Oppenheimer & Co. Inc. lifted its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 187.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 47,266 shares of the company’s stock after purchasing an additional 30,812 shares during the period. Oppenheimer & Co. Inc.’s holdings in Teradyne were worth $6,506,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in TER. Integrated Wealth Concepts LLC grew its holdings in Teradyne by 12.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after acquiring an additional 468 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Teradyne during the first quarter valued at about $297,000. Maryland State Retirement & Pension System boosted its holdings in shares of Teradyne by 7.1% during the second quarter. Maryland State Retirement & Pension System now owns 7,816 shares of the company’s stock worth $703,000 after purchasing an additional 516 shares during the period. Callan Family Office LLC bought a new stake in shares of Teradyne in the second quarter worth about $346,000. Finally, IFP Advisors Inc increased its holdings in Teradyne by 18.8% during the 2nd quarter. IFP Advisors Inc now owns 2,695 shares of the company’s stock valued at $249,000 after purchasing an additional 426 shares during the period. 99.77% of the stock is owned by hedge funds and other institutional investors.
Teradyne Stock Down 1.7%
Shares of TER stock opened at $304.89 on Wednesday. The business’s fifty day moving average is $222.50 and its 200 day moving average is $167.45. The stock has a market cap of $47.75 billion, a price-to-earnings ratio of 87.61, a PEG ratio of 1.94 and a beta of 1.83. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $316.54.
Teradyne Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.48 annualized dividend and a yield of 0.2%. Teradyne’s payout ratio is presently 13.79%.
Analysts Set New Price Targets
A number of research firms have commented on TER. Bank of America upped their price target on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Evercore boosted their target price on Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Northland Securities reaffirmed a “market perform” rating and issued a $270.00 price target on shares of Teradyne in a research note on Wednesday, February 4th. Stifel Nicolaus set a $325.00 price target on shares of Teradyne in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group boosted their price objective on shares of Teradyne from $230.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and a consensus price target of $255.18.
View Our Latest Research Report on Teradyne
Insiders Place Their Bets
In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.31, for a total transaction of $223,051.48. Following the completion of the transaction, the chief executive officer owned 93,409 shares of the company’s stock, valued at approximately $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.16% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Teradyne
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
