Teradyne, Inc. (TER) To Go Ex-Dividend on May 21st

Teradyne, Inc. (NASDAQ:TER) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.13 per share on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 21st. This is a 8.3% increase from Teradyne’s previous quarterly dividend of $0.12.

Teradyne has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Teradyne has a payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Teradyne to earn $9.31 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 5.6%.

Teradyne Stock Up 1.6%

Shares of TER stock opened at $359.77 on Friday. The stock has a market cap of $56.32 billion, a price-to-earnings ratio of 66.62, a price-to-earnings-growth ratio of 1.46 and a beta of 1.79. The firm’s 50 day moving average price is $331.51 and its two-hundred day moving average price is $255.33. Teradyne has a fifty-two week low of $75.99 and a fifty-two week high of $422.11.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The business had revenue of $1.28 billion during 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 revenue was up 87.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, equities analysts forecast that Teradyne will post 7.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Teradyne

Several hedge funds and other institutional investors have recently bought and sold shares of TER. ARK Investment Management LLC increased its holdings in shares of Teradyne by 25.2% in the 3rd quarter. ARK Investment Management LLC now owns 2,722,327 shares of the company’s stock valued at $374,701,000 after purchasing an additional 548,140 shares during the period. Nordea Investment Management AB grew its stake in shares of Teradyne by 656.4% in the 4th quarter. Nordea Investment Management AB now owns 125,312 shares of the company’s stock valued at $24,554,000 after buying an additional 108,745 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Teradyne by 9.2% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,120 shares of the company’s stock valued at $12,542,000 after buying an additional 7,648 shares in the last quarter. Aspen Wealth Strategies LLC bought a new stake in shares of Teradyne in the 3rd quarter valued at approximately $577,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Teradyne by 3,233.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company’s stock valued at $176,144,000 after buying an additional 882,723 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

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.