EverSource Wealth Advisors LLC Purchases 122 Shares of Teradyne, Inc. (NASDAQ:TER)

EverSource Wealth Advisors LLC boosted its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 3.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 3,469 shares of the company’s stock after acquiring an additional 122 shares during the period. EverSource Wealth Advisors LLC’s holdings in Teradyne were worth $514,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Mitchell & Pahl Private Wealth LLC increased its holdings in Teradyne by 1.1% during the 2nd quarter. Mitchell & Pahl Private Wealth LLC now owns 7,244 shares of the company’s stock worth $1,074,000 after purchasing an additional 79 shares in the last quarter. Blair William & Co. IL raised its position in shares of Teradyne by 0.6% in the first quarter. Blair William & Co. IL now owns 15,004 shares of the company’s stock valued at $1,693,000 after purchasing an additional 83 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in shares of Teradyne by 17.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 651 shares of the company’s stock worth $97,000 after acquiring an additional 96 shares in the last quarter. Wealth Alliance lifted its holdings in Teradyne by 3.3% during the 2nd quarter. Wealth Alliance now owns 3,044 shares of the company’s stock worth $451,000 after purchasing an additional 98 shares in the last quarter. Finally, Quent Capital LLC boosted its position in shares of Teradyne by 6.0% in the second quarter. Quent Capital LLC now owns 1,868 shares of the company’s stock valued at $277,000 after acquiring an additional 105 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TER has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their price target on shares of Teradyne from $118.00 to $161.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th. Stifel Nicolaus boosted their price target on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a report on Tuesday, July 16th. Citigroup cut their target price on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. UBS Group upped their price target on Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, June 18th. Finally, Cantor Fitzgerald raised shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 target price on the stock in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Teradyne presently has an average rating of “Hold” and an average target price of $141.50.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now directly owns 83,816 shares in the company, valued at $10,896,080. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was 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 83,816 shares in the company, valued at $10,896,080. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the completion of the transaction, the director now directly owns 16,518 shares of the company’s stock, valued at approximately $2,204,987.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,483 shares of company stock worth $1,383,031. Company insiders own 0.36% of the company’s stock.

Teradyne Stock Up 0.6 %

NASDAQ TER opened at $129.69 on Tuesday. The firm has a market capitalization of $20.25 billion, a P/E ratio of 49.31, a PEG ratio of 2.62 and a beta of 1.49. The company has a 50-day moving average price of $131.76 and a 200-day moving average price of $128.51. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.09. The business had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm earned $0.79 earnings per share. As a group, equities research analysts anticipate that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, September 5th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Thursday, September 5th. Teradyne’s dividend payout ratio is 18.25%.

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.