EP Wealth Advisors LLC Buys 1,022 Shares of Teradyne, Inc. (NASDAQ:TER)

EP Wealth Advisors LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 51.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,027 shares of the company’s stock after buying an additional 1,022 shares during the period. EP Wealth Advisors LLC’s holdings in Teradyne were worth $449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new position in Teradyne during the 2nd quarter worth about $27,000. Rothschild Investment LLC purchased a new position in Teradyne during the second quarter valued at approximately $33,000. Quarry LP lifted its holdings in Teradyne by 256.1% during the second quarter. Quarry LP now owns 235 shares of the company’s stock worth $35,000 after buying an additional 169 shares during the period. Tortoise Investment Management LLC grew its stake in Teradyne by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock valued at $40,000 after purchasing an additional 118 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in Teradyne by 3,800.0% in the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after purchasing an additional 342 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Richard John Burns sold 789 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total transaction of $104,779.20. Following the completion of the transaction, the insider now owns 21,864 shares in the company, valued at approximately $2,903,539.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Richard John Burns sold 789 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total transaction of $104,779.20. Following the completion of the sale, the insider now owns 21,864 shares of the company’s stock, valued at approximately $2,903,539.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $80,481.25. Following the transaction, the director now owns 17,143 shares in the company, valued at $2,207,504.11. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,977 shares of company stock worth $1,979,834. Company insiders own 0.36% of the company’s stock.

Teradyne Trading Down 1.8 %

Shares of TER stock opened at $129.01 on Friday. The stock has a market cap of $20.14 billion, a P/E ratio of 49.05, a P/E/G ratio of 2.76 and a beta of 1.49. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $163.21. The stock has a 50 day moving average of $128.59 and a 200 day moving average of $129.80.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results 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. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The firm had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. During the same period in the prior year, the firm posted $0.79 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, research analysts predict that Teradyne, Inc. will post 3.02 earnings per share for the current fiscal year.

Teradyne Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms recently commented on TER. JPMorgan Chase & Co. boosted their price objective on shares of Teradyne from $120.00 to $145.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Craig Hallum lowered Teradyne from a “buy” rating to a “hold” rating and set a $124.00 price objective for the company. in a report on Friday, July 26th. Robert W. Baird boosted their target price on Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Northland Capmk cut Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. Finally, Susquehanna boosted their price target on Teradyne from $130.00 to $145.00 and gave the stock a “positive” rating in a research note on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $141.50.

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.