Generali Investments Management Co LLC Raises Holdings in Teradyne, Inc. $TER

Generali Investments Management Co LLC boosted its position in Teradyne, Inc. (NASDAQ:TER) by 25.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,768 shares of the company’s stock after purchasing an additional 3,437 shares during the quarter. Generali Investments Management Co LLC’s holdings in Teradyne were worth $2,308,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new position in shares of Teradyne in the third quarter worth about $31,000. CYBER HORNET ETFs LLC purchased a new position in Teradyne in the 2nd quarter worth approximately $35,000. Hemington Wealth Management boosted its holdings in shares of Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after purchasing an additional 79 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Teradyne in the second quarter valued at approximately $43,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Teradyne in the third quarter valued at approximately $47,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Activity

In related news, CEO Gregory Stephen Smith sold 1,108 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer directly owned 93,409 shares in the company, valued at $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Teradyne Price Performance

NASDAQ TER opened at $332.70 on Friday. The company has a market capitalization of $52.09 billion, a price-to-earnings ratio of 95.60, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $344.92. The company’s fifty day moving average price is $252.19 and its two-hundred day moving average price is $184.66.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $970.44 million. During the same period last year, the firm earned $0.95 earnings per share. The company’s revenue for the quarter was up 43.9% compared to the same quarter last year. As a group, analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, February 13th. Teradyne’s dividend payout ratio is currently 14.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Citigroup boosted their price target on shares of Teradyne from $215.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald raised their price objective on shares of Teradyne from $240.00 to $270.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Northland Securities reiterated a “market perform” rating and issued a $270.00 target price on shares of Teradyne in a report on Wednesday, February 4th. Finally, Morgan Stanley set a $306.00 price target on shares of Teradyne in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $256.24.

Teradyne Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.