J. Safra Sarasin Holding AG Makes New $558,000 Investment in Teradyne, Inc. $TER

J. Safra Sarasin Holding AG acquired a new stake in Teradyne, Inc. (NASDAQ:TERFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,884 shares of the company’s stock, valued at approximately $558,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in Teradyne during the 3rd quarter worth about $31,000. Davidson Capital Management Inc. purchased a new position in shares of Teradyne in the 3rd quarter valued at about $31,000. CYBER HORNET ETFs LLC acquired a new position in shares of Teradyne during the second quarter worth about $35,000. Hemington Wealth Management grew its position in shares of Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after buying an additional 79 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Teradyne during the third quarter worth approximately $41,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

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Teradyne Stock Down 0.8%

Shares of TER opened at $309.61 on Friday. The company has a market capitalization of $48.47 billion, a price-to-earnings ratio of 88.97, a price-to-earnings-growth ratio of 1.94 and a beta of 1.79. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $344.92. The stock has a 50 day moving average price of $296.18 and a 200 day moving average price of $217.01.

Teradyne (NASDAQ:TERGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter last year, the company earned $0.95 earnings per share. On average, equities analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradyne in a report on Thursday, January 22nd. Evercore increased their price objective on shares of Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Susquehanna reaffirmed a “positive” rating and set a $335.00 price objective on shares of Teradyne in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus set a $325.00 target price on Teradyne in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $275.53.

Check Out Our Latest Report on Teradyne

Teradyne Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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