EHP Funds Inc. Acquires Shares of 3,019 Teradyne, Inc. $TER

EHP Funds Inc. bought a new stake in Teradyne, Inc. (NASDAQ:TER) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,019 shares of the company’s stock, valued at approximately $416,000.

Several other large investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Teradyne during the 3rd quarter worth about $31,000. Davidson Capital Management Inc. bought a new position in Teradyne during the 3rd quarter valued at about $31,000. CYBER HORNET ETFs LLC acquired a new position in Teradyne in the second quarter valued at about $35,000. Hemington Wealth Management grew its stake in 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 during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Teradyne during the second quarter worth about $43,000. Institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

TER opened at $286.42 on Friday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $344.92. The company’s 50 day simple moving average is $274.81 and its 200-day simple moving average is $199.12. The stock has a market capitalization of $44.84 billion, a P/E ratio of 82.30, a price-to-earnings-growth ratio of 1.78 and a beta of 1.76.

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

Teradyne Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TER shares. Stifel Nicolaus set a $325.00 target price on shares of Teradyne in a research note on Wednesday, February 4th. Morgan Stanley set a $306.00 price target on Teradyne in a research report on Wednesday, February 11th. Susquehanna reaffirmed a “positive” rating and set a $335.00 price target on shares of Teradyne in a report on Wednesday, February 4th. Bank of America lifted their price objective on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.