Teradyne, Inc. (TER) Holdings Lifted by Bronfman E.L. Rothschild L.P.
Bronfman E.L. Rothschild L.P. raised its holdings in shares of Teradyne, Inc. (NYSE:TER) by 2,678.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,195 shares of the semiconductor company’s stock after buying an additional 4,044 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Teradyne were worth $156,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Teradyne by 238.2% during the second quarter. JPMorgan Chase & Co. now owns 3,877,810 shares of the semiconductor company’s stock valued at $116,451,000 after acquiring an additional 2,731,167 shares in the last quarter. BlackRock Inc. raised its stake in shares of Teradyne by 13.3% during the second quarter. BlackRock Inc. now owns 20,807,353 shares of the semiconductor company’s stock valued at $624,846,000 after acquiring an additional 2,437,869 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Teradyne by 71.0% during the second quarter. Wells Fargo & Company MN now owns 4,293,075 shares of the semiconductor company’s stock valued at $128,922,000 after acquiring an additional 1,781,854 shares in the last quarter. Coatue Management LLC bought a new stake in shares of Teradyne during the second quarter valued at approximately $39,545,000. Finally, Renaissance Technologies LLC raised its stake in shares of Teradyne by 200.9% during the second quarter. Renaissance Technologies LLC now owns 1,886,700 shares of the semiconductor company’s stock valued at $56,658,000 after acquiring an additional 1,259,599 shares in the last quarter. Institutional investors and hedge funds own 97.17% of the company’s stock.
Shares of Teradyne, Inc. (TER) traded down $0.74 during trading hours on Friday, reaching $43.28. 1,392,500 shares of the company were exchanged, compared to its average volume of 2,442,622. The company has a market capitalization of $8,489.71, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 1.62 and a beta of 1.04. Teradyne, Inc. has a 52 week low of $23.39 and a 52 week high of $44.63. The company has a quick ratio of 4.67, a current ratio of 4.96 and a debt-to-equity ratio of 0.17.
Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.11. The company had revenue of $503.40 million during the quarter, compared to the consensus estimate of $472.86 million. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. Teradyne’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. equities analysts anticipate that Teradyne, Inc. will post 2.22 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Wednesday, November 29th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Tuesday, November 28th. Teradyne’s dividend payout ratio (DPR) is 13.08%.
In related news, Director Edwin J. Gillis sold 41,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $35.63, for a total value of $1,460,830.00. Following the completion of the transaction, the director now owns 49,638 shares of the company’s stock, valued at $1,768,601.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael A. Bradley sold 20,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $43.67, for a total value of $873,400.00. Following the transaction, the director now directly owns 133,504 shares in the company, valued at $5,830,119.68. The disclosure for this sale can be found here. Insiders sold 236,012 shares of company stock valued at $9,495,829 in the last three months. 0.62% of the stock is currently owned by insiders.
Several analysts have recently weighed in on TER shares. Zacks Investment Research raised shares of Teradyne from a “sell” rating to a “hold” rating and set a $39.00 price target for the company in a research note on Thursday, July 27th. KeyCorp raised shares of Teradyne from a “sector weight” rating to an “overweight” rating and set a $40.00 price target for the company in a research note on Thursday, July 27th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Teradyne in a research note on Thursday, July 27th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Teradyne in a research note on Thursday, July 27th. Finally, Cowen Inc set a $41.00 price target on shares of Teradyne and gave the company a “buy” rating in a research note on Friday, July 28th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $41.00.
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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