Boston Trust Walden Corp Sells 416,012 Shares of Teradyne, Inc. $TER

Boston Trust Walden Corp trimmed its holdings in Teradyne, Inc. (NASDAQ:TER) by 92.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,741 shares of the company’s stock after selling 416,012 shares during the period. Boston Trust Walden Corp’s holdings in Teradyne were worth $10,596,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Keybank National Association OH lifted its holdings in shares of Teradyne by 8.0% during the 1st quarter. Keybank National Association OH now owns 4,991 shares of the company’s stock valued at $1,480,000 after purchasing an additional 371 shares in the last quarter. Root Financial Partners LLC increased its stake in Teradyne by 172.0% during the 1st quarter. Root Financial Partners LLC now owns 816 shares of the company’s stock worth $242,000 after purchasing an additional 516 shares in the last quarter. Argent Advisors Inc. acquired a new stake in Teradyne during the 1st quarter worth approximately $217,000. IFM Investors Pty Ltd raised its holdings in Teradyne by 5.0% during the 1st quarter. IFM Investors Pty Ltd now owns 31,350 shares of the company’s stock worth $9,294,000 after buying an additional 1,490 shares during the period. Finally, XXEC Inc. lifted its stake in Teradyne by 133.9% in the first quarter. XXEC Inc. now owns 61,749 shares of the company’s stock valued at $18,306,000 after buying an additional 35,352 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Susquehanna raised its price target on Teradyne to a Street-high $550, citing stronger chip equipment spending expectations and AI-driven demand for advanced testing. Susquehanna Boosts Teradyne to a New Street High of $550 as It Lifts Chip Equipment Spending Forecast.
• Positive Sentiment: Another valuation update lifted Teradyne’s assessed fair value from $374.82 to $416.65, reflecting higher AI-related forecasts and improved expectations for semiconductor capex. Teradyne (TER) Stock Sees Fair Value Lift As Analysts Raise AI Driven Forecasts
• Positive Sentiment: Recent commentary also highlighted Teradyne’s strong run, with the stock gaining about 38% over three months on AI demand, acquisitions, and solid guidance. Should You Buy, Sell, or Hold TER Stock After a 38% Rise in 3 Months?
• Neutral Sentiment: Some market analysis says Teradyne still trades at a premium after its huge one-year rally, suggesting much of the AI automation optimism may already be reflected in the share price. Teradyne (TER) Stock Still Trades At A Premium Following AI Automation Expansion
• Negative Sentiment: Teradyne and other chip stocks sold off as the semiconductor sector weakened on fears that AI-driven chip demand may be cooling. KLA Corporation and Teradyne Stocks Trade Down, What You Need To Know
• Negative Sentiment: Broader semiconductor weakness led to a rough start to the quarter, contributing to pressure on TER alongside the sector’s two-day selloff. Chip Stocks Off to Rough Start in Third Quarter With 2-Day Skid
• Negative Sentiment: One bearish article argued TER is risky despite its rally, which may reinforce caution after the stock’s strong run. 3 Reasons TER is Risky and 1 Stock to Buy Instead

Analysts Set New Price Targets

Several research analysts have recently weighed in on TER shares. Morgan Stanley set a $387.00 price target on shares of Teradyne in a report on Thursday, April 30th. Citigroup boosted their price objective on shares of Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Robert W. Baird upped their target price on shares of Teradyne from $350.00 to $446.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Susquehanna increased their target price on Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a report on Tuesday. Finally, Evercore set a $370.00 price target on Teradyne in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $382.87.

Teradyne Price Performance

Shares of NASDAQ TER opened at $369.09 on Friday. The business’s 50 day moving average price is $386.59 and its two-hundred day moving average price is $316.48. Teradyne, Inc. has a twelve month low of $88.60 and a twelve month high of $487.91. The company has a market cap of $57.78 billion, a PE ratio of 68.35, a price-to-earnings-growth ratio of 1.07 and a beta of 1.74.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the business earned $0.75 earnings per share. The firm’s revenue for the quarter was up 87.0% on a year-over-year basis. As a group, research analysts anticipate that Teradyne, Inc. will post 7.2 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, May 21st. This is a boost from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio 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 shares were sold at an average price of $377.60, for a total transaction of $256,768.00. Following the completion of the sale, the vice president owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. This represents a 8.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of Teradyne stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the transaction, the insider directly owned 15,066 shares in the company, valued at $5,203,344.42. This trade represents a 6.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 14,941 shares of company stock worth $5,444,112. 0.19% of the stock is currently owned by corporate insiders.

Teradyne Company Profile

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.