Teradyne, Inc. (NASDAQ:TER) Shares Bought by Raymond James & Associates

Raymond James & Associates raised its position in Teradyne, Inc. (NASDAQ:TER) by 2.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 499,332 shares of the company’s stock after acquiring an additional 11,650 shares during the period. Raymond James & Associates’ holdings in Teradyne were worth $66,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Teradyne in the 2nd quarter worth approximately $27,000. Rothschild Investment LLC acquired a new position in shares of Teradyne in the 2nd quarter worth approximately $33,000. Quarry LP lifted its holdings in shares of Teradyne by 256.1% in the 2nd quarter. Quarry LP now owns 235 shares of the company’s stock worth $35,000 after acquiring an additional 169 shares during the last quarter. Tortoise Investment Management LLC lifted its holdings in shares of Teradyne by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock worth $40,000 after acquiring an additional 118 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Teradyne by 3,800.0% in the 2nd quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after acquiring an additional 342 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Trading Down 0.1 %

Shares of NASDAQ:TER opened at $125.93 on Tuesday. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21. The company’s 50 day moving average is $130.31 and its two-hundred day moving average is $131.77. The company has a market cap of $20.55 billion, a PE ratio of 41.42, a P/E/G ratio of 2.58 and a beta of 1.49.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, beating 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 company had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. During the same period in the prior year, the firm posted $0.79 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. As a group, equities research analysts expect that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is 15.79%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TER shares. KeyCorp upped their price objective on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, July 12th. Stifel Nicolaus upped their price objective on shares of Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a report on Tuesday, July 16th. Northland Securities reduced their target price on shares of Teradyne from $136.00 to $126.00 and set a “market perform” rating on the stock in a report on Friday, July 26th. Craig Hallum lowered shares of Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a report on Friday, July 26th. Finally, StockNews.com lowered shares of Teradyne from a “hold” rating to a “sell” rating in a report on Monday. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $142.57.

Insider Activity at Teradyne

In related news, Director Mercedes Johnson sold 625 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total value of $83,431.25. Following the transaction, the director now directly owns 16,518 shares of the company’s stock, valued at $2,204,987.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Mercedes Johnson sold 625 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total value of $83,431.25. Following the transaction, the director now directly owns 16,518 shares of the company’s stock, valued at $2,204,987.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total transaction of $409,024.00. Following the completion of the transaction, the chief executive officer now directly owns 80,736 shares in the company, valued at $10,721,740.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,977 shares of company stock valued at $1,979,834 in the last ninety days. Insiders own 0.36% of the company’s stock.

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.