Vanguard Personalized Indexing Management LLC Increases Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Vanguard Personalized Indexing Management LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 27.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,703 shares of the company’s stock after purchasing an additional 3,865 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Teradyne were worth $2,606,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mitchell & Pahl Private Wealth LLC grew its position in shares of Teradyne by 1.1% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 7,244 shares of the company’s stock worth $1,074,000 after acquiring an additional 79 shares during the last quarter. Blair William & Co. IL grew its position in Teradyne by 0.6% in the 1st quarter. Blair William & Co. IL now owns 15,004 shares of the company’s stock valued at $1,693,000 after buying an additional 83 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in Teradyne by 17.3% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 651 shares of the company’s stock valued at $97,000 after buying an additional 96 shares during the last quarter. Wealth Alliance grew its position in Teradyne by 3.3% in the 2nd 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 last quarter. Finally, Quent Capital LLC grew its position in Teradyne by 6.0% in the 2nd quarter. Quent Capital LLC now owns 1,868 shares of the company’s stock valued at $277,000 after buying an additional 105 shares during the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Teradyne

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on TER. The Goldman Sachs Group raised their target price on Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Northland Securities reduced their target price on Teradyne from $136.00 to $126.00 and set a “market perform” rating for the company in a report on Friday, July 26th. Robert W. Baird lifted their price target on Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. KeyCorp lifted their price target on Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Finally, Evercore ISI downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Teradyne has an average rating of “Hold” and a consensus price target of $141.50.

Teradyne Price Performance

TER opened at $128.95 on Friday. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 49.03, a price-to-earnings-growth ratio of 2.62 and a beta of 1.49. The business has a 50-day moving average of $131.76 and a two-hundred day moving average of $128.18. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21.

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

Teradyne Dividend Announcement

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 is Thursday, September 5th. Teradyne’s payout ratio is currently 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.