1,400 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by Evergreen Capital Management LLC

Evergreen Capital Management LLC bought a new stake in shares of Teradyne, Inc. (NASDAQ:TER) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,400 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Teradyne by 0.7% during the first quarter. Vanguard Group Inc. now owns 18,421,186 shares of the company’s stock valued at $2,078,462,000 after acquiring an additional 135,286 shares in the last quarter. Van ECK Associates Corp grew its position in Teradyne by 10.4% during the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock worth $543,278,000 after buying an additional 453,926 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in Teradyne by 1.3% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,603,123 shares of the company’s stock worth $682,597,000 after acquiring an additional 57,989 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Teradyne by 14.6% in the 1st quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock valued at $342,178,000 after acquiring an additional 385,115 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Teradyne by 3.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,182,136 shares of the company’s stock valued at $246,210,000 after acquiring an additional 68,924 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a research note on Tuesday, July 16th. Northland Capmk cut shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. Susquehanna upped their target price on shares of Teradyne from $130.00 to $145.00 and gave the stock a “positive” rating in a research report on Friday, July 26th. Craig Hallum cut Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a research note on Friday, July 26th. Finally, Robert W. Baird lifted their price target on Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $141.50.

Insider Transactions at Teradyne

In related news, Director Mercedes Johnson sold 625 shares of the company’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 transaction 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of Teradyne 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 sale, the chief financial officer now directly owns 35,834 shares of the company’s stock, valued at approximately $4,768,072.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the company’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 owns 17,143 shares in the company, valued at approximately $2,207,504.11. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,483 shares of company stock worth $1,383,031. 0.36% of the stock is currently owned by insiders.

Teradyne Stock Performance

Shares of Teradyne stock opened at $134.64 on Friday. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $163.21. The company’s 50 day moving average price is $129.61 and its 200-day moving average price is $129.24. The stock has a market capitalization of $21.97 billion, a price-to-earnings ratio of 51.19, a P/E/G ratio of 2.68 and a beta of 1.49.

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

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.36%. The ex-dividend date was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 18.25%.

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.