Steward Partners Investment Advisory LLC purchased a new position in shares of Teradyne, Inc. (NYSE:TER) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 8,735 shares of the semiconductor company’s stock, valued at approximately $325,000.

Several other hedge funds also recently modified their holdings of the company. MML Investors Services LLC increased its stake in shares of Teradyne by 0.8% during the 2nd quarter. MML Investors Services LLC now owns 24,382 shares of the semiconductor company’s stock worth $732,000 after purchasing an additional 188 shares during the last quarter. IFP Advisors Inc increased its stake in shares of Teradyne by 4.6% during the 2nd quarter. IFP Advisors Inc now owns 4,806 shares of the semiconductor company’s stock worth $144,000 after purchasing an additional 211 shares during the last quarter. People s United Financial Inc. increased its stake in shares of Teradyne by 1.8% during the 2nd quarter. People s United Financial Inc. now owns 18,148 shares of the semiconductor company’s stock worth $545,000 after purchasing an additional 316 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in Teradyne by 1.6% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 35,078 shares of the semiconductor company’s stock valued at $691,000 after buying an additional 559 shares in the last quarter. Finally, Ameritas Investment Partners Inc. grew its stake in Teradyne by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 77,538 shares of the semiconductor company’s stock valued at $2,328,000 after buying an additional 592 shares in the last quarter. Institutional investors own 96.45% of the company’s stock.

Teradyne, Inc. (TER) opened at $42.37 on Tuesday. The company has a quick ratio of 4.67, a current ratio of 4.96 and a debt-to-equity ratio of 0.17. Teradyne, Inc. has a one year low of $25.24 and a one year high of $44.63. The firm has a market cap of $8,215.08, a P/E ratio of 19.04, a P/E/G ratio of 1.57 and a beta of 1.01.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.11. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. The firm had revenue of $503.40 million during the quarter, compared to the consensus estimate of $472.86 million. During the same period last year, the firm earned $0.31 EPS. The business’s quarterly revenue was up 22.6% compared to the same quarter last year. equities analysts predict that Teradyne, Inc. will post 2.22 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Wednesday, November 29th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Tuesday, November 28th. Teradyne’s payout ratio is 13.08%.

In other Teradyne news, VP Charles Jeffrey Gray sold 8,161 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $42.25, for a total value of $344,802.25. Following the completion of the transaction, the vice president now directly owns 31,500 shares of the company’s stock, valued at approximately $1,330,875. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Brad Robbins sold 12,045 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $42.19, for a total transaction of $508,178.55. Following the completion of the transaction, the insider now directly owns 7,126 shares of the company’s stock, valued at $300,645.94. The disclosure for this sale can be found here. Over the last three months, insiders sold 140,206 shares of company stock valued at $6,066,881. Insiders own 0.62% of the company’s stock.

TER has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research note on Thursday, August 24th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Teradyne in a research note on Friday, September 1st. KeyCorp reiterated a “buy” rating and issued a $40.00 price objective on shares of Teradyne in a research note on Tuesday, September 5th. Susquehanna Bancshares reiterated a “neutral” rating and issued a $41.00 price objective (up from $32.00) on shares of Teradyne in a research note on Monday, September 18th. Finally, Citigroup reiterated a “buy” rating and issued a $43.00 price objective on shares of Teradyne in a research note on Tuesday, September 19th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $42.45.

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Teradyne Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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