LPL Financial LLC Has $11.03 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

LPL Financial LLC decreased its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,599 shares of the company's stock after selling 3,768 shares during the quarter. LPL Financial LLC owned 0.05% of Teradyne worth $11,030,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TER. Van ECK Associates Corp grew its position in Teradyne by 59.9% during the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company's stock worth $620,552,000 after purchasing an additional 1,846,079 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Teradyne during the 4th quarter worth about $12,118,000. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Teradyne by 17.6% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 77,092 shares of the company's stock valued at $10,325,000 after buying an additional 11,541 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Teradyne by 30.5% in the 3rd quarter. Franklin Resources Inc. now owns 88,879 shares of the company's stock valued at $11,878,000 after buying an additional 20,762 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in Teradyne by 16.2% in the fourth quarter. Empowered Funds LLC now owns 30,269 shares of the company's stock worth $3,811,000 after buying an additional 4,212 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. TD Cowen dropped their price target on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. Citigroup reduced their price target on Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Morgan Stanley lowered their price objective on Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a report on Friday, March 14th. JPMorgan Chase & Co. reduced their target price on Teradyne from $145.00 to $120.00 and set an "overweight" rating for the company in a report on Wednesday, March 12th. Finally, 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. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Teradyne has an average rating of "Moderate Buy" and an average price target of $121.44.

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Teradyne Price Performance

Shares of NASDAQ TER traded down $4.91 during mid-day trading on Tuesday, hitting $67.96. The company had a trading volume of 5,068,416 shares, compared to its average volume of 2,474,635. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $163.21. The firm has a market cap of $10.93 billion, a P/E ratio of 20.41, a PEG ratio of 2.83 and a beta of 1.65. The business's 50-day simple moving average is $99.30 and its 200-day simple moving average is $114.37.

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

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.71%. Teradyne's dividend payout ratio (DPR) is currently 14.41%.

Insider Activity

In other Teradyne news, VP Ryan Driscoll sold 437 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the transaction, the vice president now directly owns 4,312 shares in the company, valued at $439,824. The trade was a 9.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Richard John Burns sold 407 shares of the firm'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 transaction of $49,047.57. Following the sale, the insider now directly 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 three months, insiders have sold 5,399 shares of company stock worth $612,734. Corporate insiders own 0.36% of the company's stock.

About Teradyne

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.