World Investment Advisors Makes New $1.01 Million Investment in Teradyne, Inc. $TER

World Investment Advisors purchased a new stake in Teradyne, Inc. (NASDAQ:TER) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,362 shares of the company’s stock, valued at approximately $1,013,000.

A number of other hedge funds also recently modified their holdings of TER. Gilman Hill Asset Management LLC increased its holdings in Teradyne by 2.1% in the third quarter. Gilman Hill Asset Management LLC now owns 26,188 shares of the company’s stock valued at $3,605,000 after purchasing an additional 540 shares during the period. Optas LLC bought a new stake in shares of Teradyne in the 3rd quarter valued at about $209,000. Net Worth Advisory Group acquired a new stake in shares of Teradyne in the third quarter valued at about $352,000. Farther Finance Advisors LLC increased its stake in shares of Teradyne by 41.8% in the third quarter. Farther Finance Advisors LLC now owns 4,061 shares of the company’s stock valued at $559,000 after buying an additional 1,198 shares during the period. Finally, Focused Wealth Management Inc bought a new position in shares of Teradyne during the third quarter worth about $285,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.31, for a total value of $223,051.48. Following the completion of the sale, the chief executive officer owned 93,409 shares of the company’s stock, valued at approximately $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 3,324 shares of company stock valued at $583,639 in the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

Teradyne Stock Up 0.2%

Shares of NASDAQ TER opened at $198.90 on Monday. The firm has a market cap of $31.15 billion, a PE ratio of 72.33, a P/E/G ratio of 2.08 and a beta of 1.85. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $205.00. The company’s fifty day simple moving average is $178.70 and its 200 day simple moving average is $134.61.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The firm had revenue of $769.21 million during the quarter, compared to the consensus estimate of $744.20 million. During the same period in the previous year, the firm posted $0.90 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. On average, equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, November 24th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Monday, November 24th. Teradyne’s dividend payout ratio is 17.45%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Industrial Alliance Securities set a $175.00 target price on Teradyne in a report on Tuesday, October 28th. Wall Street Zen upgraded shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Bank of America raised shares of Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Wednesday, October 29th. The Goldman Sachs Group raised shares of Teradyne from a “sell” rating to a “buy” rating and lifted their target price for the stock from $148.00 to $230.00 in a research note on Monday, December 15th. Finally, Citigroup upped their price target on shares of Teradyne from $117.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $185.75.

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.