Stonebridge Financial Group LLC MO Takes $284,000 Position in Teradyne, Inc. $TER

Stonebridge Financial Group LLC MO purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TERFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,469 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teradyne in the 4th quarter worth $37,000. True Wealth Design LLC grew its holdings in shares of Teradyne by 49.6% in the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after acquiring an additional 70 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Teradyne in the 3rd quarter worth $31,000. Davidson Capital Management Inc. acquired a new position in shares of Teradyne in the 3rd quarter worth $31,000. Finally, Activest Wealth Management grew its holdings in shares of Teradyne by 73.6% in the 4th quarter. Activest Wealth Management now owns 243 shares of the company’s stock worth $47,000 after acquiring an additional 103 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $358.45 on Wednesday. Teradyne, Inc. has a fifty-two week low of $75.99 and a fifty-two week high of $422.11. The business has a 50-day moving average of $333.29 and a two-hundred day moving average of $260.01. The stock has a market capitalization of $56.11 billion, a P/E ratio of 66.38, a P/E/G ratio of 1.51 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business’s quarterly revenue was up 87.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 earnings per share. As a group, research analysts expect that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be paid a dividend of $0.13 per share. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, May 21st. Teradyne’s dividend payout ratio is presently 9.63%.

Trending Headlines about Teradyne

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Analysts Set New Price Targets

A number of brokerages recently issued reports on TER. Evercore set a $370.00 target price on Teradyne in a report on Thursday, April 30th. Weiss Ratings upgraded Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Bank of America raised their target price on Teradyne from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley set a $387.00 target price on Teradyne in a research report on Thursday, April 30th. Finally, Zacks Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $339.80.

Read Our Latest Report on TER

Insider Transactions at Teradyne

In related news, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $377.60, for a total transaction of $256,768.00. Following the transaction, the vice president directly owned 7,665 shares in the company, valued at $2,894,304. The trade was a 8.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by corporate insiders.

Teradyne Profile

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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