Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp increased its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 408,177 shares of the company’s stock after acquiring an additional 13,020 shares during the period. Boston Trust Walden Corp owned approximately 0.25% of Teradyne worth $51,398,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in Teradyne during the third quarter worth $29,000. Quarry LP increased its position in shares of Teradyne by 256.1% in the second quarter. Quarry LP now owns 235 shares of the company’s stock valued at $35,000 after buying an additional 169 shares in the last quarter. Coastline Trust Co acquired a new position in shares of Teradyne during the 3rd quarter worth $46,000. Brooklyn Investment Group purchased a new stake in shares of Teradyne in the 3rd quarter worth about $52,000. Finally, Eastern Bank acquired a new stake in Teradyne in the 3rd quarter valued at about $67,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

Shares of NASDAQ TER opened at $115.79 on Monday. Teradyne, Inc. has a 1-year low of $92.29 and a 1-year high of $163.21. The company has a market capitalization of $18.86 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 2.67 and a beta of 1.45. The business has a 50-day moving average of $125.37 and a 200-day moving average of $124.88.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Research analysts expect that Teradyne, Inc. will post 4.02 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s payout ratio is 14.41%.

Teradyne declared that its board has approved a share buyback program on Monday, November 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 0.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TER shares. Robert W. Baird lowered their price target on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus cut their price target on Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a report on Friday, October 25th. Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. StockNews.com upgraded Teradyne from a “sell” rating to a “hold” rating in a research report on Sunday, October 27th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $160.00 target price on shares of Teradyne in a report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $143.77.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. This represents a 3.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Sanjay Mehta sold 1,789 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the sale, the chief financial officer now directly owns 33,308 shares of the company’s stock, valued at $4,013,947.08. The trade was a 5.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,434 shares of company stock valued at $785,137 in the last quarter. Company insiders own 0.18% of the company’s stock.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.