Teradyne, Inc. $TER Shares Purchased by Generali Investments Management Co LLC

Generali Investments Management Co LLC boosted its holdings in Teradyne, Inc. (NASDAQ:TER) by 25.8% during the third quarter, HoldingsChannel.com reports. The fund owned 16,768 shares of the company’s stock after acquiring an additional 3,437 shares during the period. Generali Investments Management Co LLC’s holdings in Teradyne were worth $2,308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock worth $2,947,935,000 after purchasing an additional 444,940 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Teradyne by 3.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock worth $442,413,000 after acquiring an additional 143,058 shares during the period. Federated Hermes Inc. lifted its position in Teradyne by 79.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock valued at $340,353,000 after purchasing an additional 1,679,215 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Teradyne by 11.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after purchasing an additional 354,876 shares during the last quarter. Finally, Primecap Management Co. CA raised its holdings in shares of Teradyne by 58.6% during the second quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock valued at $274,036,000 after buying an additional 1,125,868 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Teradyne Trading Down 3.0%

Shares of NASDAQ:TER opened at $332.70 on Friday. The firm has a market capitalization of $52.09 billion, a PE ratio of 95.60, a PEG ratio of 2.13 and a beta of 1.83. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $344.92. The business’s 50 day moving average is $252.19 and its 200-day moving average is $184.66.

Teradyne (NASDAQ:TER) last issued its earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping the consensus estimate of $1.36 by $0.44. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.Teradyne’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period last year, the business earned $0.95 earnings per share. On average, sell-side analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, February 13th. Teradyne’s dividend payout ratio is 14.94%.

Analysts Set New Price Targets

Several analysts recently commented on TER shares. The Goldman Sachs Group raised their target price on Teradyne from $230.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Citigroup boosted their price objective on Teradyne from $215.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Cantor Fitzgerald raised their price objective on shares of Teradyne from $240.00 to $270.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Finally, Evercore increased their target price on shares of Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $256.24.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.31, for a total transaction of $223,051.48. Following the completion of the transaction, the chief executive officer owned 93,409 shares in the company, valued at $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is currently owned by corporate insiders.

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.