29,829 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 29,829 shares of the company’s stock, valued at approximately $4,423,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Teradyne by 0.7% during the first quarter. Vanguard Group Inc. now owns 18,421,186 shares of the company’s stock valued at $2,078,462,000 after buying an additional 135,286 shares during the last quarter. Van ECK Associates Corp increased its stake in Teradyne by 10.4% during the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock valued at $543,278,000 after acquiring an additional 453,926 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its holdings in Teradyne by 1.3% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,603,123 shares of the company’s stock valued at $682,597,000 after acquiring an additional 57,989 shares in the last quarter. Nordea Investment Management AB raised its holdings in Teradyne by 14.6% in the 1st quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock valued at $342,178,000 after acquiring an additional 385,115 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Teradyne by 3.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,182,136 shares of the company’s stock worth $246,210,000 after purchasing an additional 68,924 shares in the last quarter. 99.77% of the stock is owned by institutional investors.

Teradyne Stock Performance

Shares of TER stock opened at $130.50 on Friday. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21. The stock has a market capitalization of $21.29 billion, a PE ratio of 49.62, a PEG ratio of 2.69 and a beta of 1.49. The stock’s fifty day moving average is $128.67 and its 200-day moving average is $130.00.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The firm had revenue of $729.88 million for the quarter, compared to analyst estimates of $701.20 million. During the same quarter in the prior year, the firm earned $0.79 EPS. The company’s revenue was up 6.6% on a year-over-year basis. As a group, analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is presently 18.25%.

Insiders Place Their Bets

In other news, insider Richard John Burns sold 789 shares of Teradyne stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $104,779.20. Following the completion of the sale, the insider now directly owns 21,864 shares of the company’s stock, valued at approximately $2,903,539.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Richard John Burns sold 789 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total value of $104,779.20. Following the transaction, the insider now owns 21,864 shares of the company’s stock, valued at approximately $2,903,539.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $128.77, for a total transaction of $80,481.25. Following the sale, the director now directly owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,977 shares of company stock valued at $1,979,834. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TER. Susquehanna upped their target price on Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a research note on Friday, July 26th. Robert W. Baird raised their price objective on shares of Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Northland Securities decreased their target price on shares of Teradyne from $136.00 to $126.00 and set a “market perform” rating on the stock in a research report on Friday, July 26th. Citigroup dropped their price target on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a research report on Friday, July 26th. Finally, Stifel Nicolaus upped their price objective on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a research note on Tuesday, July 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Teradyne presently has a consensus rating of “Hold” and a consensus price target of $141.50.

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.