Teradyne, Inc. $TER Shares Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. increased its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 43.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,305 shares of the company’s stock after buying an additional 398 shares during the period. SBI Securities Co. Ltd.’s holdings in Teradyne were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Andar Capital Management HK Ltd acquired a new stake in shares of Teradyne during the 2nd quarter valued at approximately $5,395,000. Ironwood Investment Counsel LLC grew its holdings in shares of Teradyne by 16.8% in the 2nd quarter. Ironwood Investment Counsel LLC now owns 39,680 shares of the company’s stock worth $3,568,000 after acquiring an additional 5,693 shares during the period. Robeco Schweiz AG increased its stake in Teradyne by 23.4% in the 2nd quarter. Robeco Schweiz AG now owns 327,269 shares of the company’s stock valued at $29,428,000 after purchasing an additional 62,000 shares in the last quarter. Allworth Financial LP raised its holdings in Teradyne by 81.4% during the second quarter. Allworth Financial LP now owns 1,442 shares of the company’s stock worth $130,000 after purchasing an additional 647 shares during the last quarter. Finally, Illinois Municipal Retirement Fund boosted its position in Teradyne by 16.4% during the second quarter. Illinois Municipal Retirement Fund now owns 123,445 shares of the company’s stock worth $11,100,000 after purchasing an additional 17,355 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $180.20, for a total transaction of $199,661.60. Following the completion of the sale, the chief executive officer directly owned 94,517 shares in the company, valued at $17,031,963.40. This represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders have sold 3,324 shares of company stock worth $494,318. 0.16% of the stock is owned by insiders.

Teradyne Stock Performance

Shares of NASDAQ TER opened at $169.97 on Monday. The firm has a market cap of $26.62 billion, a P/E ratio of 61.81, a price-to-earnings-growth ratio of 3.64 and a beta of 1.90. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $191.56. The firm’s 50 day moving average price is $145.37 and its 200 day moving average price is $112.13.

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

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Monday, November 24th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, November 24th. Teradyne’s dividend payout ratio (DPR) is 17.45%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Morgan Stanley raised their price target on Teradyne from $100.00 to $136.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Susquehanna restated a “positive” rating and set a $215.00 target price on shares of Teradyne in a report on Thursday, October 30th. Evercore ISI lifted their target price on shares of Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Stifel Nicolaus increased their price target on shares of Teradyne from $119.00 to $135.00 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $171.25.

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.