Lido Advisors LLC raised its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 23.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,982 shares of the company’s stock after buying an additional 7,162 shares during the quarter. Lido Advisors LLC’s holdings in Teradyne were worth $15,228,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC boosted its position in shares of Teradyne by 42.5% in the second quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after acquiring an additional 34 shares during the period. Purus Wealth Management LLC increased its position in Teradyne by 0.3% during the third quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock worth $4,468,000 after acquiring an additional 35 shares during the period. Pinnacle Associates Ltd. increased its position in Teradyne by 1.8% during the third quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after acquiring an additional 35 shares during the period. Vestor Capital LLC increased its position in Teradyne by 15.4% during the first quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after acquiring an additional 38 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its position in Teradyne by 5.8% during the second quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after acquiring an additional 40 shares during the period. Institutional investors own 99.77% of the company’s stock.
Top Teradyne Stories
Investors following TER have been watching these stories:
- Positive Sentiment: Jefferies initiated coverage with a Buy rating and a $284 price target, citing a potential $2 billion opportunity tied to testing AI chips and Teradyne’s growing relationship with Nvidia. Teradyne Stock Jumps. Jefferies Sees a $2 Billion Nvidia Opportunity.
- Positive Sentiment: The launch of the Omnyx Edge test platform broadens Teradyne’s reach into edge AI hardware, factory automation and robotics, potentially adding to its AI-related growth prospects. Why Teradyne Stock Is Getting Attention After Edge AI Test Platform Launch
- Neutral Sentiment: Teradyne also declared a quarterly dividend of $0.13 per share, payable December 16 to shareholders of record November 23. The modest payout is a shareholder return but is unlikely to be the main driver of the stock’s move. Why Teradyne Stock Is Getting Attention After Edge AI Test Platform Launch
Insider Transactions at Teradyne
Teradyne Stock Performance
NASDAQ:TER opened at $265.78 on Thursday. The stock has a fifty day moving average price of $345.94 and a 200-day moving average price of $349.10. The company has a market cap of $41.49 billion, a price-to-earnings ratio of 30.51, a PEG ratio of 0.48 and a beta of 1.73. Teradyne, Inc. has a fifty-two week low of $151.52 and a fifty-two week high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.20. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter last year, the business earned $0.85 earnings per share. Teradyne’s revenue was up 69.8% on a year-over-year basis. Research analysts predict that Teradyne, Inc. will post 9.41 EPS for the current fiscal year.
Teradyne Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Monday, November 23rd will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.52 annualized dividend and a yield of 0.2%. Teradyne’s dividend payout ratio is currently 5.97%.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Evercore reissued an “outperform” rating and issued a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. Jefferies Financial Group began coverage on shares of Teradyne in a report on Wednesday. They set a “buy” rating and a $284.00 target price on the stock. Wall Street Zen downgraded shares of Teradyne from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Finally, Morgan Stanley lifted their price target on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $397.73.
Read Our Latest Stock Report on TER
Teradyne Company Profile
Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.
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