Teradyne, Inc. $TER Shares Bought by Aberdeen Group plc

Aberdeen Group plc boosted its stake in shares of Teradyne, Inc. (NASDAQ:TERFree Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 123,172 shares of the company’s stock after purchasing an additional 5,899 shares during the period. Aberdeen Group plc’s holdings in Teradyne were worth $23,841,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC increased its position in shares of Teradyne by 12.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after acquiring an additional 468 shares during the period. Caxton Associates LLP purchased a new stake in Teradyne in the first quarter valued at approximately $297,000. Schroder Investment Management Group boosted its position in Teradyne by 5.0% in the second quarter. Schroder Investment Management Group now owns 18,514 shares of the company’s stock valued at $1,665,000 after buying an additional 886 shares during the last quarter. M&T Bank Corp increased its holdings in Teradyne by 2.9% in the 2nd quarter. M&T Bank Corp now owns 7,569 shares of the company’s stock worth $680,000 after buying an additional 214 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Teradyne during the 2nd quarter worth approximately $11,629,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TER has been the subject of several recent research reports. TD Cowen reissued a “buy” rating on shares of Teradyne in a report on Thursday, January 22nd. The Goldman Sachs Group upped their target price on Teradyne from $230.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradyne in a research report on Thursday, January 22nd. Finally, Robert W. Baird boosted their price target on Teradyne from $305.00 to $332.00 and gave the company an “outperform” rating in a report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.53.

Check Out Our Latest Analysis on Teradyne

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

Teradyne Stock Performance

NASDAQ:TER opened at $309.61 on Monday. The company has a fifty day moving average of $297.79 and a two-hundred day moving average of $219.84. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $344.92. The stock has a market capitalization of $48.47 billion, a PE ratio of 88.97, a P/E/G ratio of 1.92 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 earnings per share. Research analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders 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 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is presently 14.94%.

About Teradyne

(Free Report)

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.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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