State of Tennessee Treasury Department grew its stake in Teradyne, Inc. (NYSE:TER) by 10.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 171,453 shares of the semiconductor company’s stock after buying an additional 16,033 shares during the quarter. State of Tennessee Treasury Department’s holdings in Teradyne were worth $9,288,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. CWM LLC raised its holdings in Teradyne by 233.9% in the 1st quarter. CWM LLC now owns 571 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 400 shares during the period. Archer Investment Corp acquired a new stake in shares of Teradyne in the fourth quarter valued at $33,000. Flagship Harbor Advisors LLC raised its stake in shares of Teradyne by 51.7% in the first quarter. Flagship Harbor Advisors LLC now owns 678 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 231 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Teradyne by 1,126.2% in the first quarter. Exchange Traded Concepts LLC now owns 748 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 687 shares in the last quarter. Finally, Carroll Financial Associates Inc. acquired a new stake in Teradyne in the first quarter valued at $44,000.

Shares of TER stock traded down $2.17 during midday trading on Friday, reaching $82.66. 382,892 shares of the company traded hands, compared to its average volume of 2,462,993. The firm’s 50 day simple moving average is $69.00 and its two-hundred day simple moving average is $64.97. Teradyne, Inc. has a 1-year low of $42.87 and a 1-year high of $85.42. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76. The firm has a market cap of $14.06 billion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25.

Teradyne (NYSE:TER) last issued its quarterly earnings data on Tuesday, April 21st. The semiconductor company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.12. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm had revenue of $704.36 million during the quarter, compared to the consensus estimate of $678.01 million. During the same period in the previous year, the firm posted $0.54 EPS. The company’s quarterly revenue was up 42.6% compared to the same quarter last year. As a group, research analysts anticipate that Teradyne, Inc. will post 2.25 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Wednesday, May 27th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 26th. This represents a $0.40 annualized dividend and a dividend yield of 0.48%. Teradyne’s dividend payout ratio is currently 17.09%.

A number of analysts have weighed in on TER shares. UBS Group cut Teradyne from a “neutral” rating to a “sell” rating and cut their price target for the company from $58.00 to $52.00 in a research note on Thursday, April 23rd. Deutsche Bank reissued a “buy” rating and set a $85.00 price target (up previously from $72.00) on shares of Teradyne in a report on Thursday, June 18th. Susquehanna Bancshares reissued a “sell” rating and set a $48.00 price target on shares of Teradyne in a report on Wednesday, April 22nd. Cfra lowered their price target on Teradyne from $80.00 to $68.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Finally, Zacks Investment Research lowered Teradyne from a “buy” rating to a “hold” rating and set a $71.00 price target on the stock. in a report on Thursday, May 28th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $71.07.

In other Teradyne news, CEO Mark E. Jagiela sold 30,976 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $60.62, for a total value of $1,877,765.12. Following the completion of the transaction, the chief executive officer now directly owns 441,437 shares in the company, valued at approximately $26,759,910.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edwin J. Gillis sold 25,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $63.09, for a total value of $1,577,250.00. Following the completion of the transaction, the director now owns 34,418 shares of the company’s stock, valued at $2,171,431.62. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

Recommended Story: How a Strangle Strategy is different from a Straddle Strategy

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. (NYSE:TER).

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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.