Teradyne, Inc. $TER Shares Purchased by FNY Investment Advisers LLC

FNY Investment Advisers LLC raised its position in Teradyne, Inc. (NASDAQ:TER) by 118.5% during the third quarter, HoldingsChannel reports. The firm owned 11,502 shares of the company’s stock after purchasing an additional 6,239 shares during the period. FNY Investment Advisers LLC’s holdings in Teradyne were worth $1,583,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its position in shares of Teradyne by 12.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after buying an additional 468 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Teradyne in the first quarter worth about $297,000. Allworth Financial LP boosted its position in Teradyne by 81.4% during the second quarter. Allworth Financial LP now owns 1,442 shares of the company’s stock worth $130,000 after acquiring an additional 647 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Teradyne by 44.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 26,861 shares of the company’s stock valued at $2,415,000 after acquiring an additional 8,302 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its stake in Teradyne by 8.2% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 24,453 shares of the company’s stock valued at $2,199,000 after acquiring an additional 1,849 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Price Performance

Shares of NASDAQ TER opened at $300.07 on Thursday. The company has a market capitalization of $46.98 billion, a P/E ratio of 86.23, a P/E/G ratio of 1.86 and a beta of 1.76. The company has a 50 day simple moving average of $279.35 and a 200-day simple moving average of $203.49. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $344.92.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The firm’s quarterly revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.95 earnings per share. As a group, research analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne’s dividend payout ratio is 14.94%.

Analyst Ratings Changes

TER has been the topic of a number of research reports. Cantor Fitzgerald raised their target price on shares of Teradyne from $240.00 to $270.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. TD Cowen restated a “buy” rating on shares of Teradyne in a research report on Thursday, January 22nd. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Royal Bank Of Canada set a $270.00 price objective on Teradyne in a research report on Monday, February 2nd. Finally, Citigroup upped their target price on Teradyne from $215.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $273.73.

Teradyne Company Profile

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.