Prudential PLC Has $2.03 Million Position in Teradyne, Inc. $TER

Prudential PLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 18.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,468 shares of the company’s stock after buying an additional 1,617 shares during the quarter. Prudential PLC’s holdings in Teradyne were worth $2,026,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Deseret Mutual Benefit Administrators increased its position in shares of Teradyne by 8.6% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,322 shares of the company’s stock worth $256,000 after purchasing an additional 105 shares during the period. Vise Technologies Inc. grew its stake in Teradyne by 123.1% during the fourth quarter. Vise Technologies Inc. now owns 3,435 shares of the company’s stock worth $665,000 after buying an additional 1,895 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Teradyne by 2.2% during the fourth quarter. Daiwa Securities Group Inc. now owns 28,281 shares of the company’s stock worth $5,474,000 after buying an additional 621 shares in the last quarter. Cibc World Market Inc. increased its holdings in Teradyne by 7.7% in the 4th quarter. Cibc World Market Inc. now owns 44,658 shares of the company’s stock valued at $8,644,000 after buying an additional 3,192 shares during the period. Finally, Sivia Capital Partners LLC raised its position in shares of Teradyne by 55.4% in the 4th quarter. Sivia Capital Partners LLC now owns 2,681 shares of the company’s stock valued at $519,000 after buying an additional 956 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $357.93 on Monday. Teradyne, Inc. has a 52-week low of $82.90 and a 52-week high of $422.11. The company has a market capitalization of $56.03 billion, a PE ratio of 66.28, a price-to-earnings-growth ratio of 1.47 and a beta of 1.79. The company has a fifty day moving average of $356.27 and a 200-day moving average of $284.65.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the company posted $0.75 EPS. Teradyne’s quarterly revenue was up 87.0% compared to the same quarter last year. On average, equities analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date is Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is presently 9.63%.

Insider Activity

In other news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the transaction, the vice president owned 7,665 shares of the company’s stock, valued at $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 8,597 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the completion of the transaction, the chief executive officer owned 124,470 shares of the company’s stock, valued at approximately $42,192,840.60. This trade represents a 6.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,941 shares of company stock valued at $3,751,992 over the last quarter. 0.19% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Evercore set a $370.00 price objective on shares of Teradyne in a research report on Thursday, April 30th. Robert W. Baird set a $350.00 price target on Teradyne in a report on Thursday, April 30th. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research note on Thursday, April 30th. Stifel Nicolaus lifted their target price on Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Susquehanna increased their target price on shares of Teradyne from $335.00 to $415.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $339.80.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne is being highlighted as a beneficiary of surging AI-driven test and robotics demand, with one article noting that roughly 70% of sales are tied to AI-related activity across semiconductor test, product test, and robotics. That suggests improving growth visibility and a potential long-term tailwind for the business. Article Title
• Positive Sentiment: Zacks and other industry outlook pieces point to Teradyne as one of several electronics stocks set to benefit from investments in infrastructure and expanded capacity, reinforcing a favorable sector backdrop. Article Title
• Positive Sentiment: Another industry roundup highlighted Teradyne alongside KLA and Flex, signaling continued analyst attention on the company as a leader in semiconductor equipment and testing. Article Title
• Neutral Sentiment: A Q1 earnings comparison article reviewed Teradyne’s results versus peers, following its recent report that beat expectations and showed strong year-over-year revenue growth. This keeps focus on fundamentals, but the piece itself does not appear to add a new catalyst. Article Title
• Negative Sentiment: Teradyne was also caught in a broad chip-sector selloff tied to the AVGO earnings overhang and a stronger-than-expected jobs report, which pressured semiconductor names across the market and weighed on TER sentiment in the near term. Article Title

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.