Cetera Investment Advisers Has $1.70 Million Stock Holdings in Teradyne, Inc. $TER

Cetera Investment Advisers increased its position in shares of Teradyne, Inc. (NASDAQ:TER) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,913 shares of the company’s stock after acquiring an additional 366 shares during the quarter. Cetera Investment Advisers’ holdings in Teradyne were worth $1,701,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TER. AQR Capital Management LLC raised its holdings in Teradyne by 1,612.4% in the first quarter. AQR Capital Management LLC now owns 1,404,752 shares of the company’s stock worth $113,251,000 after purchasing an additional 1,322,716 shares during the period. Goldman Sachs Group Inc. raised its stake in Teradyne by 224.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,851,684 shares of the company’s stock worth $152,949,000 after buying an additional 1,280,120 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Teradyne by 26.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company’s stock worth $286,634,000 after acquiring an additional 652,175 shares in the last quarter. American Century Companies Inc. lifted its holdings in Teradyne by 124.3% during the first quarter. American Century Companies Inc. now owns 1,120,250 shares of the company’s stock worth $92,533,000 after acquiring an additional 620,918 shares in the last quarter. Finally, Woodline Partners LP grew its stake in Teradyne by 27,928.3% in the first quarter. Woodline Partners LP now owns 609,896 shares of the company’s stock valued at $50,377,000 after acquiring an additional 607,720 shares during the period. Institutional investors own 99.77% of the company’s stock.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $180.20, for a total value of $199,661.60. Following the sale, the chief executive officer owned 94,517 shares of the company’s stock, valued at approximately $17,031,963.40. The trade was a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 3,324 shares of company stock valued at $494,318 over the last 90 days. 0.16% of the stock is currently owned by insiders.

Teradyne Stock Up 1.4%

Shares of TER opened at $181.82 on Monday. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $191.56. The stock has a market capitalization of $28.47 billion, a P/E ratio of 66.11, a P/E/G ratio of 3.64 and a beta of 1.90. The company has a 50 day moving average of $155.93 and a 200-day moving average of $118.52.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, October 29th. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.78 by $0.07. The business had revenue of $769.21 million during the quarter, compared to analysts’ expectations of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 earnings per share. On average, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th will be issued a $0.12 dividend. The ex-dividend date is Monday, November 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Teradyne’s dividend payout ratio (DPR) is presently 17.45%.

Wall Street Analyst Weigh In

TER has been the topic of a number of research analyst reports. Northland Securities set a $186.00 price target on Teradyne in a research report on Thursday, October 30th. Citigroup increased their target price on Teradyne from $117.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Robert W. Baird set a $195.00 price target on shares of Teradyne in a research note on Friday, October 31st. UBS Group upped their price target on shares of Teradyne from $165.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of Teradyne from a “sell” rating to a “hold” rating in a report on Monday, September 1st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Teradyne currently has an average rating of “Moderate Buy” and a consensus price target of $171.25.

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.