Teradyne, Inc. (NASDAQ:TER) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of Teradyne, Inc. (NASDAQ:TER) by 988.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 123,839 shares of the company’s stock after acquiring an additional 112,459 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Teradyne worth $15,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Whittier Trust Co. raised its holdings in Teradyne by 10.2% in the 3rd quarter. Whittier Trust Co. now owns 950 shares of the company’s stock valued at $127,000 after buying an additional 88 shares during the period. Whittier Trust Co. of Nevada Inc. raised its holdings in Teradyne by 10.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock valued at $149,000 after buying an additional 103 shares during the period. Thrivent Financial for Lutherans raised its holdings in Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares during the period. GAMMA Investing LLC raised its holdings in Teradyne by 3.1% in the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after buying an additional 105 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in Teradyne by 0.5% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock valued at $2,666,000 after buying an additional 108 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TER shares. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Susquehanna boosted their price objective on shares of Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a report on Wednesday. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $145.00 to $158.00 in a research note on Monday, December 16th. StockNews.com upgraded shares of Teradyne from a “sell” rating to a “hold” rating in a research note on Sunday, October 27th. Finally, Morgan Stanley lowered shares of Teradyne from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $121.00 to $117.00 in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $149.31.

Teradyne Price Performance

Teradyne stock opened at $131.83 on Friday. Teradyne, Inc. has a 12 month low of $92.29 and a 12 month high of $163.21. The business has a 50 day simple moving average of $123.40 and a 200-day simple moving average of $126.81. The stock has a market capitalization of $21.47 billion, a PE ratio of 41.85, a price-to-earnings-growth ratio of 2.21 and a beta of 1.46.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business had revenue of $737.30 million during the quarter, compared to analysts’ expectations of $716.40 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Teradyne, Inc. will post 3.17 EPS for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Monday, November 25th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend was Monday, November 25th. Teradyne’s dividend payout ratio (DPR) is presently 15.24%.

Teradyne declared that its board has initiated a stock buyback program on Monday, November 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy up to 0.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares in the company, valued at approximately $9,705,800. This represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.36% of the company’s stock.

About Teradyne

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.