Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Marshall Financial Group LLC

Marshall Financial Group LLC grew its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,785 shares of the company’s stock after purchasing an additional 230 shares during the period. Marshall Financial Group LLC’s holdings in Teradyne were worth $1,232,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Whittier Trust Co. lifted its holdings in shares of Teradyne by 10.2% during 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 last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Teradyne by 10.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock worth $149,000 after buying an additional 103 shares during the period. Thrivent Financial for Lutherans lifted its stake in Teradyne by 1.7% during the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Teradyne by 3.1% in the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock worth $434,000 after buying an additional 105 shares during the period. Finally, TD Private Client Wealth LLC increased its position in shares of Teradyne by 0.5% in the third quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock worth $2,666,000 after acquiring an additional 108 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.36% of the company’s stock.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $129.92 on Friday. The company’s fifty day moving average is $123.95 and its 200-day moving average is $126.46. Teradyne, Inc. has a 52 week low of $92.29 and a 52 week high of $163.21. The company has a market capitalization of $21.16 billion, a PE ratio of 41.24, a P/E/G ratio of 2.25 and a beta of 1.46.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $716.40 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. Teradyne’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, analysts forecast that Teradyne, Inc. will post 3.17 EPS for the current year.

Teradyne declared that its Board of Directors has initiated a share buyback plan on Monday, November 11th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 0.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Monday, November 25th were given 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 dividend yield of 0.37%. Teradyne’s payout ratio is 15.24%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TER. Robert W. Baird lowered their price target on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Morgan Stanley cut Teradyne from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $121.00 to $117.00 in a research note on Tuesday, January 21st. Evercore ISI increased their price target on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $145.00 to $158.00 in a report on Monday, December 16th. Finally, Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $149.31.

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.