Marshall Financial Group LLC Sells 9,041 Shares of Teradyne, Inc. $TER

Marshall Financial Group LLC trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 78.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,421 shares of the company’s stock after selling 9,041 shares during the quarter. Marshall Financial Group LLC’s holdings in Teradyne were worth $469,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. True Wealth Design LLC raised its holdings in shares of Teradyne by 49.6% in the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $41,000 after acquiring an additional 70 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Teradyne during the 3rd quarter valued at about $31,000. Davidson Capital Management Inc. purchased a new position in shares of Teradyne during the third quarter worth about $31,000. Hemington Wealth Management grew its holdings in shares of Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Teradyne in the third quarter worth approximately $41,000. 99.77% of the stock is currently owned by institutional investors.

Teradyne Price Performance

NASDAQ:TER opened at $303.92 on Tuesday. The company has a market capitalization of $47.58 billion, a price-to-earnings ratio of 87.33, a PEG ratio of 1.80 and a beta of 1.76. The business has a 50 day moving average of $284.13 and a 200 day moving average of $207.88. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $344.92.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 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 analysts’ expectations of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The business’s quarterly revenue was up 43.9% on a year-over-year basis. During the same period last year, the business earned $0.95 earnings per share. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Robert W. Baird set a $305.00 target price on shares of Teradyne in a research note on Wednesday, February 4th. Vertical Research cut shares of Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price target for the company. in a research note on Friday, January 9th. Royal Bank Of Canada set a $270.00 price target on shares of Teradyne in a report on Monday, February 2nd. Evercore raised their price objective on shares of Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Finally, Stifel Nicolaus set a $325.00 price objective on shares of Teradyne in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $273.73.

About Teradyne

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.