Kestra Private Wealth Services LLC Has $314,000 Position in Teradyne, Inc. (NASDAQ:TER)

Kestra Private Wealth Services LLC grew its holdings in Teradyne, Inc. (NASDAQ:TERGet Rating) by 53.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,652 shares of the company’s stock after purchasing an additional 926 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Teradyne were worth $314,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of TER. Norges Bank acquired a new position in shares of Teradyne during the fourth quarter valued at $264,189,000. Van ECK Associates Corp lifted its stake in shares of Teradyne by 138.6% during the first quarter. Van ECK Associates Corp now owns 1,951,771 shares of the company’s stock valued at $230,758,000 after acquiring an additional 1,133,930 shares during the period. BlackRock Inc. lifted its stake in shares of Teradyne by 7.0% during the first quarter. BlackRock Inc. now owns 14,153,679 shares of the company’s stock valued at $1,673,390,000 after acquiring an additional 927,197 shares during the period. Westwood Holdings Group Inc. acquired a new position in shares of Teradyne during the first quarter valued at $106,198,000. Finally, Maj Invest Holding A S lifted its stake in shares of Teradyne by 63,820.2% during the first quarter. Maj Invest Holding A S now owns 824,571 shares of the company’s stock valued at $97,488,000 after acquiring an additional 823,281 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Insider Buying and Selling

In related news, insider Brad Robbins sold 3,145 shares of the stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of $89.49, for a total transaction of $281,446.05. Following the completion of the transaction, the insider now directly owns 44,755 shares of the company’s stock, valued at $4,005,124.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Mark E. Jagiela sold 37,857 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 234,735 shares of the company’s stock, valued at $23,520,447. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brad Robbins sold 3,145 shares of the firm’s stock in a transaction that occurred on Thursday, June 30th. The shares were sold at an average price of $89.49, for a total value of $281,446.05. Following the completion of the sale, the insider now directly owns 44,755 shares of the company’s stock, valued at $4,005,124.95. The disclosure for this sale can be found here. 0.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TER shares. Piper Sandler cut their price target on Teradyne from $163.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, May 26th. Bank of America lowered Teradyne from a “buy” rating to a “neutral” rating and cut their price target for the company from $140.00 to $110.00 in a research note on Wednesday, June 29th. Northland Securities dropped their price objective on Teradyne from $90.00 to $85.00 in a report on Thursday, July 28th. Loop Capital dropped their price objective on Teradyne from $158.00 to $132.00 and set a “buy” rating for the company in a report on Tuesday, June 28th. Finally, Citigroup dropped their price objective on Teradyne from $130.00 to $112.00 and set a “buy” rating for the company in a report on Thursday, July 28th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Teradyne presently has an average rating of “Moderate Buy” and an average price target of $124.55.

Teradyne Stock Down 2.0 %

NASDAQ:TER opened at $80.84 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.48 and a current ratio of 2.85. The company has a market cap of $12.67 billion, a PE ratio of 16.91, a PEG ratio of 4.85 and a beta of 1.54. Teradyne, Inc. has a 52-week low of $79.75 and a 52-week high of $168.91. The stock has a 50-day simple moving average of $93.95 and a 200 day simple moving average of $95.61.

Teradyne (NASDAQ:TERGet Rating) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.07. The business 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%. On average, sell-side analysts expect that Teradyne, Inc. will post 3.92 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Wednesday, August 31st will be issued a dividend of $0.11 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.54%. Teradyne’s payout ratio is presently 9.21%.

Teradyne Company Profile

(Get Rating)

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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