Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,405,899 shares of the company's stock after acquiring an additional 92,428 shares during the period. Vanguard Group Inc. owned approximately 12.53% of Teradyne worth $2,569,511,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Van ECK Associates Corp increased its stake in Teradyne by 59.9% in the fourth 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 during the period. Raymond James Financial Inc. bought a new stake in Teradyne during the 4th quarter valued at about $160,087,000. Assenagon Asset Management S.A. boosted its position in Teradyne by 1,767.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 923,068 shares of the company's stock valued at $116,233,000 after buying an additional 873,626 shares during the period. Alkeon Capital Management LLC raised its stake in shares of Teradyne by 189.6% during the third quarter. Alkeon Capital Management LLC now owns 1,144,017 shares of the company's stock valued at $153,218,000 after acquiring an additional 749,003 shares in the last quarter. Finally, Holocene Advisors LP purchased a new stake in shares of Teradyne in the 3rd quarter worth $91,129,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Teradyne Price Performance

NASDAQ TER traded down $2.90 during mid-day trading on Friday, hitting $82.78. The stock had a trading volume of 2,363,794 shares, compared to its average volume of 2,392,806. The firm's 50 day moving average is $107.90 and its 200 day moving average is $117.43. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a twelve month low of $82.47 and a twelve month high of $163.21.

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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, equities research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.58%. Teradyne's payout ratio is 14.41%.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the business's stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sanjay Mehta sold 1,384 shares of the business's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $154,302.16. Following the transaction, the chief financial officer now owns 36,576 shares of the company's stock, valued at approximately $4,077,858.24. The trade was a 3.65 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,479 shares of company stock worth $1,013,134. 0.18% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. TD Cowen dropped their price objective 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. Vertical Research started coverage on Teradyne in a research note on Friday, March 7th. They set a "buy" rating and a $135.00 price target on the stock. Susquehanna lowered their price target on Teradyne from $165.00 to $155.00 and set a "positive" rating for the company in a research report on Wednesday, March 12th. Robert W. Baird reduced their price target on shares of Teradyne from $140.00 to $110.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Finally, JPMorgan Chase & Co. decreased their price objective on Teradyne from $145.00 to $120.00 and set an "overweight" rating for the company in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Teradyne has a consensus rating of "Moderate Buy" and an average target price of $121.44.

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.