LMCG Investments 13F: Cuts Teradyne (TER) Stake by $1M

LMCG Investments trimmed its holdings in Teradyne, Inc. (NasdaqGS:TER) during the period, lowering its exposure to the semiconductor equipment maker by 20.1%. According to a Form 13F filing on October 21, 2026, the firm parted ways with 2,604 shares. It wrapped up the period with 10,343 shares of the company, valued at approximately $4.15 million.

TER Teradyne, Inc.

$345.49 ▲ +66.65% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in LMCG Investments's Teradyne Position

The fund's adjustment lowered its prior stake of 12,947 shares down to 10,343 shares. This 20.1% reduction reflects a smaller bet on the automated test equipment and robotics provider as shares navigate a wide 52-week trading band.

Other Institutional Activity in Teradyne

Other major funds also adjusted their positions in the semiconductor equipment maker. Curated Wealth Partners slashed its stake by 1,008,081 shares, ending with 2,628 shares worth about $1.05 million. Assenagon Asset Management S.A. grew its holdings by 1,027,146 shares, ending with 1,074,459 shares valued at about $430.76 million. Ameriprise Financial, Inc. cut its holdings by 124,567 shares, leaving it with 2,719,428 shares worth roughly $840.28 million. Van Eck Associates Corporation grew its stake by 123,477 shares, finishing with 2,607,914 shares valued around $805.82 million.

Teradyne, Inc. Stock Down 4.1%

Teradyne shares closed at $345.49 on October 21, 2026. The stock recently traded around $322.81 as of October 22, 2026, putting it down about 6.6% since the filing date. The stock trades below its 50-day moving average of $378.37 and below its 200-day moving average of $346.69. Over the past year, the shares have traded as low as $135.83 and as high as $487.91.

Recent Earnings

Teradyne generated $4.46 billion in trailing twelve month revenue with earnings of $7.28 per share. The company reported a net profit margin of 25.8% and a return on equity of 36.5% alongside a year-over-year revenue growth rate of 103.9%. Investors await the next earnings report scheduled for October 27, 2026.

Dividend

Teradyne pays an annual dividend rate of $0.52 per share, which translates to a dividend yield of 0.15%. The company maintains a dividend payout ratio of 6.9%.

Insider Buying and Selling at Teradyne, Inc.

Insider activity leading up to the filing included several transactions. On June 25, 2026, Paul Tufano bought 116 shares for $0.00 totaling $0.00. Director Marilyn Matz sold 400 shares on September 17, 2026, at an average price of $351.11 for a total value of $140,444 under a pre-arranged plan. Later, on October 15, 2026, Marilyn Matz sold 800 shares at $341.28 per share for a total of $273,024 under a Rule 10b5-1 plan. President and CEO Gregory Stephen Smith also sold 4,000 shares on October 15, 2026, at $341.28 per share for a total value of $1,365,120 under a planned setup.

Analysts Set New Price Targets

Wall Street firms have actively updated their views on the stock over the prior months. On July 20, 2026, UBS maintained its Buy rating while raising its price target from $440.00 to $500.00. Cantor Fitzgerald reiterated an Overweight rating with a $550.00 price target on July 29, 2026. Morgan Stanley maintained an Equal-Weight rating on July 30, 2026, lifting its target from $387.00 to $397.00. Evercore ISI Group maintained an Outperform rating on July 30, 2026, raising its target from $370.00 to $420.00. Baird downgraded the stock to Neutral on August 21, 2026, with a price target of $420.00. Overall, the stock holds a consensus buy rating and a mean price target of $445.47 across 15 analyst opinions.

About Teradyne

Teradyne designs, builds, and supports automated test equipment used by chipmakers to verify semiconductor functionality, alongside collaborative robots and industrial automation tools. Its hardware and software systems serve electronics, automotive, industrial, and consumer goods manufacturers worldwide.

Bottom Line

LMCG Investments holds a smaller footprint in Teradyne following its third-quarter reduction. Market participants will look toward the upcoming October 27 earnings release for fresh insights into the company's semiconductor test and robotics segments.