Mn Services Vermogensbeheer B.V. decreased its holdings in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,600 shares of the company’s stock after selling 1,500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Teradyne were worth $7,848,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of Teradyne by 65.6% in the first quarter. Private Advisor Group LLC now owns 5,920 shares of the company’s stock valued at $668,000 after buying an additional 2,345 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Teradyne by 5.3% during the first quarter. Daiwa Securities Group Inc. now owns 17,782 shares of the company’s stock valued at $2,006,000 after purchasing an additional 900 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Teradyne by 21.8% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 5,249 shares of the company’s stock worth $592,000 after purchasing an additional 940 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Teradyne by 98.1% in the first quarter. Larson Financial Group LLC now owns 737 shares of the company’s stock valued at $83,000 after purchasing an additional 365 shares during the period. Finally, Team Hewins LLC acquired a new stake in Teradyne during the 1st quarter valued at $212,000. 99.77% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have commented on TER. Northland Securities cut their price objective on shares of Teradyne from $126.00 to $117.00 and set a “market perform” rating on the stock in a report on Friday, October 25th. Evercore ISI increased their price target on Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Susquehanna lifted their price objective on Teradyne from $130.00 to $145.00 and gave the stock a “positive” rating in a report on Friday, July 26th. Cantor Fitzgerald upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 target price for the company in a research note on Friday, August 16th. Finally, Craig Hallum dropped their price target on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating for the company in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Teradyne has an average rating of “Hold” and an average price target of $142.62.
Teradyne Stock Up 1.1 %
TER opened at $105.45 on Wednesday. The company’s 50-day moving average price is $126.41 and its 200 day moving average price is $132.22. Teradyne, Inc. has a fifty-two week low of $84.66 and a fifty-two week high of $163.21. The firm has a market cap of $17.21 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 2.32 and a beta of 1.52.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.12. The business had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. Research analysts anticipate that Teradyne, Inc. will post 3.15 earnings per share for the current year.
Teradyne Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.48 annualized dividend and a dividend yield of 0.46%. Teradyne’s dividend payout ratio is currently 15.24%.
Insider Buying and Selling
In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $133.06, for a total value of $818,718.18. Following the completion of the transaction, the chief financial officer now owns 35,834 shares in the company, valued at approximately $4,768,072.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of Teradyne stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the sale, the chief financial officer now owns 35,834 shares of the company’s stock, valued at $4,768,072.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now owns 83,816 shares of the company’s stock, valued at $10,896,080. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,352 shares of company stock valued at $1,899,353 in the last quarter. Company insiders own 0.18% of the company’s stock.
Teradyne Profile
Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
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