Aberdeen Group plc Boosts Stake in Teradyne, Inc. $TER

Aberdeen Group plc boosted its position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,172 shares of the company’s stock after buying an additional 5,899 shares during the period. Aberdeen Group plc owned approximately 0.08% of Teradyne worth $23,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TER. McLean Asset Management Corp purchased a new stake in Teradyne during the fourth quarter valued at $207,000. Three Seasons Wealth LLC bought a new stake in shares of Teradyne in the 4th quarter worth about $897,000. Fifth Third Wealth Advisors LLC bought a new stake in shares of Teradyne in the 4th quarter valued at approximately $336,000. Affinity Wealth Management LLC boosted its holdings in shares of Teradyne by 1.8% in the 4th quarter. Affinity Wealth Management LLC now owns 44,431 shares of the company’s stock worth $8,600,000 after purchasing an additional 800 shares during the period. Finally, Silver Oak Securities Incorporated purchased a new position in shares of Teradyne in the 4th quarter worth approximately $1,121,000. 99.77% of the stock is currently owned by institutional investors.

More Teradyne News

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Teradyne Stock Performance

NASDAQ TER opened at $309.61 on Monday. The firm’s 50 day moving average price is $297.79 and its 200-day moving average price is $219.84. The company has a market cap of $48.47 billion, a PE ratio of 88.97, a P/E/G ratio of 1.92 and a beta of 1.79. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $344.92.

Teradyne (NASDAQ:TERGet Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business’s revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.95 EPS. On average, analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 13th. Teradyne’s payout ratio is 14.94%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TER. Morgan Stanley set a $306.00 price target on Teradyne in a report on Wednesday, February 11th. Evercore raised their target price on shares of Teradyne from $200.00 to $280.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Susquehanna restated a “positive” rating and set a $335.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. Bank of America increased their target price on Teradyne from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $275.53.

Check Out Our Latest Research Report on TER

Teradyne Profile

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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