Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC increased its holdings in Teradyne, Inc. (NASDAQ:TER) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,972 shares of the company’s stock after acquiring an additional 441 shares during the quarter. Bleakley Financial Group LLC’s holdings in Teradyne were worth $1,202,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TER. Mitchell & Pahl Private Wealth LLC increased its holdings in Teradyne by 1.1% in the second quarter. Mitchell & Pahl Private Wealth LLC now owns 7,244 shares of the company’s stock valued at $1,074,000 after buying an additional 79 shares during the last quarter. Blair William & Co. IL increased its holdings in 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 buying an additional 83 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in Teradyne by 17.3% in the second 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 increased its holdings in Teradyne by 3.3% in the second 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 increased its holdings in 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 buying an additional 105 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on TER. Robert W. Baird upped their target price on Teradyne from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Northland Capmk lowered Teradyne from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 18th. StockNews.com lowered Teradyne from a “hold” rating to a “sell” rating in a report on Monday. Citigroup lowered their target price on Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a report on Friday, July 26th. Finally, Northland Securities lowered 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. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $142.57.

Insiders Place Their Bets

In other news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total transaction of $83,000.00. Following the completion of the sale, the director now directly owns 15,893 shares of the company’s stock, valued at $2,110,590.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $83,000.00. Following the completion of the sale, the director now owns 15,893 shares of the company’s stock, valued at $2,110,590.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Richard John Burns sold 789 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $104,779.20. Following the sale, the insider now owns 21,864 shares of the company’s stock, valued at approximately $2,903,539.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,977 shares of company stock worth $1,979,834 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Teradyne Price Performance

TER opened at $126.04 on Monday. The company has a market capitalization of $20.57 billion, a price-to-earnings ratio of 41.46, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $163.21. The business has a 50 day moving average price of $130.24 and a two-hundred day moving average price of $131.63.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. The firm had revenue of $729.88 million during the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.79 earnings per share. Equities analysts expect that Teradyne, Inc. will post 3.02 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.38%. Teradyne’s dividend payout ratio (DPR) is 15.79%.

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.