Parallel Advisors LLC Has $112,000 Stake in Teradyne, Inc. $TER

Parallel Advisors LLC trimmed its holdings in Teradyne, Inc. (NASDAQ:TER) by 30.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,243 shares of the company’s stock after selling 540 shares during the period. Parallel Advisors LLC’s holdings in Teradyne were worth $112,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Federated Hermes Inc. increased its stake in shares of Teradyne by 188.8% during the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company’s stock worth $173,943,000 after purchasing an additional 1,376,631 shares during the period. AQR Capital Management LLC grew its position in Teradyne by 1,612.4% during the 1st quarter. AQR Capital Management LLC now owns 1,404,752 shares of the company’s stock worth $113,251,000 after acquiring an additional 1,322,716 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Teradyne by 224.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,851,684 shares of the company’s stock worth $152,949,000 after acquiring an additional 1,280,120 shares during the last quarter. American Century Companies Inc. grew its position in Teradyne by 124.3% during the 1st quarter. American Century Companies Inc. now owns 1,120,250 shares of the company’s stock worth $92,533,000 after acquiring an additional 620,918 shares during the last quarter. Finally, Woodline Partners LP grew its position in Teradyne by 27,928.3% during the 1st quarter. Woodline Partners LP now owns 609,896 shares of the company’s stock worth $50,377,000 after acquiring an additional 607,720 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Performance

Shares of NASDAQ TER opened at $134.68 on Wednesday. The stock has a market cap of $21.42 billion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 2.84 and a beta of 1.80. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $144.16. The stock has a fifty day moving average of $109.96 and a 200-day moving average of $92.21.

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

Teradyne Dividend Announcement

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

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of Teradyne stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $115.00, for a total transaction of $63,710.00. Following the completion of the sale, the chief executive officer owned 96,439 shares of the company’s stock, valued at $11,090,485. The trade was a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 1,662 shares of company stock worth $181,008 over the last three months. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TER. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the stock an “overweight” rating in a research report on Tuesday, June 24th. Susquehanna lifted their target price on Teradyne from $133.00 to $200.00 and gave the stock a “positive” rating in a report on Monday. Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Cowen reissued a “buy” rating on shares of Teradyne in a research note on Wednesday, July 30th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $102.00 price target (up previously from $88.00) on shares of Teradyne in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $118.63.

About Teradyne

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.