Outlook Wealth Advisors LLC Purchases 155 Shares of Teradyne, Inc. (NASDAQ:TER)

Outlook Wealth Advisors LLC grew its position in shares of Teradyne, Inc. (NASDAQ:TER) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,212 shares of the company’s stock after buying an additional 155 shares during the period. Outlook Wealth Advisors LLC’s holdings in Teradyne were worth $404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Whittier Trust Co. increased its holdings in Teradyne by 10.2% in the third quarter. Whittier Trust Co. now owns 950 shares of the company’s stock valued at $127,000 after purchasing an additional 88 shares during the period. Wealth Alliance increased its stake in shares of Teradyne by 3.3% in the second quarter. Wealth Alliance now owns 3,044 shares of the company’s stock valued at $451,000 after buying an additional 98 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in shares of Teradyne by 10.2% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock worth $149,000 after acquiring an additional 103 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Teradyne by 1.7% in the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock worth $858,000 after acquiring an additional 104 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Teradyne by 3.1% in the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after acquiring an additional 105 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Trading Up 0.6 %

Shares of Teradyne stock opened at $134.93 on Thursday. The company has a market capitalization of $21.97 billion, a P/E ratio of 42.83, a price-to-earnings-growth ratio of 2.23 and a beta of 1.46. The stock has a fifty day simple moving average of $119.67 and a 200 day simple moving average of $127.22. Teradyne, Inc. has a 12-month low of $92.29 and a 12-month high of $163.21.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.78 by $0.12. Teradyne had a net margin of 18.75% and a return on equity of 18.56%. The company had revenue of $737.30 million during the quarter, compared to the consensus estimate of $716.40 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts predict that Teradyne, Inc. will post 3.17 EPS for the current year.

Teradyne announced that its Board of Directors has approved a share buyback plan on Monday, November 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to purchase up to 0.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, November 25th were issued a dividend of $0.12 per share. The ex-dividend date was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a yield of 0.36%. Teradyne’s dividend payout ratio (DPR) is currently 15.24%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on TER shares. Northland Securities upgraded shares of Teradyne from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $117.00 to $154.00 in a report on Monday, January 6th. Robert W. Baird lowered their target price on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $145.00 to $158.00 in a report on Monday, December 16th. StockNews.com raised Teradyne from a “sell” rating to a “hold” rating in a research note on Sunday, October 27th. Finally, Stifel Nicolaus lowered their price objective on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Teradyne has a consensus rating of “Moderate Buy” and a consensus price target of $150.33.

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.