Dimensional Fund Advisors LP increased its position in shares of Teradyne, Inc. (NYSE:TER) by 0.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,412,138 shares of the semiconductor company’s stock after purchasing an additional 7,596 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.72% of Teradyne worth $53,758,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Legal & General Group Plc increased its position in shares of Teradyne by 1.0% during the second quarter. Legal & General Group Plc now owns 564,672 shares of the semiconductor company’s stock worth $21,496,000 after purchasing an additional 5,610 shares in the last quarter. Pinebridge Investments L.P. increased its position in shares of Teradyne by 18.7% during the second quarter. Pinebridge Investments L.P. now owns 92,095 shares of the semiconductor company’s stock worth $3,507,000 after purchasing an additional 14,484 shares in the last quarter. Mutual of America Capital Management LLC increased its position in shares of Teradyne by 2.4% during the second quarter. Mutual of America Capital Management LLC now owns 163,969 shares of the semiconductor company’s stock worth $6,242,000 after purchasing an additional 3,784 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Teradyne by 4.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 947,486 shares of the semiconductor company’s stock worth $36,071,000 after purchasing an additional 43,387 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Teradyne by 9.0% during the second quarter. Russell Investments Group Ltd. now owns 640,873 shares of the semiconductor company’s stock worth $24,278,000 after purchasing an additional 52,761 shares in the last quarter. Hedge funds and other institutional investors own 99.41% of the company’s stock.

Several analysts recently commented on the company. Robert W. Baird reiterated a “buy” rating and set a $46.00 price target on shares of Teradyne in a research report on Thursday, July 26th. ValuEngine upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd. Zacks Investment Research upgraded Teradyne from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 28th. Cowen boosted their price target on Teradyne from $40.00 to $45.00 and gave the stock a “market perform” rating in a research report on Thursday, July 26th. Finally, DA Davidson boosted their price target on Teradyne to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, July 26th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Teradyne presently has a consensus rating of “Buy” and a consensus target price of $47.67.

NYSE TER opened at $37.04 on Thursday. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 1.40 and a beta of 1.27. The company has a current ratio of 4.19, a quick ratio of 3.89 and a debt-to-equity ratio of 0.21. Teradyne, Inc. has a fifty-two week low of $32.06 and a fifty-two week high of $50.68.

Teradyne (NYSE:TER) last released its quarterly earnings data on Tuesday, July 24th. The semiconductor company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.10. The company had revenue of $527.00 million for the quarter, compared to analyst estimates of $508.52 million. Teradyne had a return on equity of 20.82% and a net margin of 9.29%. The firm’s revenue for the quarter was down 24.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 earnings per share. equities analysts anticipate that Teradyne, Inc. will post 2.09 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Wednesday, September 5th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Tuesday, September 4th. Teradyne’s dividend payout ratio (DPR) is currently 15.38%.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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