First Citizens Bank & Trust Co. Acquires New Stake in Teradyne, Inc. $TER

First Citizens Bank & Trust Co. acquired a new position in Teradyne, Inc. (NASDAQ:TER) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,863 shares of the company’s stock, valued at approximately $1,148,000.

Several other large investors have also recently bought and sold shares of TER. Community Financial Services Group LLC bought a new position in Teradyne in the 2nd quarter valued at $29,000. McIlrath & Eck LLC acquired a new stake in shares of Teradyne in the 1st quarter valued at $30,000. Elevation Wealth Partners LLC increased its stake in shares of Teradyne by 1,320.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock valued at $34,000 after buying an additional 66 shares during the period. Mcdonald Partners LLC bought a new stake in shares of Teradyne during the second quarter worth $36,000. Finally, Hilltop National Bank bought a new stake in shares of Teradyne during the second quarter worth $41,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne launched the UltraFLEXplus S, a 24-slot automated test platform designed for high-mix production and complex edge-AI chips used in automotive, industrial, and consumer applications. The product expands Teradyne’s opportunity in the growing AI semiconductor testing market. Semicon West 2026: Teradyne launches edge AI automated test platform
• Positive Sentiment: The company also highlighted a broad technology collaboration with FormFactor, including a reported $300 million Teradyne equity investment. The partnership is intended to connect wafer-level and semiconductor test capabilities, potentially strengthening Teradyne’s position across advanced packaging and AI-chip workflows. Is Teradyne Using Edge AI Test Expansion To Redefine Its Long-Term Competitive Moat?
• Neutral Sentiment: Teradyne received TÜV Rheinland North America’s 2026 Safety and Sustainability Leadership Award. The recognition supports the company’s corporate reputation but is unlikely to materially affect near-term earnings or valuation. TÜV Rheinland Honors Teradyne
• Neutral Sentiment: Teradyne will report third-quarter 2026 results on October 27 after the market closes. Investors are likely to focus on semiconductor-test demand, AI-related growth, robotics performance, and whether earnings can support the stock’s elevated valuation. Teradyne to Announce Third Quarter 2026 Results
• Negative Sentiment: Hotter-than-expected inflation triggered broader selling in semiconductor and AI-infrastructure stocks, including Teradyne, as investors worried that higher borrowing costs could reduce or delay AI capital spending. FormFactor, Teradyne, Applied Materials, AMD, and Intel Shares Plummet
• Negative Sentiment: Analysts and investors are questioning whether Teradyne’s strong multiyear rally has already priced in much of its AI growth. A high earnings multiple increases the risk of further weakness if upcoming results or guidance do not exceed elevated expectations. Is Teradyne Too Expensive For Its Earnings Power?
• Negative Sentiment: Director Gregory Smith disclosed plans to sell 4,000 Teradyne shares valued at approximately $1.37 million. The planned insider sale may add modest pressure, although it does not necessarily indicate deteriorating business prospects. Teradyne’s Gregory Smith to Sell Shares

Insider Activity

In other news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the completion of the transaction, the chief executive officer directly owned 108,495 shares in the company, valued at approximately $36,652,865.85. The trade was a 3.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Zacks Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. The Goldman Sachs Group reiterated a “buy” rating and issued a $465.00 price objective on shares of Teradyne in a research report on Tuesday, July 28th. Bank of America lifted their price objective on Teradyne from $365.00 to $525.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Evercore reissued an “outperform” rating and set a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Teradyne has a consensus rating of “Moderate Buy” and an average target price of $396.80.

Teradyne Stock Down 4.5%

Shares of Teradyne stock opened at $343.21 on Friday. Teradyne, Inc. has a 12 month low of $135.83 and a 12 month high of $487.91. The business has a fifty day simple moving average of $381.14 and a 200 day simple moving average of $374.19. The stock has a market cap of $53.66 billion, a PE ratio of 47.08, a price-to-earnings-growth ratio of 0.73 and a beta of 1.75.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The firm’s revenue was up 103.9% on a year-over-year basis. Analysts expect that Teradyne, Inc. will post 9.11 EPS for the current fiscal year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is 7.13%.

Teradyne Profile

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.