Cibc World Market Inc. Boosts Stake in Teradyne, Inc. $TER

Cibc World Market Inc. lifted its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 68.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,466 shares of the company’s stock after buying an additional 16,916 shares during the period. Cibc World Market Inc.’s holdings in Teradyne were worth $5,707,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in shares of Teradyne by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock valued at $442,413,000 after acquiring an additional 143,058 shares during the last quarter. Federated Hermes Inc. lifted its position in Teradyne by 79.7% during the second quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock valued at $340,353,000 after purchasing an additional 1,679,215 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Teradyne by 11.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after purchasing an additional 354,876 shares during the last quarter. Primecap Management Co. CA grew its position in Teradyne by 58.6% in the 2nd quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock worth $274,036,000 after purchasing an additional 1,125,868 shares during the period. Finally, Invesco Ltd. raised its stake in Teradyne by 2.5% during the 2nd quarter. Invesco Ltd. now owns 2,859,466 shares of the company’s stock valued at $257,123,000 after buying an additional 68,568 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.31, for a total value of $223,051.48. Following the completion of the transaction, the chief executive officer owned 93,409 shares of the company’s stock, valued at $18,804,165.79. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

Teradyne Trading Up 1.2%

Teradyne stock opened at $314.66 on Friday. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $327.99. The firm has a market capitalization of $49.28 billion, a price-to-earnings ratio of 90.42, a P/E/G ratio of 1.95 and a beta of 1.83. The firm has a 50 day moving average of $229.55 and a 200 day moving average of $171.63.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Monday, February 2nd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The company’s revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.95 earnings per share. Teradyne has set its Q1 2026 guidance at 1.890-2.250 EPS. On average, analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, February 13th. Teradyne’s payout ratio is presently 13.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on TER shares. Morgan Stanley set a $306.00 price target on Teradyne in a research note on Wednesday. Stifel Nicolaus set a $325.00 target price on Teradyne in a research report on Wednesday, February 4th. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. The Goldman Sachs Group increased their price objective on shares of Teradyne from $230.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Finally, Royal Bank Of Canada set a $270.00 target price on shares of Teradyne in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.24.

Teradyne Company Profile

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.