Whittier Trust Co. Has $212,000 Holdings in Teradyne, Inc. (NASDAQ:TER)

Whittier Trust Co. lowered its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 96.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,881 shares of the company's stock after selling 48,701 shares during the quarter. Whittier Trust Co.'s holdings in Teradyne were worth $212,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Marshall Financial Group LLC lifted its stake in shares of Teradyne by 1.2% in the 4th quarter. Marshall Financial Group LLC now owns 8,251 shares of the company's stock valued at $895,000 after purchasing an additional 96 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in Teradyne by 24.0% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company's stock valued at $56,000 after acquiring an additional 100 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in Teradyne by 4.8% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,346 shares of the company's stock valued at $255,000 after purchasing an additional 107 shares during the period. Congress Asset Management Co. MA boosted its stake in shares of Teradyne by 2.9% in the 4th quarter. Congress Asset Management Co. MA now owns 3,860 shares of the company's stock valued at $419,000 after buying an additional 110 shares during the period. Finally, Meritage Group LP increased its stake in shares of Teradyne by 5.3% during the fourth quarter. Meritage Group LP now owns 2,218 shares of the company's stock worth $241,000 after buying an additional 111 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Mercedes Johnson sold 625 shares of the company's stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $143.84, for a total value of $89,900.00. Following the completion of the sale, the director now owns 18,393 shares in the company, valued at approximately $2,645,649.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Teradyne news, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction on Monday, May 20th. The stock was sold at an average price of $137.64, for a total value of $688,888.20. Following the completion of the transaction, the insider now owns 21,780 shares in the company, valued at approximately $2,997,799.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $143.84, for a total transaction of $89,900.00. Following the sale, the director now directly owns 18,393 shares in the company, valued at approximately $2,645,649.12. The disclosure for this sale can be found here. Insiders have sold 10,005 shares of company stock worth $1,304,763 in the last ninety days. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on Teradyne from $100.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, April 11th. Susquehanna upped their price objective on Teradyne from $125.00 to $130.00 and gave the company a "positive" rating in a research note on Friday, April 26th. UBS Group increased their price target on Teradyne from $130.00 to $170.00 and gave the stock a "buy" rating in a report on Tuesday, June 18th. Cantor Fitzgerald reissued a "neutral" rating and issued a $110.00 price objective on shares of Teradyne in a research note on Thursday, April 25th. Finally, The Goldman Sachs Group lifted their price objective on Teradyne from $118.00 to $161.00 and gave the company a "buy" rating in a report on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Teradyne currently has an average rating of "Moderate Buy" and an average price target of $125.85.

Teradyne Stock Up 3.7 %

Shares of TER traded up $5.65 during mid-day trading on Wednesday, hitting $159.13. The stock had a trading volume of 1,782,236 shares, compared to its average volume of 1,997,298. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $159.61. The company's fifty day simple moving average is $141.06 and its two-hundred day simple moving average is $117.82. The company has a market cap of $24.84 billion, a PE ratio of 60.51, a PEG ratio of 2.91 and a beta of 1.50.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business had revenue of $599.82 million during the quarter, compared to analyst estimates of $566.31 million. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The company's quarterly revenue was down 2.9% on a year-over-year basis. Equities analysts expect that Teradyne, Inc. will post 3.04 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Wednesday, May 22nd were paid a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 21st. This represents a $0.48 annualized dividend and a yield of 0.30%. Teradyne's dividend payout ratio is currently 18.25%.

Teradyne Company 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.