Fifth Third Wealth Advisors LLC Makes New $336,000 Investment in Teradyne, Inc. $TER

Fifth Third Wealth Advisors LLC bought a new stake in Teradyne, Inc. (NASDAQ:TERFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,738 shares of the company’s stock, valued at approximately $336,000.

Several other large investors have also modified their holdings of TER. Root Financial Partners LLC purchased a new stake in shares of Teradyne in the third quarter valued at about $31,000. Davidson Capital Management Inc. purchased a new position in Teradyne during the third quarter worth about $31,000. CYBER HORNET ETFs LLC acquired a new stake in Teradyne in the second quarter valued at about $35,000. Hemington Wealth Management boosted its holdings in Teradyne by 43.2% in the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock valued at $36,000 after purchasing an additional 79 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Teradyne in the 3rd quarter valued at approximately $41,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

NASDAQ:TER opened at $309.61 on Friday. The company has a market capitalization of $48.47 billion, a PE ratio of 88.97, a price-to-earnings-growth 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. The stock has a fifty day simple moving average of $297.79 and a 200-day simple moving average of $218.37.

Teradyne (NASDAQ:TERGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.95 EPS. As a group, equities analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

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

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

Analyst Ratings Changes

Several research firms have recently commented on TER. Royal Bank Of Canada set a $270.00 price target on Teradyne in a report on Monday, February 2nd. Morgan Stanley set a $306.00 price objective on Teradyne in a report on Wednesday, February 11th. Citigroup raised their target price on Teradyne from $215.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Stifel Nicolaus set a $325.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradyne in a research note on Thursday, January 22nd. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $275.53.

Get 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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