SG Americas Securities LLC Has $15.59 Million Holdings in Teradyne, Inc. (NASDAQ:TER)

SG Americas Securities LLC raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 988.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 123,839 shares of the company's stock after purchasing an additional 112,459 shares during the quarter. SG Americas Securities LLC owned 0.08% of Teradyne worth $15,594,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of TER. Dakota Wealth Management boosted its holdings in shares of Teradyne by 3.1% during the fourth quarter. Dakota Wealth Management now owns 5,355 shares of the company's stock worth $674,000 after purchasing an additional 160 shares during the period. Bourgeon Capital Management LLC grew its holdings in shares of Teradyne by 0.7% during the 4th quarter. Bourgeon Capital Management LLC now owns 69,644 shares of the company's stock valued at $8,770,000 after acquiring an additional 497 shares in the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of Teradyne by 6.8% during the 4th quarter. Chesley Taft & Associates LLC now owns 14,590 shares of the company's stock valued at $1,837,000 after acquiring an additional 925 shares in the last quarter. Mitchell & Pahl Private Wealth LLC increased its stake in shares of Teradyne by 6.4% in the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 8,103 shares of the company's stock worth $1,020,000 after acquiring an additional 490 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Teradyne by 28.4% during the fourth quarter. UMB Bank n.a. now owns 701 shares of the company's stock worth $88,000 after acquiring an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Northland Securities upgraded Teradyne from a "market perform" rating to an "outperform" rating and boosted their target price for the company from $117.00 to $154.00 in a research note on Monday, January 6th. JPMorgan Chase & Co. upgraded Teradyne from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $145.00 to $158.00 in a report on Monday, December 16th. StockNews.com upgraded shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Sunday, October 27th. Stifel Nicolaus dropped their price target on shares of Teradyne from $140.00 to $125.00 and set a "hold" rating on the stock in a research note on Friday, October 25th. Finally, Susquehanna raised their price target on shares of Teradyne from $145.00 to $165.00 and gave the company a "positive" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $149.31.

Teradyne Stock Performance

Shares of Teradyne stock traded down $1.91 during trading on Friday, reaching $129.92. The company's stock had a trading volume of 2,253,957 shares, compared to its average volume of 2,309,069. Teradyne, Inc. has a one year low of $92.29 and a one year high of $163.21. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 2.25 and a beta of 1.46. The business's fifty day moving average price is $123.95 and its 200-day moving average price is $126.64.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The company had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same period in the previous year, the business posted $0.80 EPS. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Sell-side analysts anticipate that Teradyne, Inc. will post 3.17 EPS for the current year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, November 25th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.37%. The ex-dividend date was Monday, November 25th. Teradyne's payout ratio is currently 15.24%.

Teradyne declared that its Board of Directors has initiated a share repurchase plan on Monday, November 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 0.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Insider Activity at Teradyne

In related news, 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 sale, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. This represents a 3.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.36% of the stock is owned by corporate 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.