Centaurus Financial Inc. Acquires Shares of 3,690 Teradyne, Inc. $TER

Centaurus Financial Inc. bought a new stake in Teradyne, Inc. (NASDAQ:TER) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,690 shares of the company’s stock, valued at approximately $1,785,000.

Other large investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its holdings in Teradyne by 12.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after acquiring an additional 468 shares during the last quarter. Caxton Associates LLP bought a new stake in Teradyne during the 1st quarter worth about $297,000. Cresset Asset Management LLC raised its holdings in Teradyne by 11.6% during the 2nd quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock worth $608,000 after purchasing an additional 702 shares during the last quarter. NewEdge Advisors LLC lifted its position in Teradyne by 467.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock valued at $306,000 after purchasing an additional 2,807 shares during the period. Finally, Treasurer of the State of North Carolina lifted its position in Teradyne by 5.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock valued at $6,755,000 after purchasing an additional 3,651 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Up 2.5%

Shares of NASDAQ TER opened at $372.06 on Friday. Teradyne, Inc. has a twelve month low of $109.56 and a twelve month high of $487.91. The stock has a market cap of $58.17 billion, a price-to-earnings ratio of 51.04, a P/E/G ratio of 0.73 and a beta of 1.78. The company’s fifty day moving average is $382.03 and its 200-day moving average is $356.93.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The firm’s revenue was up 103.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.57 EPS. On average, research analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, September 4th. Teradyne’s payout ratio is 7.13%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TER shares. UBS Group lifted their price target on shares of Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Susquehanna increased their price objective on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Robert W. Baird reiterated a “neutral” rating and set a $420.00 target price on shares of Teradyne in a research report on Friday, August 21st. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 price target on shares of Teradyne in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and an average target price of $396.80.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the transaction, the chief executive officer owned 112,495 shares in the company, valued at $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by company insiders.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: AI is creating a longer-term growth opportunity. Teradyne’s testing platforms are benefiting from rising complexity in AI processors, high-bandwidth memory and photonics. AI-related revenue reportedly exceeds 60%, while management expects strong growth through 2026 and 2027. Teradyne: AI Is Turning Test Into A Structural Growth Market
• Positive Sentiment: Datacenter and memory demand are supporting Teradyne’s outlook. AI-driven datacenter investment, strong memory demand and strategic initiatives are strengthening the company’s competitive prospects relative to Cisco Systems and Vertiv. Strong Datacenter Growth Boosts TER’s Prospects Against CSCO & VRT
• Positive Sentiment: Recent earnings and estimate revisions are supporting the rally. Teradyne’s latest quarter materially exceeded expectations, with earnings of $2.47 per share versus the $2.09 consensus and revenue of $1.33 billion versus $1.22 billion. Revenue more than doubled year over year, and upward earnings-estimate revisions are viewed as a potential near-term catalyst. Why Is Teradyne Up Since Last Earnings Report?
• Positive Sentiment: Analysts see additional upside. The consensus price target implies approximately 25% potential appreciation, although target prices alone have limited predictive value. Wall Street Analysts Believe Teradyne Could Rally
• Neutral Sentiment: Teradyne Robotics is escalating intellectual-property enforcement by suing another Chinese collaborative-robot manufacturer over alleged copycat products. The action could help protect Teradyne’s technology and market position, but litigation introduces uncertainty and potential costs. Teradyne Robotics Ramps Up Fight Against Cobot Copycats

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.