Three Seasons Wealth LLC Purchases Shares of 4,632 Teradyne, Inc. $TER

Three Seasons Wealth LLC purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,632 shares of the company’s stock, valued at approximately $897,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC bought a new stake in Teradyne in the fourth quarter worth about $336,000. Affinity Wealth Management LLC boosted its position in shares of Teradyne by 1.8% during the 4th quarter. Affinity Wealth Management LLC now owns 44,431 shares of the company’s stock valued at $8,600,000 after purchasing an additional 800 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of Teradyne in the 4th quarter worth approximately $1,121,000. J. Safra Sarasin Holding AG acquired a new position in shares of Teradyne in the 4th quarter worth approximately $558,000. Finally, Mn Services Vermogensbeheer B.V. raised its holdings in shares of Teradyne by 3.0% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 62,219 shares of the company’s stock worth $12,043,000 after purchasing an additional 1,819 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TER shares. TD Cowen restated a “buy” rating on shares of Teradyne in a report on Thursday, January 22nd. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Evercore raised their price objective on Teradyne from $200.00 to $280.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Stifel Nicolaus set a $325.00 target price on Teradyne in a report on Wednesday, February 4th. Finally, UBS Group lifted their target price on Teradyne from $200.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and a consensus target price of $275.53.

Teradyne Price Performance

Shares of TER opened at $296.46 on Wednesday. The company has a 50-day moving average of $292.97 and a two-hundred day moving average of $215.69. The stock has a market cap of $46.41 billion, a price-to-earnings ratio of 85.19, a PEG ratio of 1.71 and a beta of 1.76. Teradyne, Inc. has a one year low of $65.77 and a one year high of $344.92.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.95 earnings per share. Analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne’s payout ratio is 14.94%.

Teradyne 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.