Janney Montgomery Scott LLC Purchases 4,367 Shares of Teradyne, Inc. (NASDAQ:TER)

Janney Montgomery Scott LLC lifted its position in shares of Teradyne, Inc. (NASDAQ:TER) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,900 shares of the company’s stock after purchasing an additional 4,367 shares during the period. Janney Montgomery Scott LLC’s holdings in Teradyne were worth $27,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Teradyne during the second quarter worth approximately $27,000. Rothschild Investment LLC bought a new position in Teradyne during the 2nd quarter worth $33,000. Quarry LP increased its stake in Teradyne by 256.1% during 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 period. Tortoise Investment Management LLC increased its stake in Teradyne by 76.1% during 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 period. Finally, Versant Capital Management Inc increased its stake in Teradyne by 3,800.0% during 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 period. Institutional investors own 99.77% of the company’s stock.

Teradyne Trading Down 2.1 %

Shares of TER opened at $104.27 on Tuesday. The company has a market capitalization of $17.01 billion, a PE ratio of 33.10, a PEG ratio of 2.31 and a beta of 1.52. Teradyne, Inc. has a 12 month low of $84.66 and a 12 month high of $163.21. The stock’s 50-day moving average price is $126.41 and its two-hundred day moving average price is $132.22.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The firm had revenue of $737.30 million during the quarter, compared to analyst estimates of $716.40 million. During the same period last year, the company posted $0.80 EPS. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Equities research analysts predict that Teradyne, Inc. will post 3.15 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is presently 15.24%.

Insider Transactions at Teradyne

In other news, insider Richard John Burns sold 789 shares of Teradyne stock in a transaction dated 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 transaction, 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 legal filing with the SEC, which is accessible through this link. In other news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total transaction 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 represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Richard John Burns sold 789 shares of Teradyne stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total transaction 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. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,352 shares of company stock valued at $1,899,353. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Cantor Fitzgerald upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective on the stock in a research note on Friday, August 16th. Citigroup decreased their price target on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. JPMorgan Chase & Co. lifted their price target on Teradyne from $120.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, July 23rd. Northland Securities decreased their price target on Teradyne from $126.00 to $117.00 and set a “market perform” rating on the stock in a research note on Friday, October 25th. Finally, Stifel Nicolaus decreased their price target on Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $142.62.

About Teradyne

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.