Boston Trust Walden Corp Acquires 13,020 Shares of Teradyne, Inc. (NASDAQ:TER)

Boston Trust Walden Corp raised its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 408,177 shares of the company's stock after acquiring an additional 13,020 shares during the quarter. Boston Trust Walden Corp owned about 0.25% of Teradyne worth $51,398,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TER. Creative Planning increased its holdings in shares of Teradyne by 17.0% during the 2nd quarter. Creative Planning now owns 16,848 shares of the company's stock valued at $2,498,000 after acquiring an additional 2,451 shares during the last quarter. Quarry LP grew its holdings in Teradyne by 256.1% during the second quarter. Quarry LP now owns 235 shares of the company's stock valued at $35,000 after purchasing an additional 169 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Teradyne during the second quarter valued at approximately $4,423,000. Massmutual Trust Co. FSB ADV lifted its stake in shares of Teradyne by 28.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 833 shares of the company's stock worth $112,000 after buying an additional 182 shares during the last quarter. Finally, Czech National Bank boosted its holdings in shares of Teradyne by 11.7% during the 3rd quarter. Czech National Bank now owns 33,240 shares of the company's stock worth $4,452,000 after buying an additional 3,492 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Northland Securities dropped their target price on shares of Teradyne from $154.00 to $140.00 and set an "outperform" rating on the stock in a report on Friday, January 31st. Susquehanna lifted their price objective on Teradyne from $145.00 to $165.00 and gave the stock a "positive" rating in a research note on Wednesday, January 22nd. StockNews.com upgraded Teradyne from a "sell" rating to a "hold" rating in a research note on Sunday, October 27th. UBS Group dropped their price target on Teradyne from $160.00 to $155.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Finally, Robert W. Baird reduced their target price on Teradyne from $140.00 to $133.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $143.77.

Teradyne Price Performance

Shares of Teradyne stock traded up $1.46 during trading on Thursday, hitting $114.07. 2,233,127 shares of the company were exchanged, compared to its average volume of 2,901,404. The firm has a market capitalization of $18.58 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 2.67 and a beta of 1.45. The firm's fifty day moving average price is $125.64 and its 200 day moving average price is $124.21. Teradyne, Inc. has a 1-year low of $95.80 and a 1-year high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, equities research analysts anticipate that Teradyne, Inc. will post 4.02 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Friday, February 14th. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Teradyne declared that its board has approved a share buyback program on Monday, November 11th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 0.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Insider Activity at Teradyne

In other Teradyne news, insider Richard John Burns sold 407 shares of Teradyne stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the sale, the insider now owns 20,764 shares in the company, valued at $2,502,269.64. The trade was a 1.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of the 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 transaction, the chief executive officer now owns 74,660 shares in the company, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,479 shares of company stock worth $1,013,134. 0.18% of the stock is owned by company insiders.

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.