Ethos Financial Group LLC Purchases Shares of 2,157 Teradyne, Inc. $TER

Ethos Financial Group LLC purchased a new stake in Teradyne, Inc. (NASDAQ:TER) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,157 shares of the company’s stock, valued at approximately $418,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teradyne during the fourth quarter worth $37,000. True Wealth Design LLC raised its position in Teradyne by 49.6% during the fourth quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after acquiring an additional 70 shares in the last quarter. Root Financial Partners LLC bought a new stake in Teradyne during the third quarter worth $31,000. Davidson Capital Management Inc. bought a new stake in Teradyne during the third quarter worth $31,000. Finally, Hemington Wealth Management raised its position in Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after acquiring an additional 79 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

Shares of TER opened at $315.43 on Tuesday. The firm has a market capitalization of $49.38 billion, a PE ratio of 90.64, a PEG ratio of 1.92 and a beta of 1.79. The company’s 50-day moving average is $299.46 and its 200-day moving average is $221.22. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $344.92.

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

Teradyne Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on TER. TD Cowen reaffirmed a “buy” rating on shares of Teradyne in a research report on Thursday, January 22nd. Vertical Research lowered shares of Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research report on Friday, January 9th. Wall Street Zen raised shares of Teradyne from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Robert W. Baird increased their price objective on shares of Teradyne from $305.00 to $332.00 and gave the company an “outperform” rating in a research report on Monday, March 30th. Finally, Evercore increased their price objective on shares of Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus target price of $275.53.

Teradyne Company Profile

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.