Public Sector Pension Investment Board Has $22.80 Million Stock Position in Teradyne, Inc. $TER

Public Sector Pension Investment Board raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 996.9% in the third quarter, Holdings Channel reports. The institutional investor owned 165,626 shares of the company’s stock after buying an additional 150,527 shares during the quarter. Public Sector Pension Investment Board’s holdings in Teradyne were worth $22,797,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Teradyne during the 2nd quarter valued at $152,854,000. Federated Hermes Inc. raised its position in shares of 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 buying an additional 1,679,215 shares during the last quarter. Amundi lifted its stake in shares of Teradyne by 255.3% in the second quarter. Amundi now owns 1,812,001 shares of the company’s stock valued at $170,654,000 after buying an additional 1,302,025 shares during the period. Primecap Management Co. CA lifted its stake in shares of Teradyne by 58.6% in the second quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock valued at $274,036,000 after buying an additional 1,125,868 shares during the period. Finally, Rafferty Asset Management LLC grew its position in Teradyne by 65.4% during the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after buying an additional 856,540 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total value of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares of the company’s stock, valued at approximately $18,804,165.79. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Teradyne Stock Performance

TER opened at $314.66 on Friday. The firm has a market cap of $49.28 billion, a price-to-earnings ratio of 90.42, a PEG ratio of 1.93 and a beta of 1.83. The firm’s 50-day simple moving average is $229.55 and its 200-day simple moving average is $171.06. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $327.99.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Monday, February 2nd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The firm had revenue of $1.08 billion for 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 for the quarter was up 43.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.95 earnings per share. Teradyne has set its Q1 2026 guidance at 1.890-2.250 EPS. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Citigroup raised their price objective on Teradyne from $215.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Robert W. Baird set a $305.00 target price on Teradyne in a research report on Wednesday, February 4th. Bank of America lifted their price target on shares of Teradyne from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Cantor Fitzgerald raised their price objective on shares of Teradyne from $240.00 to $270.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $256.24.

Teradyne 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.