Aspen Wealth Strategies LLC Buys Shares of 4,193 Teradyne, Inc. $TER

Aspen Wealth Strategies LLC bought a new position in Teradyne, Inc. (NASDAQ:TERFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,193 shares of the company’s stock, valued at approximately $577,000.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock worth $2,947,935,000 after buying an additional 444,940 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Teradyne by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock valued at $442,413,000 after acquiring an additional 143,058 shares in the last quarter. Federated Hermes Inc. boosted its position in Teradyne by 79.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock worth $340,353,000 after acquiring an additional 1,679,215 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Teradyne by 11.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after purchasing an additional 354,876 shares in the last quarter. Finally, Primecap Management Co. CA increased its holdings in shares of Teradyne by 58.6% during the second quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock valued at $274,036,000 after purchasing an additional 1,125,868 shares during the period. Institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Susquehanna reaffirmed a “positive” rating and issued a $335.00 price objective on shares of Teradyne in a report on Wednesday, February 4th. Robert W. Baird set a $305.00 price target on shares of Teradyne in a research note on Wednesday, February 4th. iA Financial set a $175.00 price objective on shares of Teradyne in a report on Tuesday, October 28th. Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Northland Securities restated a “market perform” rating and issued a $270.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $256.24.

View Our Latest Stock Analysis on TER

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares in the company, valued at approximately $18,804,165.79. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Teradyne Stock Up 3.3%

Shares of NASDAQ TER opened at $329.09 on Wednesday. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $332.42. The company has a market cap of $51.52 billion, a price-to-earnings ratio of 94.57, a P/E/G ratio of 1.98 and a beta of 1.83. The business has a fifty day simple moving average of $246.19 and a 200-day simple moving average of $182.50.

Teradyne (NASDAQ:TERGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.44. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.95 EPS. As a group, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, February 13th. Teradyne’s dividend payout ratio (DPR) is 14.94%.

Key Headlines Impacting Teradyne

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About Teradyne

(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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