Teradyne, Inc. $TER Stock Holdings Reduced by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 87.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,353 shares of the company’s stock after selling 99,713 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Teradyne were worth $5,754,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carolina Wealth Advisors LLC boosted its position in shares of Teradyne by 42.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock worth $55,000 after purchasing an additional 34 shares in the last quarter. Purus Wealth Management LLC grew its stake in shares of Teradyne by 0.3% in the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock valued at $4,468,000 after buying an additional 35 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of Teradyne by 1.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock valued at $778,000 after buying an additional 35 shares during the period. Vestor Capital LLC grew its stake in shares of Teradyne by 15.4% in the 1st quarter. Vestor Capital LLC now owns 285 shares of the company’s stock valued at $85,000 after buying an additional 38 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its position in Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock valued at $352,000 after buying an additional 40 shares in the last quarter. 99.77% of the stock is owned by institutional investors.

Teradyne Stock Performance

Shares of TER opened at $309.00 on Tuesday. The stock has a 50 day moving average price of $372.26 and a two-hundred day moving average price of $346.76. The firm has a market capitalization of $48.31 billion, a P/E ratio of 42.39, a P/E/G ratio of 0.62 and a beta of 1.75. Teradyne, Inc. has a 52 week low of $144.11 and a 52 week high of $487.91.

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

Teradyne Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on TER shares. Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday. Susquehanna raised their price objective on Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald restated an “overweight” rating and set a $550.00 price objective on shares of Teradyne in a report on Wednesday, July 29th. Finally, Zacks Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: UBS maintained a $485 price target for Teradyne, indicating continued confidence in the company’s long-term growth prospects and substantial potential upside from recent trading levels. UBS maintains USD 485.00 target for Teradyne stock
• Positive Sentiment: Teradyne was identified as one of several beaten-down growth stocks trading at value-like levels. The article highlights potential opportunities tied to robotics, artificial intelligence and advanced semiconductor testing, which could attract investors seeking discounted growth exposure. 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
• Neutral Sentiment: Teradyne’s third-quarter results are scheduled for October 27. Investors will likely focus on semiconductor test demand, robotics growth, margins and management’s outlook. The report may produce significant volatility because expectations are elevated following the company’s strong prior-quarter revenue and earnings performance. Teradyne earnings preview
• Neutral Sentiment: Reported October short interest was zero shares, implying no measurable bearish short positioning. However, the article’s reference to a “significant increase” conflicts with the reported figure, so the data may be incomplete or erroneous. Teradyne short interest data
• Negative Sentiment: The stock has pulled back despite strong growth, partly as investor cash has rotated toward mega-cap companies. That relative weakness may continue if Teradyne’s earnings or outlook fail to exceed already-strong expectations. Growth stock market rotation article

Insider Transactions at Teradyne

In related news, CEO Gregory Smith sold 4,000 shares of the company’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the sale, the chief executive officer owned 104,495 shares in the company, valued at approximately $35,662,053.60. This represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,000 shares of company stock worth $4,416,440 in the last ninety days. Corporate insiders own 0.19% of the company’s stock.

Teradyne Profile

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.