KBC Group NV lowered its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 17.0% in the course of the third quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities & Change Fee. The agency owned 22,423 shares of the corporate’s inventory after promoting 4,607 shares in the course of the quarter. KBC Group NV’s holdings in Teradyne have been value $3,003,000 on the finish of the newest quarter.
Different hedge funds and different institutional traders have additionally not too long ago added to or diminished their stakes within the firm. Ashton Thomas Personal Wealth LLC purchased a brand new stake in shares of Teradyne within the 2nd quarter valued at roughly $27,000. Capital Efficiency Advisors LLP acquired a brand new stake in Teradyne within the third quarter valued at $29,000. Rothschild Funding LLC acquired a brand new place in Teradyne in the course of the second quarter value $33,000. Quarry LP lifted its holdings in shares of Teradyne by 256.1% in the course of the second quarter. Quarry LP now owns 235 shares of the corporate’s inventory valued at $35,000 after buying an extra 169 shares in the course of the interval. Lastly, Tortoise Funding Administration LLC boosted its stake in shares of Teradyne by 76.1% within the 2nd quarter. Tortoise Funding Administration LLC now owns 273 shares of the corporate’s inventory valued at $40,000 after buying an extra 118 shares within the final quarter. Institutional traders personal 99.77% of the corporate’s inventory.
Teradyne Buying and selling Down 3.7 %
Shares of NASDAQ:TER opened at $102.58 on Monday. Teradyne, Inc. has a 1-year low of $90.24 and a 1-year excessive of $163.21. The inventory has a market capitalization of $16.71 billion, a P/E ratio of 32.57, a P/E/G ratio of two.22 and a beta of 1.52. The enterprise has a 50-day shifting common value of $122.33 and a two-hundred day shifting common value of $132.25.
Teradyne (NASDAQ:TER – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, October twenty third. The corporate reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.12. Teradyne had a return on fairness of 18.56% and a internet margin of 18.75%. The corporate had income of $737.30 million for the quarter, in comparison with the consensus estimate of $716.40 million. Throughout the identical quarter within the prior 12 months, the enterprise posted $0.80 EPS. The agency’s quarterly income was up 4.8% on a year-over-year foundation. As a bunch, equities analysts predict that Teradyne, Inc. will put up 3.17 EPS for the present 12 months.
Teradyne Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which can be paid on Wednesday, December 18th. Shareholders of file on Monday, November twenty fifth can be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, November twenty fifth. This represents a $0.48 annualized dividend and a yield of 0.47%. Teradyne’s dividend payout ratio (DPR) is presently 15.24%.
Teradyne introduced that its Board of Administrators has authorised a share repurchase plan on Monday, November eleventh that allows the corporate to repurchase $100.00 million in excellent shares. This repurchase authorization permits the corporate to repurchase as much as 0.6% of its inventory by open market purchases. Inventory repurchase plans are usually a sign that the corporate’s board of administrators believes its inventory is undervalued.
Analyst Upgrades and Downgrades
A number of brokerages not too long ago issued experiences on TER. Robert W. Baird lower their value goal on shares of Teradyne from $140.00 to $133.00 and set an “outperform” score for the corporate in a report on Friday, October twenty fifth. Susquehanna lifted their goal value on shares of Teradyne from $130.00 to $145.00 and gave the corporate a “constructive” score in a analysis word on Friday, July twenty sixth. Stifel Nicolaus diminished their goal value on Teradyne from $140.00 to $125.00 and set a “maintain” score on the inventory in a report on Friday, October twenty fifth. Craig Hallum dropped their value goal on Teradyne from $124.00 to $111.00 and set a “maintain” score for the corporate in a report on Friday, October twenty fifth. Lastly, JPMorgan Chase & Co. boosted their value goal on Teradyne from $120.00 to $145.00 and gave the inventory a “impartial” score in a analysis word on Tuesday, July twenty third. One funding analyst has rated the inventory with a promote score, six have assigned a maintain score and eight have issued a purchase score to the inventory. In keeping with knowledge from MarketBeat.com, the inventory presently has a consensus score of “Maintain” and a median goal value of $142.62.
Learn Our Newest Report on Teradyne
Insider Shopping for and Promoting
In different Teradyne information, Director Mercedes Johnson offered 625 shares of the agency’s inventory in a transaction that occurred on Tuesday, September third. The shares have been offered at a median value of $133.49, for a complete transaction of $83,431.25. Following the sale, the director now straight owns 16,518 shares within the firm, valued at roughly $2,204,987.82. This commerce represents a 3.65 % lower of their place. The sale was disclosed in a submitting with the SEC, which is accessible by this hyperlink. Additionally, CEO Gregory Stephen Smith offered 3,080 shares of the corporate’s inventory in a transaction that occurred on Wednesday, September eleventh. The shares have been offered at a median value of $130.00, for a complete transaction of $400,400.00. Following the completion of the transaction, the chief government officer now owns 83,816 shares of the corporate’s inventory, valued at $10,896,080. This commerce represents a 3.54 % lower of their place. The disclosure for this sale might be discovered right here. Within the final quarter, insiders have offered 14,352 shares of firm inventory valued at $1,899,353. 0.36% of the inventory is owned by firm insiders.
About Teradyne
Teradyne, Inc designs, develops, manufactures, and sells automated take a look at techniques and robotics merchandise worldwide. It operates by 4 segments; Semiconductor Take a look at, System Take a look at, Robotics, and Wi-fi Take a look at. The Semiconductor Take a look at section provides services and products for wafer stage and system package deal testing of semiconductor gadgets in automotive, industrial, communications, shopper, smartphones, cloud, laptop and digital recreation, and different functions.
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