SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Report 7.1% Beneficial Ownership in Teradyne Inc.
Beneficial Ownership Disclosure
FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 7.1% of Teradyne Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, have filed an Amendment No. 4 to Schedule 13G regarding their beneficial ownership of Teradyne Inc. common stock.
- As of December 31, 2024, FMR LLC and Abigail P. Johnson collectively beneficially own 11,601,724.30 shares of Teradyne Inc. common stock.
- This aggregate amount represents 7.1% of the class of Teradyne Inc.'s common stock.
- FMR LLC holds sole voting power over 10,668,374.16 shares and sole dispositive power over 11,601,724.30 shares.
- Abigail P. Johnson holds sole dispositive power over 11,601,724.30 shares, with no sole or shared voting power directly attributed.
- FMR LLC is classified as a parent holding company, and Abigail P. Johnson is classified as an individual.
- The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Several FMR LLC subsidiaries and affiliates are identified as entities that beneficially own shares, including Fidelity Management & Research Company LLC, which beneficially owns 5% or greater of the outstanding shares.
- Abigail P. Johnson is the Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's Series B voting common shares, forming a controlling group under the Investment Company Act of 1940.
Sentiment
Score: 5
Explanation: Neutral. This is a routine regulatory filing disclosing beneficial ownership, which does not inherently convey positive or negative sentiment about the company's performance or prospects.
Future Outlook
N/A
Industry Context
This filing indicates a significant passive investment by a major asset manager (FMR LLC, parent of Fidelity Investments) in a semiconductor test equipment company. Such filings are routine disclosures for large institutional investors crossing certain ownership thresholds and do not typically imply specific industry trends beyond the continued investment in the technology sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can be a positive signal of investor confidence, though this is a passive holding.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where its Power of Attorney (accession number -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney (accession number -23-000038) was incorporated by reference. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 2025-02-11 | Date of signing and filing of this Schedule 13G Amendment No. 4. |
Keywords
Teradyne Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Shareholding
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