Teradyne (NASDAQ:TER) Stock Rating Upgraded by Northland Capmk

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

Several other brokerages have also recently issued reports on TER. Stifel Nicolaus dropped their target price on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a report on Friday, October 25th. Northland Securities raised shares of Teradyne from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $117.00 to $154.00 in a report on Monday. StockNews.com upgraded Teradyne from a “sell” rating to a “hold” rating in a report on Sunday, October 27th. Evercore ISI lifted their price target on Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Finally, Craig Hallum decreased their price objective on Teradyne from $124.00 to $111.00 and set a “hold” rating for the company in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Teradyne has an average rating of “Moderate Buy” and an average target price of $150.33.

Teradyne Price Performance

Shares of TER stock opened at $137.15 on Monday. The company has a market capitalization of $22.34 billion, a P/E ratio of 43.54, a P/E/G ratio of 2.66 and a beta of 1.46. The company’s 50-day simple moving average is $117.34 and its two-hundred day simple moving average is $127.70. Teradyne has a one year low of $92.29 and a one year high of $163.21.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, topping 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 company 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. Teradyne’s quarterly revenue was up 4.8% on a year-over-year basis. On average, research analysts expect that Teradyne will post 3.17 EPS for the current fiscal year.

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

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.35%. Teradyne’s dividend payout ratio is currently 15.24%.

Insider Activity at Teradyne

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now owns 74,660 shares in the company, valued at approximately $9,705,800. This represents a 3.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.36% of the stock is owned by insiders.

Institutional Trading of Teradyne

Several institutional investors and hedge funds have recently bought and sold shares of TER. State Street Corp raised its holdings in shares of Teradyne by 5.4% during the third quarter. State Street Corp now owns 6,880,148 shares of the company’s stock worth $921,458,000 after purchasing an additional 350,002 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Teradyne by 1.3% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,603,123 shares of the company’s stock worth $682,597,000 after acquiring an additional 57,989 shares during the period. Geode Capital Management LLC raised its position in Teradyne by 5.5% during the third quarter. Geode Capital Management LLC now owns 4,011,131 shares of the company’s stock valued at $535,484,000 after acquiring an additional 209,868 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Teradyne by 6.3% in the third quarter. Van ECK Associates Corp now owns 3,082,064 shares of the company’s stock valued at $383,501,000 after acquiring an additional 183,721 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Teradyne by 18.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company’s stock worth $325,814,000 after purchasing an additional 374,522 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

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.