Teradyne, Inc. (NASDAQ:TER) Stake Raised by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,405,899 shares of the company’s stock after purchasing an additional 92,428 shares during the period. Vanguard Group Inc. owned about 0.13% of Teradyne worth $2,569,511,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Compass Financial Services Inc acquired a new stake in Teradyne during the fourth quarter valued at approximately $33,000. AllSquare Wealth Management LLC lifted its position in shares of Teradyne by 200.0% during the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock valued at $38,000 after acquiring an additional 200 shares during the last quarter. Manchester Capital Management LLC boosted its stake in shares of Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after acquiring an additional 227 shares in the last quarter. Atala Financial Inc acquired a new position in shares of Teradyne in the 4th quarter worth $47,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Teradyne during the third quarter worth $52,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Trading Down 1.2 %

Shares of NASDAQ:TER opened at $89.95 on Wednesday. The stock has a market capitalization of $14.55 billion, a PE ratio of 27.01, a P/E/G ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 1 year low of $82.98 and a 1 year high of $163.21. The firm has a fifty day moving average price of $110.99 and a 200 day moving average price of $118.21.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, sell-side analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s payout ratio is 14.41%.

Insider Buying and Selling

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard John Burns sold 407 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the sale, the insider now directly owns 20,764 shares in the company, valued at $2,502,269.64. This trade represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,479 shares of company stock valued at $1,013,134. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Cantor Fitzgerald decreased their price target on Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Citigroup cut their price target on shares of Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Morgan Stanley decreased their price objective on shares of Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a research note on Friday, March 14th. UBS Group set a $130.00 target price on shares of Teradyne and gave the company a “buy” rating in a research note on Wednesday, March 12th. Finally, TD Cowen decreased their target price on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.44.

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.