4,632 Shares in Teradyne, Inc. $TER Purchased by Three Seasons Wealth LLC

Three Seasons Wealth LLC acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,632 shares of the company’s stock, valued at approximately $897,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Teradyne by 2.1% in the third quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock worth $2,947,935,000 after purchasing an additional 444,940 shares in the last quarter. State Street Corp grew its position in Teradyne by 0.3% during the third quarter. State Street Corp now owns 7,017,649 shares of the company’s stock valued at $965,909,000 after purchasing an additional 24,154 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Teradyne by 6.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock valued at $723,600,000 after buying an additional 336,757 shares during the period. Federated Hermes Inc. increased its stake in Teradyne by 79.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock valued at $340,353,000 after buying an additional 1,679,215 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in Teradyne by 11.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after buying an additional 354,876 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analysts Set New Price Targets

TER has been the subject of a number of research reports. The Goldman Sachs Group lifted their target price on shares of Teradyne from $230.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Royal Bank Of Canada set a $270.00 price objective on Teradyne in a report on Monday, February 2nd. Bank of America lifted their price objective on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Teradyne in a research note on Thursday, January 22nd. Finally, Morgan Stanley set a $306.00 target price on Teradyne in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus target price of $275.53.

Teradyne Trading Up 7.3%

TER stock opened at $296.46 on Wednesday. The firm has a market cap of $46.41 billion, a PE ratio of 85.19, a PEG ratio of 1.71 and a beta of 1.76. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $344.92. The company has a fifty day simple moving average of $292.97 and a 200 day simple moving average of $215.69.

Teradyne (NASDAQ:TER) last posted its earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping the consensus estimate of $1.36 by $0.44. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. During the same period in the prior year, the business posted $0.95 earnings per share. The business’s quarterly revenue was up 43.9% on a year-over-year basis. As a group, analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is currently 14.94%.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.