Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Amalgamated Bank

Amalgamated Bank increased its stake in shares of Teradyne, Inc. (NASDAQ:TERGet Rating) by 3.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,144 shares of the company’s stock after buying an additional 1,582 shares during the quarter. Amalgamated Bank’s holdings in Teradyne were worth $5,101,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Advisory Group Advisory Services LLC bought a new position in Teradyne during the 1st quarter worth $26,000. Glassman Wealth Services grew its stake in Teradyne by 218.3% during the 1st quarter. Glassman Wealth Services now owns 226 shares of the company’s stock worth $27,000 after buying an additional 155 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in Teradyne during the 1st quarter worth $29,000. Whittier Trust Co. of Nevada Inc. grew its stake in Teradyne by 36.6% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 373 shares of the company’s stock worth $44,000 after buying an additional 100 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in Teradyne by 27.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 575 shares of the company’s stock worth $94,000 after buying an additional 123 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TER has been the subject of a number of recent research reports. KeyCorp lowered their price objective on Teradyne from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday, July 28th. Morgan Stanley decreased their price target on Teradyne from $132.00 to $116.00 and set an “equal weight” rating for the company in a research note on Thursday, July 28th. The Goldman Sachs Group decreased their price target on Teradyne from $127.00 to $106.00 in a research note on Friday, July 15th. Bank of America cut Teradyne from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $140.00 to $110.00 in a research note on Wednesday, June 29th. Finally, Citigroup decreased their price target on Teradyne from $130.00 to $112.00 and set a “buy” rating for the company in a research note on Thursday, July 28th. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.55.

Teradyne Trading Up 0.5 %

Shares of NASDAQ TER opened at $82.49 on Tuesday. Teradyne, Inc. has a 12 month low of $80.41 and a 12 month high of $168.91. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 17.26, a P/E/G ratio of 4.85 and a beta of 1.54. The company has a quick ratio of 2.48, a current ratio of 2.85 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $94.32 and a 200-day simple moving average of $95.74.

Teradyne (NASDAQ:TERGet Rating) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.07. The firm had revenue of $840.77 million during the quarter, compared to the consensus estimate of $822.60 million. Teradyne had a return on equity of 36.06% and a net margin of 24.67%. Sell-side analysts predict that Teradyne, Inc. will post 3.92 EPS for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Wednesday, August 31st will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.53%. The ex-dividend date is Tuesday, August 30th. Teradyne’s dividend payout ratio is currently 9.21%.

Insider Buying and Selling

In other Teradyne news, insider Brad Robbins sold 3,145 shares of the company’s stock in a transaction dated Thursday, June 30th. The stock was sold at an average price of $89.49, for a total value of $281,446.05. Following the transaction, the insider now directly owns 44,755 shares of the company’s stock, valued at approximately $4,005,124.95. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Teradyne news, insider Brad Robbins sold 3,145 shares of the company’s stock in a transaction dated Thursday, June 30th. The stock was sold at an average price of $89.49, for a total value of $281,446.05. Following the transaction, the insider now directly owns 44,755 shares of the company’s stock, valued at approximately $4,005,124.95. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Mark E. Jagiela sold 37,857 shares of the company’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $100.20, for a total value of $3,793,271.40. Following the completion of the transaction, the chief executive officer now directly owns 234,735 shares in the company, valued at $23,520,447. The disclosure for this sale can be found here. Company insiders own 0.36% of the company’s stock.

Teradyne Profile

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Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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