4,550 Shares in Teradyne, Inc. $TER Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in shares of Teradyne, Inc. (NASDAQ:TER) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,550 shares of the company’s stock, valued at approximately $616,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Teradyne in the second quarter valued at $152,854,000. Federated Hermes Inc. increased its holdings in shares of Teradyne by 79.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock worth $340,353,000 after acquiring an additional 1,679,215 shares during the period. AQR Capital Management LLC increased its holdings in shares of Teradyne by 1,612.4% in the 1st quarter. AQR Capital Management LLC now owns 1,404,752 shares of the company’s stock worth $113,251,000 after acquiring an additional 1,322,716 shares during the period. Amundi lifted its position in Teradyne by 255.3% in the 2nd quarter. Amundi now owns 1,812,001 shares of the company’s stock valued at $170,654,000 after purchasing an additional 1,302,025 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Teradyne by 224.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,851,684 shares of the company’s stock valued at $152,949,000 after purchasing an additional 1,280,120 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TER shares. Susquehanna restated a “positive” rating and issued a $215.00 price target on shares of Teradyne in a research note on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a report on Wednesday, October 8th. Wall Street Zen upgraded Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. JPMorgan Chase & Co. boosted their price target on Teradyne from $122.00 to $190.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Finally, Morgan Stanley increased their price target on Teradyne from $100.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $185.75.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $185.21 on Thursday. The stock has a market cap of $29.01 billion, a price-to-earnings ratio of 67.35, a PEG ratio of 2.01 and a beta of 1.85. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $205.00. The stock’s 50 day moving average price is $170.59 and its 200 day moving average price is $128.74.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The firm had revenue of $769.21 million during the quarter, compared to analyst estimates of $744.20 million. During the same period last year, the company posted $0.90 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, November 24th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, November 24th. Teradyne’s payout ratio is presently 17.45%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.31, for a total value of $223,051.48. Following the sale, the chief executive officer directly owned 93,409 shares in the company, valued at approximately $18,804,165.79. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 3,878 shares of company stock valued at $653,659 in the last quarter. 0.16% of the stock is currently owned by insiders.

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.