4,567 Shares in Teradyne, Inc. $TER Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER) during the second quarter, HoldingsChannel reports. The fund bought 4,567 shares of the company’s stock, valued at approximately $2,210,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Teradyne in the second quarter valued at $9,404,408,000. Andar Capital Management HK Ltd purchased a new position in shares of Teradyne during the 2nd quarter valued at about $37,800,000. State Street Corp lifted its holdings in shares of Teradyne by 0.9% in the 4th quarter. State Street Corp now owns 7,078,635 shares of the company’s stock valued at $1,370,141,000 after buying an additional 60,986 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Teradyne by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock worth $442,413,000 after buying an additional 143,058 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Teradyne by 18.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock worth $813,640,000 after buying an additional 659,273 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gregory Stephen Smith sold 4,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer owned 112,495 shares of the company’s stock, valued at approximately $47,810,375. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TER. UBS Group lifted their price target on Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Evercore restated an “outperform” rating and issued a $420.00 price objective on shares of Teradyne in a research report on Thursday, July 30th. Susquehanna raised their price objective on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $465.00 target price on shares of Teradyne in a report on Tuesday, July 28th. Finally, Morgan Stanley boosted their target price on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus price target of $396.80.

Teradyne Trading Down 4.6%

NASDAQ TER opened at $354.97 on Friday. The stock has a market capitalization of $55.50 billion, a price-to-earnings ratio of 48.69, a PEG ratio of 0.75 and a beta of 1.78. The stock has a 50-day moving average of $380.37 and a 200 day moving average of $356.92. Teradyne, Inc. has a twelve month low of $109.56 and a twelve month high of $487.91.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.Teradyne’s quarterly revenue was up 103.9% compared to the same quarter last year. During the same period last year, the company earned $0.57 earnings per share. Equities analysts predict that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is currently 7.13%.

Teradyne Profile

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.