WFG Advisors LP raised its stake in shares of Teradyne, Inc. (NYSE:TER) by 21.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,900 shares of the semiconductor company’s stock after purchasing an additional 700 shares during the quarter. WFG Advisors LP’s holdings in Teradyne were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TER. First Trust Advisors LP boosted its holdings in Teradyne by 19.0% during the first quarter. First Trust Advisors LP now owns 36,143 shares of the semiconductor company’s stock valued at $1,124,000 after purchasing an additional 5,766 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in Teradyne by 9.3% during the first quarter. OppenheimerFunds Inc. now owns 14,182 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 1,210 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Teradyne by 18.1% during the first quarter. Wellington Management Group LLP now owns 287,202 shares of the semiconductor company’s stock valued at $8,932,000 after purchasing an additional 44,032 shares in the last quarter. Teachers Advisors LLC boosted its holdings in Teradyne by 36.4% during the first quarter. Teachers Advisors LLC now owns 380,846 shares of the semiconductor company’s stock valued at $11,844,000 after purchasing an additional 101,600 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Teradyne by 6.7% during the first quarter. PNC Financial Services Group Inc. now owns 7,207 shares of the semiconductor company’s stock valued at $224,000 after purchasing an additional 454 shares in the last quarter. 93.11% of the stock is currently owned by institutional investors.

A number of equities research analysts have weighed in on TER shares. BidaskClub raised Teradyne from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Cowen and Company set a $41.00 price objective on Teradyne and gave the company a “buy” rating in a report on Friday, July 28th. Stifel Nicolaus reissued a “buy” rating on shares of Teradyne in a report on Thursday, July 27th. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Friday, August 25th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of Teradyne in a report on Friday, September 1st. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $36.83.

In other Teradyne news, insider Mark E. Jagiela sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $34.50, for a total value of $1,035,000.00. Following the sale, the insider now owns 248,413 shares in the company, valued at $8,570,248.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brad Robbins sold 15,892 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $34.54, for a total transaction of $548,909.68. Following the completion of the sale, the insider now owns 19,171 shares in the company, valued at approximately $662,166.34. The disclosure for this sale can be found here. Insiders sold 141,698 shares of company stock worth $5,012,857 in the last 90 days. Company insiders own 0.62% of the company’s stock.

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Teradyne, Inc. (NYSE:TER) opened at 39.11 on Friday. The firm’s 50-day moving average price is $37.05 and its 200 day moving average price is $34.61. The firm has a market cap of $7.74 billion, a P/E ratio of 20.18 and a beta of 0.98. Teradyne, Inc. has a 12-month low of $21.63 and a 12-month high of $39.47.

Teradyne (NYSE:TER) last announced its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.04. The business had revenue of $697.00 million for the quarter, compared to analysts’ expectations of $683.66 million. Teradyne had a net margin of 20.08% and a return on equity of 21.25%. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share. Analysts forecast that Teradyne, Inc. will post $1.98 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, September 7th were paid a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.28 dividend on an annualized basis and a yield of 0.72%. Teradyne’s dividend payout ratio (DPR) is 14.51%.

Teradyne Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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