Wedmont Private Capital Sells 692 Shares of Teradyne, Inc. $TER

Wedmont Private Capital trimmed its holdings in Teradyne, Inc. (NASDAQ:TER) by 21.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,510 shares of the company’s stock after selling 692 shares during the quarter. Wedmont Private Capital’s holdings in Teradyne were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Teradyne by 2.5% in the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company’s stock valued at $1,728,176,000 after acquiring an additional 516,332 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Teradyne by 4.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,957,049 shares of the company’s stock valued at $244,252,000 after acquiring an additional 131,152 shares during the period. Invesco Ltd. boosted its position in shares of Teradyne by 16.1% in the first quarter. Invesco Ltd. now owns 2,790,898 shares of the company’s stock valued at $230,528,000 after acquiring an additional 387,705 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Teradyne by 3.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,466,122 shares of the company’s stock valued at $203,726,000 after acquiring an additional 75,226 shares during the period. Finally, ARK Investment Management LLC boosted its position in shares of Teradyne by 16.7% in the first quarter. ARK Investment Management LLC now owns 2,243,590 shares of the company’s stock valued at $185,321,000 after acquiring an additional 320,580 shares during the period. 99.77% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $115.00, for a total value of $63,710.00. Following the completion of the sale, the chief executive officer directly owned 96,439 shares in the company, valued at approximately $11,090,485. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 1,662 shares of company stock worth $181,008 over the last three months. 0.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Morgan Stanley raised Teradyne from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $74.00 to $100.00 in a research report on Thursday, July 31st. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $85.00 target price on shares of Teradyne in a research report on Wednesday, July 30th. Stifel Nicolaus raised their target price on Teradyne from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Thursday, July 31st. UBS Group reaffirmed a “buy” rating and issued a $130.00 target price (up from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Finally, Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.44.

Teradyne Stock Performance

Shares of NASDAQ TER opened at $119.85 on Monday. The stock has a market cap of $19.06 billion, a PE ratio of 41.47, a PEG ratio of 2.52 and a beta of 1.80. The business has a fifty day moving average of $108.33 and a two-hundred day moving average of $91.73. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The company had revenue of $651.80 million during the quarter, compared to analysts’ expectations of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The business’s revenue was down 10.7% on a year-over-year basis. During the same period last year, the business earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 5th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. Teradyne’s dividend payout ratio (DPR) is presently 16.61%.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.