Teradyne, Inc. $TER Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its position in shares of Teradyne, Inc. (NASDAQ:TER) by 100.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 315,828 shares of the company’s stock after purchasing an additional 158,249 shares during the period. Massachusetts Financial Services Co. MA owned 0.20% of Teradyne worth $43,471,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC grew its position in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after purchasing an additional 468 shares in the last quarter. Caxton Associates LLP acquired a new position in Teradyne in the 1st quarter valued at $297,000. Diversified Trust Co bought a new position in Teradyne in the 2nd quarter worth $469,000. UMB Bank n.a. lifted its position in Teradyne by 250.8% during the 2nd quarter. UMB Bank n.a. now owns 2,112 shares of the company’s stock worth $190,000 after acquiring an additional 1,510 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in Teradyne by 116.7% during the second quarter. Park Avenue Securities LLC now owns 6,598 shares of the company’s stock valued at $593,000 after acquiring an additional 3,553 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Teradyne Price Performance

Shares of TER stock opened at $231.89 on Thursday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $238.92. The stock has a fifty day moving average price of $197.25 and a 200 day moving average price of $150.48. The stock has a market cap of $36.32 billion, a P/E ratio of 84.32, a price-to-earnings-growth ratio of 1.61 and a beta of 1.84.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $769.21 million during the quarter, compared to analysts’ expectations of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS. Equities research analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, November 24th were paid a dividend of $0.12 per share. The ex-dividend date was Monday, November 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is currently 17.45%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction that occurred 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 sale, the chief executive officer directly owned 93,409 shares of the company’s stock, valued at approximately $18,804,165.79. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TER shares. Cantor Fitzgerald restated an “overweight” rating and set a $240.00 target price on shares of Teradyne in a research note on Tuesday, December 16th. Northland Securities set a $186.00 price target on Teradyne in a report on Thursday, October 30th. Morgan Stanley raised their price objective on shares of Teradyne from $100.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Susquehanna reaffirmed a “positive” rating and set a $275.00 target price on shares of Teradyne in a research report on Monday, January 12th. Finally, UBS Group upped their target price on shares of Teradyne from $165.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $200.44.

Teradyne Company 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.