Fideuram Asset Management Ireland dac Invests $25.87 Million in Teradyne, Inc. $TER

Fideuram Asset Management Ireland dac bought a new position in Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 133,651 shares of the company’s stock, valued at approximately $25,869,000. Teradyne comprises 1.9% of Fideuram Asset Management Ireland dac’s investment portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in TER. Wellington Management Group LLP grew its holdings in shares of Teradyne by 13,949.4% in the third quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock worth $280,357,000 after purchasing an additional 2,022,389 shares during the last quarter. Alkeon Capital Management LLC grew its holdings in shares of Teradyne by 48.6% in the third quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock worth $395,427,000 after purchasing an additional 940,000 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Teradyne by 3,233.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company’s stock worth $176,144,000 after purchasing an additional 882,723 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of Teradyne by 65.4% in the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after purchasing an additional 856,540 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Teradyne by 60.1% in the second quarter. Bank of America Corp DE now owns 2,082,945 shares of the company’s stock worth $187,298,000 after purchasing an additional 781,517 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In related news, VP Ryan Driscoll sold 680 shares of Teradyne stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the sale, the vice president owned 7,665 shares in the company, valued at $2,894,304. The trade was a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of Teradyne stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $355.00, for a total transaction of $232,880.00. Following the completion of the sale, the insider owned 15,722 shares in the company, valued at approximately $5,581,310. This trade represents a 4.01% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 10,941 shares of company stock worth $3,751,992 over the last quarter. Corporate insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price on the stock in a report on Thursday, April 30th. Susquehanna raised 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. Weiss Ratings upgraded shares of Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Evercore set a $370.00 target price on shares of Teradyne in a report on Thursday, April 30th. Finally, Northland Securities reiterated a “market perform” rating and issued a $270.00 price target on shares of Teradyne in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $339.80.

Teradyne Stock Up 1.8%

NASDAQ:TER opened at $382.65 on Friday. The stock has a market cap of $59.90 billion, a P/E ratio of 70.86, a price-to-earnings-growth ratio of 1.55 and a beta of 1.79. The firm’s fifty day simple moving average is $346.87 and its 200 day simple moving average is $275.75. Teradyne, Inc. has a twelve month low of $77.02 and a twelve month high of $422.11.

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

Teradyne Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a 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%.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
• Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy “Sell in May and Go Away” Adage
• Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage

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.