Swiss National Bank lifted its holdings in Teradyne, Inc. (NYSE:TER) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,300 shares of the semiconductor company’s stock after buying an additional 2,400 shares during the quarter. Swiss National Bank owned 0.17% of Teradyne worth $10,069,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. James Investment Research Inc. boosted its stake in shares of Teradyne by 872.2% in the second quarter. James Investment Research Inc. now owns 48,610 shares of the semiconductor company’s stock valued at $1,460,000 after buying an additional 43,610 shares in the last quarter. Paradigm Asset Management Co. LLC boosted its position in Teradyne by 193.3% during the second quarter. Paradigm Asset Management Co. LLC now owns 4,400 shares of the semiconductor company’s stock worth $132,000 after purchasing an additional 2,900 shares in the last quarter. Cypress Capital Management LLC WY boosted its position in Teradyne by 694.4% during the second quarter. Cypress Capital Management LLC WY now owns 10,725 shares of the semiconductor company’s stock worth $322,000 after purchasing an additional 9,375 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in Teradyne by 2,903.0% during the second quarter. Harbour Capital Advisors LLC now owns 45,045 shares of the semiconductor company’s stock worth $1,500,000 after purchasing an additional 43,545 shares in the last quarter. Finally, LMR Partners LLP purchased a new stake in Teradyne during the second quarter worth $2,028,000. Hedge funds and other institutional investors own 93.21% of the company’s stock.
Teradyne, Inc. (NYSE:TER) opened at 36.10 on Wednesday. The stock has a market cap of $7.14 billion, a P/E ratio of 18.63 and a beta of 0.94. Teradyne, Inc. has a one year low of $20.16 and a one year high of $36.86. The company has a 50-day moving average price of $34.64 and a 200-day moving average price of $33.13.
Teradyne (NYSE:TER) last issued its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.04. The company had revenue of $697.00 million for the quarter, compared to the consensus estimate of $683.66 million. Teradyne had a return on equity of 21.25% and a net margin of 20.08%. The firm’s revenue was up 31.1% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. On average, analysts anticipate that Teradyne, Inc. will post $1.97 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, September 7th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.78%. The ex-dividend date is Wednesday, September 6th. Teradyne’s dividend payout ratio is currently 14.51%.
TER has been the subject of a number of analyst reports. Credit Suisse Group reissued a “neutral” rating on shares of Teradyne in a report on Thursday, July 27th. Zacks Investment Research lowered Teradyne from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. BidaskClub upgraded Teradyne from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 25th. Stifel Nicolaus upgraded Teradyne from a “hold” rating to a “buy” rating and upped their price target for the stock from $32.00 to $39.00 in a research note on Wednesday, July 5th. They noted that the move was a valuation call. Finally, Needham & Company LLC restated a “buy” rating and set a $40.00 price target on shares of Teradyne in a research note on Friday, September 1st. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $35.80.
In other news, insider Brad Robbins sold 15,892 shares of the firm’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $34.54, for a total value of $548,909.68. Following the sale, the insider now directly owns 19,171 shares of the company’s stock, valued at $662,166.34. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Edwin J. Gillis sold 41,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $35.63, for a total value of $1,460,830.00. Following the completion of the sale, the director now directly owns 49,638 shares in the company, valued at $1,768,601.94. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 109,060 shares of company stock worth $3,834,807. 0.62% of the stock is currently owned by company insiders.
Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
Receive News & Ratings for Teradyne Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne Inc. and related companies with MarketBeat.com's FREE daily email newsletter.