Axa S.A. Has $121.50 Million Position in Teradyne, Inc. (NASDAQ:TER)

Axa S.A. lifted its holdings in Teradyne, Inc. (NASDAQ:TER) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 819,350 shares of the company’s stock after purchasing an additional 7,709 shares during the quarter. Axa S.A. owned about 0.52% of Teradyne worth $121,501,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Van ECK Associates Corp raised its stake in shares of Teradyne by 10.4% in the 1st quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock valued at $543,278,000 after purchasing an additional 453,926 shares during the period. KBC Group NV raised its position in Teradyne by 1,544.3% in the 4th quarter. KBC Group NV now owns 473,221 shares of the company’s stock valued at $51,354,000 after buying an additional 444,442 shares during the last quarter. Swedbank AB lifted its stake in Teradyne by 198.8% in the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock valued at $95,145,000 after acquiring an additional 426,900 shares in the last quarter. Ossiam boosted its position in Teradyne by 13,540.0% during the 1st quarter. Ossiam now owns 419,977 shares of the company’s stock worth $47,386,000 after acquiring an additional 416,898 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Teradyne by 4,854.1% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock worth $44,907,000 after acquiring an additional 389,975 shares in the last quarter. 99.77% of the stock is owned by institutional investors.

Insider Activity

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the completion of the sale, the director now owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Sanjay Mehta sold 6,153 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the transaction, the chief financial officer now owns 35,834 shares in the company, valued at $4,768,072.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $128.77, for a total transaction of $80,481.25. Following the sale, the director now directly owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,483 shares of company stock valued at $1,383,031. 0.36% of the stock is owned by company insiders.

Teradyne Stock Performance

Shares of TER stock opened at $131.02 on Wednesday. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21. The company has a market capitalization of $21.38 billion, a price-to-earnings ratio of 49.82, a PEG ratio of 2.66 and a beta of 1.49. The company has a 50-day simple moving average of $130.52 and a 200 day simple moving average of $128.82.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. The company had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The business’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.79 earnings per share. Sell-side analysts forecast that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently commented on TER shares. Craig Hallum cut shares of Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price for the company. in a report on Friday, July 26th. Robert W. Baird raised their price objective on Teradyne from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Northland Securities dropped their target price on Teradyne from $136.00 to $126.00 and set a “market perform” rating on the stock in a report on Friday, July 26th. JPMorgan Chase & Co. raised 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. Finally, Evercore ISI cut Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Teradyne has an average rating of “Hold” and a consensus price target of $141.50.

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.