Illinois Municipal Retirement Fund Has $14.30 Million Stock Position in Teradyne, Inc. $TER

Illinois Municipal Retirement Fund lowered its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 15.8% during the third quarter, Holdings Channel reports. The firm owned 103,883 shares of the company’s stock after selling 19,562 shares during the period. Illinois Municipal Retirement Fund’s holdings in Teradyne were worth $14,298,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TER. Bank of Nova Scotia raised its position in shares of Teradyne by 546.5% in the second quarter. Bank of Nova Scotia now owns 98,254 shares of the company’s stock valued at $8,835,000 after purchasing an additional 83,055 shares during the period. Thrivent Financial for Lutherans grew its stake in Teradyne by 291.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 24,995 shares of the company’s stock valued at $2,247,000 after buying an additional 18,612 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Teradyne by 9.2% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,120 shares of the company’s stock worth $12,542,000 after acquiring an additional 7,648 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in Teradyne during the third quarter valued at about $895,000. Finally, Teacher Retirement System of Texas grew its position in shares of Teradyne by 61.0% in the third quarter. Teacher Retirement System of Texas now owns 39,513 shares of the company’s stock valued at $5,439,000 after purchasing an additional 14,969 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the completion of the transaction, the chief executive officer directly owned 93,409 shares in the company, valued at $18,804,165.79. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.16% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Royal Bank Of Canada set a $270.00 price target on Teradyne in a report on Monday, February 2nd. Morgan Stanley set a $306.00 target price on shares of Teradyne in a research report on Wednesday. Evercore increased their price target on shares of Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Vertical Research lowered shares of Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a research report on Friday, January 9th. Finally, UBS Group upped their price objective on shares of Teradyne from $200.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $256.24.

Teradyne Stock Performance

Shares of TER stock opened at $311.03 on Friday. The firm has a fifty day moving average of $227.27 and a 200-day moving average of $169.51. The stock has a market cap of $48.71 billion, a price-to-earnings ratio of 89.38, a P/E/G ratio of 1.99 and a beta of 1.83. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $327.99.

Teradyne (NASDAQ:TER) last posted its earnings results on Monday, February 2nd. The company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Teradyne has set its Q1 2026 guidance at 1.890-2.250 EPS. On average, sell-side analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, February 13th. Teradyne’s dividend payout ratio (DPR) is 13.79%.

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.