Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Erste Asset Management GmbH

Erste Asset Management GmbH lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 9.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 101,872 shares of the company's stock after acquiring an additional 9,000 shares during the period. Erste Asset Management GmbH owned 0.06% of Teradyne worth $13,285,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Teradyne by 122.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,816 shares of the company's stock worth $4,636,000 after acquiring an additional 20,232 shares during the period. AGF Management Ltd. raised its holdings in shares of Teradyne by 102.8% during the 4th quarter. AGF Management Ltd. now owns 3,236 shares of the company's stock worth $407,000 after acquiring an additional 1,640 shares during the period. Inspire Advisors LLC raised its holdings in shares of Teradyne by 341.7% during the 4th quarter. Inspire Advisors LLC now owns 24,664 shares of the company's stock worth $3,106,000 after acquiring an additional 19,080 shares during the period. Citizens Financial Group Inc. RI raised its holdings in shares of Teradyne by 5.8% during the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company's stock worth $283,000 after acquiring an additional 124 shares during the period. Finally, Channing Capital Management LLC raised its holdings in shares of Teradyne by 10.2% during the 4th quarter. Channing Capital Management LLC now owns 89,737 shares of the company's stock worth $11,300,000 after acquiring an additional 8,291 shares during the period. Hedge funds and other institutional investors own 99.77% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TER shares. Vertical Research started coverage on Teradyne in a report on Friday, March 7th. They set a "buy" rating and a $135.00 price target on the stock. TD Cowen cut their price objective on Teradyne from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. UBS Group set a $130.00 price objective on Teradyne and gave the stock a "buy" rating in a research report on Wednesday, March 12th. Northland Capmk raised Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Finally, Northland Securities cut their price objective on Teradyne from $154.00 to $140.00 and set an "outperform" rating for the company in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Teradyne currently has an average rating of "Moderate Buy" and an average price target of $121.44.

Teradyne Stock Down 1.4 %

NASDAQ TER traded down $1.30 during trading on Tuesday, hitting $88.87. The stock had a trading volume of 3,673,955 shares, compared to its average volume of 2,275,994. The firm has a 50 day moving average price of $116.61 and a 200 day moving average price of $119.88. The company has a market capitalization of $14.37 billion, a PE ratio of 26.69, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's payout ratio is presently 14.41%.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the business's stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard John Burns sold 407 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $49,047.57. Following the sale, the insider now owns 20,764 shares of the company's stock, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,479 shares of company stock worth $1,013,134. 0.36% of the stock is currently owned by company insiders.

Teradyne Profile

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.