Jackson Creek Investment Advisors LLC bought a new position in Teradyne, Inc. (NASDAQ:TER – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,202 shares of the company’s stock, valued at approximately $426,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TER. Integrated Wealth Concepts LLC lifted its holdings in Teradyne by 12.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP acquired a new stake in Teradyne in the 1st quarter worth approximately $297,000. Cresset Asset Management LLC lifted its holdings in Teradyne by 11.6% in the 2nd quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock worth $608,000 after purchasing an additional 702 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Teradyne by 467.1% in the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after purchasing an additional 2,807 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in Teradyne by 5.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock worth $6,755,000 after purchasing an additional 3,651 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
- Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy “Sell in May and Go Away” Adage
- Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage
Insider Buying and Selling at Teradyne
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on TER shares. Weiss Ratings upgraded Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. UBS Group boosted their target price on Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. The Goldman Sachs Group boosted their target price on Teradyne from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada set a $270.00 price target on Teradyne in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $339.80.
Teradyne Trading Up 1.8%
TER opened at $382.65 on Friday. The stock has a market cap of $59.90 billion, a PE ratio of 70.86, a P/E/G ratio of 1.55 and a beta of 1.79. Teradyne, Inc. has a 1 year low of $77.02 and a 1 year high of $422.11. The stock’s 50 day simple moving average is $346.87 and its 200-day simple moving average is $275.75.
Teradyne (NASDAQ:TER – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.45. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.Teradyne’s quarterly revenue was up 87.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 earnings per share. Equities analysts forecast that Teradyne, Inc. will post 7.09 earnings per share for the current fiscal year.
Teradyne Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.52 annualized dividend and a yield of 0.1%. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s payout ratio is presently 9.63%.
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.
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