K.J. Harrison & Partners Inc lifted its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 89.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 18,900 shares of the company’s stock after purchasing an additional 8,900 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Teradyne were worth $3,658,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in Teradyne in the 3rd quarter worth $31,000. Davidson Capital Management Inc. purchased a new position in shares of Teradyne in the third quarter valued at about $31,000. CYBER HORNET ETFs LLC purchased a new position in shares of Teradyne in the second quarter valued at about $35,000. Hemington Wealth Management grew its position in shares of Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teradyne in the fourth quarter worth $37,000. 99.77% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
TER has been the subject of a number of recent research reports. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price for the company in a report on Thursday, April 30th. Evercore set a $370.00 target price on Teradyne in a research report on Thursday, April 30th. Cantor Fitzgerald increased their price target on Teradyne from $330.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Zacks Research downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Stifel Nicolaus increased their price objective on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $339.80.
Teradyne Trading Up 7.1%
Teradyne stock opened at $382.33 on Thursday. The firm has a market cap of $59.85 billion, a PE ratio of 70.80, a P/E/G ratio of 1.47 and a beta of 1.79. Teradyne, Inc. has a 12 month low of $73.11 and a 12 month high of $422.11. The stock’s 50 day simple moving average is $331.01 and its two-hundred day simple moving average is $253.81.
Teradyne (NASDAQ:TER – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share (EPS) 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 analyst estimates of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The company’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 earnings per share. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, equities research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current year.
Teradyne 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.
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