5 Robotics Stocks Billionaires Are Loading Up On

In this article, we discuss 5 robotics stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 10 Robotics Stocks Billionaires Are Loading Up On. 

5. Teradyne, Inc. (NASDAQ:TER)

Number of Hedge Fund Holders: 33

Number of Billionaire Investors: 10

Teradyne, Inc. (NASDAQ:TER) specializes in the design, development, manufacturing, sales, and support of automatic test equipment. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. Within the Industrial Automation segment, Teradyne, Inc. (NASDAQ:TER) offers collaborative robotic arms, autonomous mobile robots, and advanced robotic control software. Teradyne, Inc. (NASDAQ:TER) is regarded as one of the preferred robotics stocks among billionaires. In the first quarter of 2023, the stock was included in the investment portfolios of 10 billionaires.

On May 11, Teradyne, Inc. (NASDAQ:TER) declared a quarterly dividend of $0.11 per share, in line with previous. The dividend is payable on June 16, to shareholders of record on May 24. 

According to Insider Monkey’s first quarter database, Teradyne, Inc. (NASDAQ:TER) was part of 33 hedge fund portfolios, with combined stakes worth $856.7 million. Billionaire David Shaw’s D E Shaw held a $83.4 million position in the company. 

Here is what Carillon Clarivest Capital Appreciation Fund has to say about Teradyne, Inc. (NASDAQ:TER) in its Q1 2022 investor letter:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Teradyne (NASDAQ:TER) develops and sells self-automatic test systems. The company gave a weak outlook as a major customer slowed its 3-nanometer technology transition. The Fund sold the stock.”