Teradyne, Inc. (NASDAQ:TER) Stock Holdings Decreased by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lessened its position in Teradyne, Inc. (NASDAQ:TER) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 316 shares of the company’s stock after selling 316 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Teradyne were worth $42,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TER. Mitchell & Pahl Private Wealth LLC grew its stake in Teradyne by 1.1% during the 2nd quarter. Mitchell & Pahl Private Wealth LLC now owns 7,244 shares of the company’s stock valued at $1,074,000 after acquiring an additional 79 shares in the last quarter. Blair William & Co. IL grew its position in Teradyne by 0.6% during the first quarter. Blair William & Co. IL now owns 15,004 shares of the company’s stock valued at $1,693,000 after purchasing an additional 83 shares in the last quarter. Whittier Trust Co. lifted its position in Teradyne by 10.2% in the 3rd quarter. Whittier Trust Co. now owns 950 shares of the company’s stock worth $127,000 after buying an additional 88 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in shares of Teradyne by 17.3% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 651 shares of the company’s stock valued at $97,000 after buying an additional 96 shares during the period. Finally, Wealth Alliance grew its holdings in shares of Teradyne by 3.3% during the 2nd quarter. Wealth Alliance now owns 3,044 shares of the company’s stock valued at $451,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TER. Evercore ISI increased their price objective on Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. StockNews.com upgraded Teradyne from a “sell” rating to a “hold” rating in a report on Sunday. Robert W. Baird lowered their price target on Teradyne from $140.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday. JPMorgan Chase & Co. raised their price objective on shares of Teradyne from $120.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, July 23rd. Finally, KeyCorp boosted their target price on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $142.62.

Teradyne Stock Performance

Teradyne stock opened at $111.33 on Tuesday. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21. The firm has a market capitalization of $18.17 billion, a PE ratio of 35.34, a PEG ratio of 2.46 and a beta of 1.49. The business’s 50-day simple moving average is $128.96 and its 200-day simple moving average is $132.07.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The company had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same period in the previous year, the business posted $0.80 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Research analysts forecast that Teradyne, Inc. will post 3.12 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.43%. Teradyne’s dividend payout ratio is 15.24%.

Insider Transactions at Teradyne

In related news, insider Richard John Burns sold 789 shares of Teradyne stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total transaction of $104,779.20. Following the sale, the insider now directly owns 21,864 shares of the company’s stock, valued at $2,903,539.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at approximately $10,896,080. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Burns sold 789 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total transaction of $104,779.20. Following the transaction, the insider now directly owns 21,864 shares of the company’s stock, valued at $2,903,539.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,977 shares of company stock worth $1,979,834. 0.18% of the stock is currently owned by company insiders.

About Teradyne

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.