%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TER. The Goldman Sachs Group increased their price objective on Teradyne from $85.00 to $130.00 and gave the stock a “sell” rating in a research report on Thursday, October 9th. Northland Securities set a $161.00 price target on Teradyne in a research note on Tuesday, October 7th. Morgan Stanley upped their price target on Teradyne from $100.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Susquehanna upped their price target on Teradyne from $133.00 to $200.00 and gave the stock a “positive” rating in a research note on Monday, September 22nd. Finally, Wall Street Zen upgraded Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $128.43.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.