Teradyne (NASDAQ:TER) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Teradyne (NASDAQ:TER) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports. Northland Capmk also issued estimates for Teradyne’s FY2026 earnings at $6.15 EPS.

A number of other brokerages have also commented on TER. Evercore ISI lifted their price target on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Stifel Nicolaus cut their price objective on Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a report on Friday, October 25th. Robert W. Baird dropped their target price on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $145.00 to $158.00 in a research note on Monday, December 16th. Finally, Craig Hallum cut their target price on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating for the company in a research report on Friday, October 25th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $150.33.

Teradyne Stock Down 1.2 %

NASDAQ:TER opened at $137.15 on Monday. The stock has a market cap of $22.34 billion, a price-to-earnings ratio of 43.54, a PEG ratio of 2.66 and a beta of 1.46. The company’s 50 day moving average price is $117.34 and its 200-day moving average price is $127.70. Teradyne has a 52 week low of $92.29 and a 52 week high of $163.21.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same period last year, the business posted $0.80 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Teradyne will post 3.17 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, November 25th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.35%. The ex-dividend date was Monday, November 25th. Teradyne’s dividend payout ratio is currently 15.24%.

Teradyne announced that its Board of Directors has initiated a share repurchase plan on Monday, November 11th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to repurchase up to 0.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at $9,705,800. This represents a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On Teradyne

A number of hedge funds have recently bought and sold shares of TER. Whittier Trust Co. raised its holdings in Teradyne by 10.2% during the 3rd quarter. Whittier Trust Co. now owns 950 shares of the company’s stock valued at $127,000 after buying an additional 88 shares during the period. Wealth Alliance lifted its stake in Teradyne by 3.3% in the second quarter. Wealth Alliance now owns 3,044 shares of the company’s stock worth $451,000 after purchasing an additional 98 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Teradyne by 10.2% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock valued at $149,000 after buying an additional 103 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Teradyne by 1.7% during the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Teradyne by 3.1% during the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after buying an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

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.