Marshall Financial Group LLC Cuts Stock Holdings in Teradyne, Inc. $TER

Marshall Financial Group LLC reduced its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 78.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,421 shares of the company’s stock after selling 9,041 shares during the quarter. Marshall Financial Group LLC’s holdings in Teradyne were worth $469,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TER. Fulton Bank N.A. lifted its stake in shares of Teradyne by 25.1% in the 4th quarter. Fulton Bank N.A. now owns 3,268 shares of the company’s stock valued at $633,000 after acquiring an additional 655 shares during the last quarter. True Wealth Design LLC boosted its holdings in Teradyne by 49.6% during the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $41,000 after acquiring an additional 70 shares during the period. Sound View Wealth Advisors Group LLC bought a new position in Teradyne during the 4th quarter worth approximately $262,000. Armstrong Advisory Group Inc. grew its position in Teradyne by 10.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,322 shares of the company’s stock worth $256,000 after acquiring an additional 123 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Teradyne by 48.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,611 shares of the company’s stock worth $8,248,000 after purchasing an additional 13,892 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Performance

NASDAQ TER opened at $303.92 on Tuesday. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $344.92. The stock has a 50 day simple moving average of $284.13 and a two-hundred day simple moving average of $207.88. The stock has a market cap of $47.58 billion, a P/E ratio of 87.33, a price-to-earnings-growth ratio of 1.80 and a beta of 1.76.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $970.44 million. During the same period last year, the company earned $0.95 EPS. The business’s quarterly revenue was up 43.9% compared to the same quarter last year. Sell-side analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 13th were issued a $0.12 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.48 annualized dividend and a yield of 0.2%. Teradyne’s payout ratio is 14.94%.

Analyst Upgrades and Downgrades

TER has been the subject of several recent research reports. Cantor Fitzgerald boosted their price objective on Teradyne from $240.00 to $270.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Stifel Nicolaus set a $325.00 target price on shares of Teradyne in a report on Wednesday, February 4th. Evercore lifted their target price on shares of Teradyne from $200.00 to $280.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a report on Thursday, January 22nd. Finally, Bank of America increased their price target on shares of Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.