Teradyne, Inc. $TER Shares Purchased by FNY Investment Advisers LLC

FNY Investment Advisers LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 118.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,502 shares of the company’s stock after acquiring an additional 6,239 shares during the quarter. FNY Investment Advisers LLC’s holdings in Teradyne were worth $1,583,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Teradyne during the 3rd quarter valued at approximately $31,000. Davidson Capital Management Inc. purchased a new stake in Teradyne during the third quarter worth $31,000. CYBER HORNET ETFs LLC purchased a new stake in Teradyne during the second quarter worth $35,000. Hemington Wealth Management grew its position in Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock valued at $36,000 after buying an additional 79 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Teradyne during the third quarter valued at $41,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Up 0.2%

TER opened at $300.07 on Thursday. The firm’s fifty day simple moving average is $279.35 and its two-hundred day simple moving average is $203.49. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $344.92. The company has a market cap of $46.98 billion, a price-to-earnings ratio of 86.23, a PEG ratio of 1.86 and a beta of 1.76.

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

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders 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 presently 14.94%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Robert W. Baird set a $305.00 price objective on shares of Teradyne in a research report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of Teradyne 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. Cantor Fitzgerald upped their price target on Teradyne from $240.00 to $270.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Finally, Susquehanna reiterated a “positive” rating and set a $335.00 price target on shares of Teradyne in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $273.73.

About Teradyne

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.