QRG Capital Management Inc. Lowers Position in Teradyne, Inc. $TER

QRG Capital Management Inc. reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 70.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,213 shares of the company’s stock after selling 49,623 shares during the period. QRG Capital Management Inc.’s holdings in Teradyne were worth $4,106,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TER. Van Berkom & Associates Inc. purchased a new position in Teradyne during the fourth quarter worth about $194,000. Gouws Capital LLC increased its position in shares of Teradyne by 96.0% during the fourth quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock valued at $2,966,000 after acquiring an additional 7,505 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Teradyne in the 4th quarter valued at approximately $310,000. Robocap Asset Management Ltd purchased a new stake in shares of Teradyne in the 4th quarter valued at approximately $5,303,000. Finally, Strs Ohio lifted its holdings in shares of Teradyne by 1,428.0% in the 4th quarter. Strs Ohio now owns 58,751 shares of the company’s stock worth $11,372,000 after acquiring an additional 54,906 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of TER opened at $382.33 on Thursday. The stock has a 50-day simple moving average of $331.01 and a 200-day simple moving average of $253.81. The stock has a market capitalization of $59.85 billion, a PE ratio of 70.80, a PEG ratio of 1.47 and a beta of 1.79. Teradyne, Inc. has a 1 year low of $73.11 and a 1 year high of $422.11.

Teradyne (NASDAQ:TER) last released its earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The firm 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 business’s quarterly revenue was up 87.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. Analysts predict that Teradyne, Inc. will post 7.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective for the company in a research report on Thursday, April 30th. Zacks Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Robert W. Baird set a $350.00 price target on Teradyne in a research report on Thursday, April 30th. Cantor Fitzgerald lifted their price objective on Teradyne from $330.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus target price of $339.80.

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.