Teradyne, Inc. (NASDAQ:TER) Stock Holdings Lessened by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its holdings in Teradyne, Inc. (NASDAQ:TER) by 37.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 93,919 shares of the company’s stock after selling 55,366 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Teradyne worth $11,826,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Capital Performance Advisors LLP bought a new stake in Teradyne in the 3rd quarter valued at about $29,000. Quarry LP lifted its position in Teradyne by 256.1% in the 2nd quarter. Quarry LP now owns 235 shares of the company’s stock valued at $35,000 after purchasing an additional 169 shares during the last quarter. Coastline Trust Co bought a new stake in Teradyne in the 3rd quarter valued at about $46,000. Brooklyn Investment Group bought a new stake in shares of Teradyne during the 3rd quarter worth about $52,000. Finally, Eastern Bank bought a new stake in shares of Teradyne during the 3rd quarter worth about $67,000. 99.77% of the stock is currently owned by institutional investors.

Teradyne Price Performance

Teradyne stock opened at $115.79 on Friday. The firm’s 50 day simple moving average is $125.37 and its 200-day simple moving average is $125.34. The company has a market cap of $18.86 billion, a P/E ratio of 34.77, a price-to-earnings-growth ratio of 2.04 and a beta of 1.46. Teradyne, Inc. has a fifty-two week low of $92.29 and a fifty-two week high of $163.21.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.23%. On average, analysts expect that Teradyne, Inc. will post 4.1 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is currently 14.41%.

Teradyne announced that its board has initiated a share buyback plan on Monday, November 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to purchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

TER has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Teradyne from $158.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday. Stifel Nicolaus dropped their price target on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a research report on Friday, October 25th. Craig Hallum dropped their price target on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a research report on Friday, October 25th. Cantor Fitzgerald restated an “overweight” rating and set a $160.00 price target on shares of Teradyne in a research report on Thursday. Finally, Morgan Stanley downgraded shares of Teradyne from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $121.00 to $117.00 in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.77.

Insider Activity at Teradyne

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sanjay Mehta sold 1,789 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $215,592.39. Following the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at $4,013,947.08. The trade was a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,434 shares of company stock valued at $785,137. Corporate insiders own 0.36% of the company’s stock.

Teradyne 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.