Pinnacle Wealth Management Advisory Group LLC Takes $310,000 Position in Teradyne, Inc. $TER

Pinnacle Wealth Management Advisory Group LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,603 shares of the company’s stock, valued at approximately $310,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP lifted its position in shares of Teradyne by 13,949.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock worth $280,357,000 after acquiring an additional 2,022,389 shares during the period. Alkeon Capital Management LLC increased its position in shares of Teradyne by 48.6% during the third quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock valued at $395,427,000 after purchasing an additional 940,000 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Teradyne by 3,233.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company’s stock valued at $176,144,000 after purchasing an additional 882,723 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of Teradyne by 65.4% in the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock valued at $194,770,000 after purchasing an additional 856,540 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Teradyne by 60.1% in the second quarter. Bank of America Corp DE now owns 2,082,945 shares of the company’s stock worth $187,298,000 after purchasing an additional 781,517 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $382.33 on Thursday. Teradyne, Inc. has a 52 week low of $73.11 and a 52 week high of $422.11. The company’s fifty day moving average is $331.01 and its 200-day moving average is $253.81. The company has a market capitalization of $59.85 billion, a PE ratio of 70.80, a P/E/G ratio of 1.47 and a beta of 1.79.

Teradyne (NASDAQ:TER) last announced its earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the company posted $0.75 EPS. The firm’s revenue for the quarter was up 87.0% on a year-over-year basis. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. On average, analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on TER. Zacks Research downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. The Goldman Sachs Group raised their price objective on shares of Teradyne from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Susquehanna lifted their target price on shares of Teradyne from $335.00 to $415.00 and gave the company a “positive” rating in a research report on Thursday, April 9th. UBS Group upped their target price on shares of Teradyne from $325.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a research report on Tuesday, April 21st. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $339.80.

About Teradyne

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.