Glenmede Trust Co. NA Lowers Holdings in Teradyne, Inc. $TER

Glenmede Trust Co. NA trimmed its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 5.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,522 shares of the company’s stock after selling 7,605 shares during the period. Glenmede Trust Co. NA’s holdings in Teradyne were worth $38,695,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Teradyne in the 4th quarter worth approximately $28,000. McIlrath & Eck LLC purchased a new position in shares of Teradyne during the 1st quarter valued at approximately $30,000. CYBER HORNET ETFs LLC purchased a new position in shares of Teradyne during the 2nd quarter valued at approximately $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teradyne in the 4th quarter valued at $37,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in shares of Teradyne in the 4th quarter valued at $41,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TER. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Robert W. Baird set a $420.00 price objective on shares of Teradyne in a report on Thursday. Evercore reiterated an “outperform” rating and issued a $420.00 price objective on shares of Teradyne in a research report on Thursday. Weiss Ratings lowered shares of Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $465.00 target price on shares of Teradyne in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $396.80.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: AI demand produced record results: Teradyne reported second-quarter revenue of $1.33 billion, up 103.9% year over year and above the $1.22 billion analyst consensus. Adjusted earnings of $2.47 per share exceeded expectations of $2.09, while management tied the performance to rising demand for semiconductor testing associated with AI data centers, advanced chips and vehicles. TER Q2 Deep Dive: AI Demand Drives Growth Across Semiconductor Test and Robotics
• Positive Sentiment: Strong third-quarter outlook supports continued momentum: Teradyne’s projected third-quarter revenue midpoint of $1.25 billion was reportedly about 21% above analyst expectations. Increased wafer-fabrication investment, more complex chip designs and expanding memory opportunities are supporting demand for the company’s test systems. Teradyne Beats Q2 Expectations As AI Chip Demand Lifts Q3 Outlook
• Positive Sentiment: Robotics also contributed to growth: Teradyne Robotics revenue increased 33% year over year in the second quarter, adding diversification beyond semiconductor testing and reinforcing the company’s exposure to factory automation. Teradyne Robotics revenue rises 33% year over year in Q2
• Positive Sentiment: Analyst estimates and sentiment improved: Northland Securities raised its projected third- and fourth-quarter 2027 EPS to $2.05 and $1.86, respectively. Cantor Fitzgerald assigned an “Overweight” rating, while Morgan Stanley lifted its price target to $397 but retained an “Equal Weight” rating. Teradyne Earns Overweight Rating from Cantor Fitzgerald
• Neutral Sentiment: Investor consideration: The strong results have reinforced Teradyne’s AI-growth narrative, though the Morgan Stanley “Equal Weight” stance indicates that some analysts may view the improved outlook as largely reflected in the stock’s valuation.

Insider Activity

In other news, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction dated 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 $2,894,304. The trade was a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $423.03, for a total transaction of $1,692,120.00. Following the transaction, the chief executive officer owned 120,470 shares of the company’s stock, valued at approximately $50,962,424.10. This trade represents a 3.21% 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. Insiders have sold a total of 14,941 shares of company stock worth $5,444,112 over the last 90 days. 0.19% of the stock is currently owned by company insiders.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $367.69 on Friday. Teradyne, Inc. has a 1 year low of $102.42 and a 1 year high of $487.91. The firm has a market capitalization of $57.56 billion, a price-to-earnings ratio of 50.44, a price-to-earnings-growth ratio of 0.89 and a beta of 1.74. The business’s 50 day moving average price is $382.61 and its 200-day moving average price is $337.07.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm’s revenue for the quarter was up 103.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 EPS. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, sell-side analysts expect that Teradyne, Inc. will post 7.57 earnings per share for the current year.

Teradyne Increases Dividend

The business 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%. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is 7.13%.

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.