Teradyne (NASDAQ:TER) Earns "Sector Weight" Rating from KeyCorp

KeyCorp restated their sector weight rating on shares of Teradyne (NASDAQ:TER - Free Report) in a report released on Thursday, Marketbeat.com reports. KeyCorp also issued estimates for Teradyne's Q1 2025 earnings at $0.63 EPS, Q2 2025 earnings at $0.57 EPS and FY2026 earnings at $4.96 EPS.

A number of other equities research analysts also recently commented on TER. Robert W. Baird lowered their price objective on Teradyne from $140.00 to $110.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. JPMorgan Chase & Co. cut their price objective on shares of Teradyne from $145.00 to $120.00 and set an "overweight" rating on the stock in a report on Wednesday, March 12th. Susquehanna decreased their target price on shares of Teradyne from $165.00 to $155.00 and set a "positive" rating on the stock in a research report on Wednesday, March 12th. Citigroup dropped their price target on shares of Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Finally, Vertical Research began coverage on shares of Teradyne in a report on Friday, March 7th. They issued a "buy" rating and a $135.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Teradyne has an average rating of "Moderate Buy" and a consensus price target of $118.94.

Teradyne Trading Down 0.0 %

Shares of NASDAQ:TER traded down $0.02 during midday trading on Thursday, hitting $71.14. 3,055,745 shares of the stock were exchanged, compared to its average volume of 2,560,097. Teradyne has a twelve month low of $65.77 and a twelve month high of $163.21. The company has a 50 day moving average price of $92.22 and a 200-day moving average price of $110.85. The stock has a market cap of $11.44 billion, a P/E ratio of 21.36, a PEG ratio of 2.83 and a beta of 1.65.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, equities research analysts expect that Teradyne will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.67%. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Insider Activity at Teradyne

In other news, insider Richard John Burns sold 407 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the sale, the insider now directly owns 20,764 shares in the company, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $215,592.39. Following the sale, the chief financial officer now directly owns 33,308 shares in the company, valued at approximately $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,399 shares of company stock valued at $612,734 over the last ninety days. Corporate insiders own 0.36% of the company's stock.

Institutional Trading of Teradyne

Institutional investors and hedge funds have recently modified their holdings of the business. Van ECK Associates Corp boosted its stake in Teradyne by 59.9% in the fourth quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company's stock valued at $620,552,000 after acquiring an additional 1,846,079 shares during the period. Proficio Capital Partners LLC acquired a new position in Teradyne during the 4th quarter valued at approximately $12,118,000. Franklin Resources Inc. grew its stake in Teradyne by 30.5% during the 3rd quarter. Franklin Resources Inc. now owns 88,879 shares of the company's stock worth $11,878,000 after buying an additional 20,762 shares during the last quarter. Empowered Funds LLC lifted its stake in Teradyne by 16.2% in the fourth quarter. Empowered Funds LLC now owns 30,269 shares of the company's stock valued at $3,811,000 after buying an additional 4,212 shares during the last quarter. Finally, Boston Trust Walden Corp boosted its holdings in shares of Teradyne by 3.3% during the fourth quarter. Boston Trust Walden Corp now owns 408,177 shares of the company's stock valued at $51,398,000 after acquiring an additional 13,020 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Company 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.