Teradyne, Inc.

NASDAQ Global Select
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Bullish +72

30,000 Shares in Teradyne, Inc. $TER Bought by Ardmore Road Asset ...

📈 Ardmore Road Asset Management LP acquired a new position in Teradyne valued at approximately $8.9 million during the first quarter.

🏦 Norges Bank established a significant new stake in Teradyne worth about $398.8 million during the fourth quarter.

📊 Wellington Management Group LLP increased its stake by 13,949.4%, adding over 2 million shares to reach a total value of $280.4 million.

📈 Citigroup raised its price objective from $325.00 to $400.00 and maintained a 'buy' rating in a report dated April 30th.

🚀 Susquehanna lifted its price target on Teradyne from $415.00 to $550.00 with a 'positive' rating issued on June 30th.

💰 Goldman Sachs increased its price objective to $465.00 and reaffirmed a 'buy' rating in a note released on July 6th.

📉 Robert W. Baird upped its target price from $350.00 to $446.00, assigning an 'outperform' rating on June 23rd.

💵 Teradyne paid a quarterly dividend of $0.13 per share on June 12th, marking an increase from the previous quarter's payout.

📉 CEO Gregory Stephen Smith sold 4,000 shares at an average price of $423.03 under a pre-arranged Rule 10b5-1 trading plan.

📉 Insider Shannon John Poulin sold 656 shares for tax withholding obligations related to equity award vesting.

📊 Teradyne currently has a market capitalization of $54.78 billion and trades at a P/E ratio of 64.80.

🎯 The consensus analyst rating is 'Moderate Buy' with a collective price target of $394.53.

Bullish Signals
  • Significant accumulation by major institutional investors including Norges Bank and Wellington Management Group indicates strong confidence in the company's long-term prospects.
  • Multiple top-tier analysts, including Citigroup, Goldman Sachs, and Susquehanna, have raised their price targets while maintaining buy or positive ratings.
  • The company increased its quarterly dividend to $0.13 per share, demonstrating a commitment to returning value to shareholders.
  • Institutional ownership remains extremely high at 99.77%, suggesting broad consensus among professional investors regarding the stock's quality.
Risk Factors
  • CEO Gregory Stephen Smith and other insiders sold a combined total of approximately $5.4 million in shares recently, though these were executed under pre-arranged plans or for tax obligations.
  • The stock trades at a high P/E ratio of 64.80, which may imply elevated valuation expectations relative to current earnings performance.
Full Analysis
Institutional investors have significantly increased their holdings in Teradyne, Inc. (NASDAQ:TER) during the second and third quarters of 2026. Ardmore Road Asset Management LP acquired a new position valued at approximately $8.9 million, while Norges Bank established a substantial stake worth nearly $400 million. Wellington Management Group LLP notably lifted its position by over 13,900%, adding more than 2 million shares to reach a total holding of roughly $280 million. Analyst sentiment remains largely positive with several major firms raising price targets and maintaining buy ratings. Citigroup increased its objective from $325 to $400, Susquehanna raised its target to $550, and Goldman Sachs adjusted its goal to $465. The consensus rating is a 'Moderate Buy' with an average price target of $394.53, suggesting continued institutional confidence in the company's valuation despite recent insider sales. Teradyne reported a quarterly dividend of $0.13 per share paid on June 12th, representing a slight increase from the previous quarter and resulting in a 9.63% payout ratio. The stock trades at a P/E ratio of 64.80 with a market capitalization of $54.78 billion. While CEO Gregory Stephen Smith and other insiders sold shares totaling nearly $5.5 million recently, these transactions were executed under pre-arranged Rule 10b5-1 plans or for tax withholding obligations.