18,500 Shares in Teradyne, Inc. $TER Acquired by Nkcfo LLC

Nkcfo LLC purchased a new position in Teradyne, Inc. (NASDAQ:TER) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,500 shares of the company’s stock, valued at approximately $2,546,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TER. Vanguard Group Inc. raised its holdings in shares of Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock valued at $2,947,935,000 after purchasing an additional 444,940 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Teradyne by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock valued at $442,413,000 after buying an additional 143,058 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Teradyne by 79.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock worth $340,353,000 after buying an additional 1,679,215 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Teradyne by 11.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after acquiring an additional 354,876 shares in the last quarter. Finally, Primecap Management Co. CA increased its holdings in shares of Teradyne by 58.6% in the 2nd quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock valued at $274,036,000 after acquiring an additional 1,125,868 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of Teradyne stock opened at $318.50 on Tuesday. The company has a market capitalization of $49.86 billion, a P/E ratio of 91.52, a PEG ratio of 2.01 and a beta of 1.83. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $327.99. The company’s fifty day moving average is $243.46 and its two-hundred day moving average is $180.94.

Teradyne (NASDAQ:TER) last announced its earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $970.44 million. During the same period in the prior year, the company earned $0.95 earnings per share. The business’s revenue was up 43.9% compared to the same quarter last year. As a group, equities analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, February 13th. Teradyne’s dividend payout ratio (DPR) is 14.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada set a $270.00 price target on Teradyne in a report on Monday, February 2nd. Morgan Stanley set a $306.00 target price on shares of Teradyne in a report on Wednesday, February 11th. iA Financial set a $175.00 target price on shares of Teradyne in a research report on Tuesday, October 28th. Citigroup raised their price objective on Teradyne from $215.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Finally, Northland Securities reiterated a “market perform” rating and set a $270.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $256.24.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the company’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 transaction of $223,051.48. Following the completion of the sale, the chief executive officer owned 93,409 shares in the company, valued at $18,804,165.79. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.16% of the company’s stock.

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.