Quent Capital LLC Has $277,000 Stock Position in Teradyne, Inc. (NASDAQ:TER)

Quent Capital LLC grew its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 6.0% during the 2nd quarter, Holdings Channel reports. The firm owned 1,868 shares of the company’s stock after buying an additional 105 shares during the period. Quent Capital LLC’s holdings in Teradyne were worth $277,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL boosted its stake in shares of Teradyne by 0.6% during the 1st quarter. Blair William & Co. IL now owns 15,004 shares of the company’s stock worth $1,693,000 after acquiring an additional 83 shares during the period. 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 worth $97,000 after acquiring an additional 96 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Teradyne by 4.8% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,346 shares of the company’s stock worth $255,000 after acquiring an additional 107 shares during the period. Covestor Ltd boosted its stake in shares of Teradyne by 10.2% during the 1st quarter. Covestor Ltd now owns 1,162 shares of the company’s stock worth $131,000 after acquiring an additional 108 shares during the period. Finally, Congress Asset Management Co. MA boosted its stake in shares of Teradyne by 2.9% during the 4th quarter. Congress Asset Management Co. MA now owns 3,860 shares of the company’s stock worth $419,000 after acquiring an additional 110 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of Teradyne stock traded up $1.93 during trading on Tuesday, reaching $118.32. 1,620,979 shares of the company’s stock were exchanged, compared to its average volume of 2,093,316. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $163.21. The company has a market cap of $18.47 billion, a P/E ratio of 45.70, a PEG ratio of 2.41 and a beta of 1.50. The firm’s 50-day moving average price is $144.53 and its 200 day moving average price is $122.23.

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

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Wednesday, May 22nd were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 21st. This represents a $0.48 annualized dividend and a dividend yield of 0.41%. Teradyne’s payout ratio is 18.25%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Citigroup reduced their target price on Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a research note on Friday, July 26th. UBS Group boosted their price target on Teradyne from $130.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, June 18th. Northland Securities reduced their price target on Teradyne from $136.00 to $126.00 and set a “market perform” rating for the company in a research note on Friday, July 26th. Stifel Nicolaus boosted their price target on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a research note on Tuesday, July 16th. Finally, The Goldman Sachs Group boosted their price target on Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a research note on Tuesday, May 28th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $142.93.

Insiders Place Their Bets

In other Teradyne news, insider Richard John Burns sold 5,005 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $137.64, for a total value of $688,888.20. Following the transaction, the insider now owns 21,780 shares in the company, valued at $2,997,799.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $143.84, for a total value of $89,900.00. Following the transaction, the director now owns 18,393 shares in the company, valued at $2,645,649.12. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $137.64, for a total value of $688,888.20. Following the transaction, the insider now directly owns 21,780 shares in the company, valued at approximately $2,997,799.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,255 shares of company stock worth $859,269. Corporate insiders own 0.36% of the company’s stock.

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.