Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of Teradyne, Inc. (NASDAQ:TER) by 1.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 861,030 shares of the company’s stock after acquiring an additional 15,907 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Teradyne were worth $127,684,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Teradyne in the 2nd quarter valued at approximately $27,000. Rothschild Investment LLC acquired a new stake in Teradyne in the 2nd quarter valued at approximately $33,000. Tortoise Investment Management LLC raised its position in Teradyne by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock valued at $40,000 after purchasing an additional 118 shares during the period. Versant Capital Management Inc raised its position in Teradyne by 3,800.0% in the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock valued at $52,000 after purchasing an additional 342 shares during the period. Finally, Mather Group LLC. acquired a new position in Teradyne during the first quarter worth $53,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In related news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $128.77, for a total value of $80,481.25. Following the transaction, the director now owns 17,143 shares in the company, valued at approximately $2,207,504.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now directly owns 83,816 shares in the company, valued at approximately $10,896,080. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total transaction of $80,481.25. Following the completion of the transaction, the director now directly owns 17,143 shares in the company, valued at $2,207,504.11. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,483 shares of company stock worth $1,383,031. Company insiders own 0.36% of the company’s stock.

Teradyne Stock Performance

TER opened at $128.95 on Monday. The stock has a market capitalization of $20.13 billion, a P/E ratio of 49.03, a price-to-earnings-growth ratio of 2.62 and a beta of 1.49. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21. The business’s 50-day simple moving average is $131.76 and its 200-day simple moving average is $128.36.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. The company had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 earnings per share. On average, equities research analysts forecast that Teradyne, Inc. will post 3.02 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, September 5th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.37%. Teradyne’s dividend payout ratio is presently 18.25%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TER shares. KeyCorp boosted their price objective on Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, July 12th. UBS Group boosted their price target on shares of Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, June 18th. Northland Securities lowered their price objective on shares of Teradyne from $136.00 to $126.00 and set a “market perform” rating for the company in a research note on Friday, July 26th. Northland Capmk downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. Finally, The Goldman Sachs Group boosted their price target on shares of Teradyne from $118.00 to $161.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $141.50.

Teradyne Company Profile

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.