Teradyne, Inc. (NASDAQ:TER) Shares Bought by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV grew its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 17.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 651 shares of the company’s stock after purchasing an additional 96 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Teradyne were worth $97,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in Teradyne by 128.3% during the second quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock worth $341,000 after purchasing an additional 1,291 shares in the last quarter. Cetera Advisors LLC acquired a new position in shares of Teradyne during the 1st quarter valued at $427,000. Cetera Investment Advisers raised its stake in shares of Teradyne by 161.6% in the 1st quarter. Cetera Investment Advisers now owns 19,075 shares of the company’s stock worth $2,152,000 after buying an additional 11,782 shares in the last quarter. PGGM Investments lifted its holdings in shares of Teradyne by 1.5% in the first quarter. PGGM Investments now owns 37,450 shares of the company’s stock valued at $4,225,000 after buying an additional 550 shares during the period. Finally, Swedbank AB acquired a new stake in shares of Teradyne in the first quarter valued at $24,226,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on TER. Stifel Nicolaus raised their price objective on Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a research note on Tuesday, July 16th. Northland Capmk cut Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. KeyCorp upped their price objective on shares of Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, July 12th. UBS Group lifted their target price on shares of Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, June 18th. Finally, Citigroup reduced their price target on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $142.93.

Teradyne Stock Performance

Shares of NASDAQ:TER traded up $1.93 on Tuesday, hitting $118.32. 1,587,490 shares of the company were exchanged, compared to its average volume of 2,093,079. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21. The firm has a market capitalization of $18.47 billion, a price-to-earnings ratio of 45.70, a PEG ratio of 2.41 and a beta of 1.50. The company’s 50 day moving average price is $144.53 and its two-hundred day moving average price is $122.23.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.09. The company had revenue of $729.88 million for the quarter, compared to analyst estimates of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.79 EPS. Research analysts predict that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a yield of 0.41%. Teradyne’s payout ratio is presently 18.25%.

Insider Transactions at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $143.84, for a total value of $89,900.00. Following the transaction, the director now owns 18,393 shares of the company’s stock, valued at approximately $2,645,649.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $143.84, for a total value of $89,900.00. Following the completion of the sale, the director now owns 18,393 shares of the company’s stock, valued at $2,645,649.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction on Monday, May 20th. The stock was sold at an average price of $137.64, for a total transaction of $688,888.20. Following the transaction, the insider now directly owns 21,780 shares in the company, valued at $2,997,799.20. The disclosure for this sale can be found here. Insiders sold a total of 6,255 shares of company stock worth $859,269 in the last quarter. 0.36% of the stock is owned by company insiders.

Teradyne Company 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.