Mather Group LLC. Invests $53,000 in Teradyne, Inc. (NASDAQ:TER)

Mather Group LLC. acquired a new stake in Teradyne, Inc. (NASDAQ:TER) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 485 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CVA Family Office LLC acquired a new stake in shares of Teradyne in the fourth quarter valued at about $33,000. American National Bank acquired a new stake in Teradyne in the 4th quarter valued at about $37,000. Cambridge Trust Co. purchased a new position in Teradyne in the 4th quarter worth approximately $38,000. Advantage Trust Co acquired a new position in shares of Teradyne during the 4th quarter worth approximately $54,000. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of Teradyne by 24.0% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company’s stock valued at $56,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Up 0.3 %

NASDAQ:TER opened at $148.45 on Monday. The company has a market cap of $23.17 billion, a price-to-earnings ratio of 56.44, a price-to-earnings-growth ratio of 2.79 and a beta of 1.51. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $152.23. The company has a fifty day simple moving average of $129.51 and a two-hundred day simple moving average of $113.29.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The company had revenue of $599.82 million for the quarter, compared to analyst estimates of $566.31 million. During the same quarter last year, the company earned $0.55 EPS. Teradyne’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, analysts expect that Teradyne, Inc. will post 3.04 EPS for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Wednesday, May 22nd were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date was Tuesday, May 21st. Teradyne’s dividend payout ratio is presently 18.25%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TER shares. Cantor Fitzgerald reissued a “neutral” rating and set a $110.00 price objective on shares of Teradyne in a research note on Thursday, April 25th. UBS Group lifted their price target on shares of Teradyne from $130.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, June 18th. KeyCorp increased their price objective on Teradyne from $140.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 21st. JPMorgan Chase & Co. lifted their target price on Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, Susquehanna raised their price objective on Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research report on Friday, April 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.85.

Insider Activity

In other Teradyne news, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $121.20, for a total transaction of $75,750.00. Following the completion of the sale, the director now directly owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Teradyne news, insider Richard John Burns sold 5,005 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $137.64, for a total transaction of $688,888.20. Following the transaction, the insider now directly owns 21,780 shares of the company’s stock, valued at approximately $2,997,799.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now directly owns 17,142 shares in the company, valued at approximately $2,077,610.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,005 shares of company stock worth $1,304,763. 0.36% of the stock is currently owned by corporate insiders.

Teradyne 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.