Robeco Institutional Asset Management B.V. Buys 37,526 Shares of Teradyne, Inc. (NASDAQ:TER)

Robeco Institutional Asset Management B.V. boosted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 78.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,226 shares of the company’s stock after purchasing an additional 37,526 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.06% of Teradyne worth $86,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TER. Marshall Financial Group LLC grew its position in shares of Teradyne by 1.2% in the 4th quarter. Marshall Financial Group LLC now owns 8,251 shares of the company’s stock worth $895,000 after buying an additional 96 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its position in shares of Teradyne by 24.0% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company’s stock worth $56,000 after purchasing an additional 100 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Teradyne by 4.8% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,346 shares of the company’s stock valued at $255,000 after purchasing an additional 107 shares during the last quarter. Lido Advisors LLC boosted its position in shares of Teradyne by 0.6% in the 3rd quarter. Lido Advisors LLC now owns 20,369 shares of the company’s stock worth $2,046,000 after purchasing an additional 125 shares in the last quarter. Finally, Strategic Advisors LLC grew its stake in Teradyne by 6.3% during the 4th quarter. Strategic Advisors LLC now owns 2,363 shares of the company’s stock worth $256,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In related news, insider Richard John Burns sold 5,005 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $137.64, for a total value of $688,888.20. Following the completion of the transaction, the insider now owns 21,780 shares of the company’s stock, valued at approximately $2,997,799.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction on Monday, May 20th. The shares were sold at an average price of $137.64, for a total value of $688,888.20. Following the sale, the insider now owns 21,780 shares of the company’s stock, valued at approximately $2,997,799.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $121.20, for a total transaction of $75,750.00. Following the transaction, the director now owns 17,142 shares of the company’s stock, valued at $2,077,610.40. The disclosure for this sale can be found here. Insiders have sold a total of 9,380 shares of company stock valued at $1,214,863 in the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TER has been the subject of a number of research analyst reports. The Goldman Sachs Group upgraded Teradyne from a “neutral” rating to a “buy” rating and increased their price target for the company from $118.00 to $161.00 in a research note on Monday, May 20th. JPMorgan Chase & Co. boosted their target price on shares of Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. Robert W. Baird upped their price target on shares of Teradyne from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Susquehanna lifted their price objective on shares of Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research note on Friday, April 26th. Finally, KeyCorp upped their target price on Teradyne from $140.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.17.

Teradyne Stock Up 2.7 %

Teradyne stock opened at $144.01 on Friday. The business’s 50-day moving average price is $115.08 and its 200 day moving average price is $105.75. The firm has a market cap of $22.48 billion, a price-to-earnings ratio of 54.76, a price-to-earnings-growth ratio of 2.73 and a beta of 1.50. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $145.64.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.18. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business had revenue of $599.82 million for the quarter, compared to analysts’ expectations of $566.31 million. During the same quarter last year, the company earned $0.55 EPS. The business’s revenue was down 2.9% on a year-over-year basis. Equities analysts expect that Teradyne, Inc. will post 3.04 EPS for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Wednesday, May 22nd will be given a $0.12 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.33%. Teradyne’s dividend payout ratio (DPR) is currently 18.25%.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.