V Square Quantitative Management LLC Has $250,000 Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

V Square Quantitative Management LLC lifted its holdings in Teradyne, Inc. (NASDAQ:TER) by 21.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,867 shares of the company’s stock after acquiring an additional 335 shares during the quarter. V Square Quantitative Management LLC’s holdings in Teradyne were worth $250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Teradyne by 3.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,260 shares of the company’s stock worth $2,579,000 after acquiring an additional 626 shares in the last quarter. Secure Asset Management LLC purchased a new stake in shares of Teradyne during the third quarter worth $549,000. Bleakley Financial Group LLC raised its holdings in shares of Teradyne by 5.2% during the third quarter. Bleakley Financial Group LLC now owns 8,972 shares of the company’s stock worth $1,202,000 after acquiring an additional 441 shares in the last quarter. Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Teradyne by 5.1% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 7,613 shares of the company’s stock worth $1,020,000 after acquiring an additional 369 shares in the last quarter. Finally, Patton Fund Management Inc. purchased a new stake in shares of Teradyne during the third quarter worth $4,191,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TER shares. Stifel Nicolaus raised their target price on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a report on Tuesday, July 16th. KeyCorp lifted their price objective on Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Craig Hallum downgraded Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a research report on Friday, July 26th. Cantor Fitzgerald raised Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 target price on the stock in a research report on Friday, August 16th. Finally, Evercore ISI lifted their target price on Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $142.57.

Insider Transactions at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction that occurred on 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 directly owns 17,143 shares of the company’s stock, valued at $2,207,504.11. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the completion of the transaction, the director now owns 17,143 shares in the company, valued at $2,207,504.11. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Sanjay Mehta sold 6,153 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the completion of the transaction, the chief financial officer now owns 35,834 shares of the company’s stock, valued at $4,768,072.04. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,977 shares of company stock valued at $1,979,834 in the last three months. 0.36% of the stock is owned by corporate insiders.

Teradyne Price Performance

Shares of TER opened at $126.04 on Monday. The company has a market capitalization of $20.57 billion, a P/E ratio of 41.46, a PEG ratio of 2.58 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 $130.24 and its 200-day simple moving average is $131.63.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.77 by $0.09. The business had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. Teradyne’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS. On average, sell-side analysts anticipate that Teradyne, Inc. will post 3.02 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Thursday, September 5th. Teradyne’s payout ratio is currently 15.79%.

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.