IQ EQ FUND MANAGEMENT IRELAND Ltd Grows Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

IQ EQ FUND MANAGEMENT IRELAND Ltd raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 57.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,278 shares of the company’s stock after acquiring an additional 10,283 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Teradyne were worth $3,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in TER. Thrivent Financial for Lutherans boosted its position in shares of Teradyne by 1.7% in the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after acquiring an additional 104 shares during the period. Advisors Asset Management Inc. boosted its holdings in Teradyne by 32.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,753 shares of the company’s stock valued at $369,000 after purchasing an additional 676 shares during the period. Raymond James Trust N.A. grew its position in shares of Teradyne by 8.2% during the 3rd quarter. Raymond James Trust N.A. now owns 3,337 shares of the company’s stock valued at $447,000 after purchasing an additional 253 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Teradyne by 87.1% in the third quarter. Cerity Partners LLC now owns 11,371 shares of the company’s stock worth $1,523,000 after purchasing an additional 5,294 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Teradyne by 34.6% in the third quarter. Larson Financial Group LLC now owns 1,681 shares of the company’s stock worth $225,000 after purchasing an additional 432 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In other news, CFO Sanjay Mehta sold 1,384 shares of Teradyne stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total transaction of $154,302.16. Following the sale, the chief financial officer now owns 36,576 shares of the company’s stock, valued at approximately $4,077,858.24. The trade was a 3.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction dated 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 owns 74,660 shares in the company, valued at $9,705,800. This represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,479 shares of company stock worth $1,013,134 in the last 90 days. Company insiders own 0.18% of the company’s stock.

Teradyne Stock Performance

Shares of TER stock opened at $88.01 on Thursday. The company has a market capitalization of $14.23 billion, a P/E ratio of 26.43, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a fifty-two week low of $82.98 and a fifty-two week high of $163.21. The stock has a 50 day moving average price of $110.05 and a two-hundred day moving average price of $117.99.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. Teradyne’s payout ratio is presently 14.41%.

Analyst Ratings Changes

Several equities analysts recently commented on TER shares. TD Cowen reduced their target price on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. KeyCorp dropped their target price on shares of Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Vertical Research initiated coverage on shares of Teradyne in a report on Friday, March 7th. They issued a “buy” rating and a $135.00 price target on the stock. Finally, Northland Securities lowered their price objective on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Teradyne Company 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.