World Investment Advisors Invests $1.01 Million in Teradyne, Inc. $TER

World Investment Advisors purchased a new stake in Teradyne, Inc. (NASDAQ:TER) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,362 shares of the company’s stock, valued at approximately $1,013,000.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Nova Scotia grew its position in shares of Teradyne by 546.5% during the 2nd quarter. Bank of Nova Scotia now owns 98,254 shares of the company’s stock worth $8,835,000 after purchasing an additional 83,055 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Teradyne by 3.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 277,002 shares of the company’s stock valued at $24,908,000 after buying an additional 9,094 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Teradyne by 291.6% in the second quarter. Thrivent Financial for Lutherans now owns 24,995 shares of the company’s stock valued at $2,247,000 after buying an additional 18,612 shares during the period. Sequoia Financial Advisors LLC grew its position in Teradyne by 73.3% during the second quarter. Sequoia Financial Advisors LLC now owns 4,585 shares of the company’s stock worth $412,000 after buying an additional 1,939 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Teradyne by 17.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,760 shares of the company’s stock worth $11,893,000 after acquiring an additional 21,219 shares during the period. Institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 1,108 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the sale, the chief executive officer owned 93,409 shares in the company, valued at $18,804,165.79. The trade was a 1.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 3,324 shares of company stock worth $583,639. Company insiders own 0.16% of the company’s stock.

Teradyne Trading Up 0.2%

TER stock opened at $198.90 on Monday. The firm has a 50-day moving average price of $178.70 and a 200-day moving average price of $134.61. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $205.00. The stock has a market capitalization of $31.15 billion, a P/E ratio of 72.33, a price-to-earnings-growth ratio of 2.08 and a beta of 1.85.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. The company had revenue of $769.21 million for the quarter, compared to analyst estimates of $744.20 million. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 EPS. As a group, equities analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, November 24th. Teradyne’s dividend payout ratio is presently 17.45%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Teradyne from a “sell” rating to a “buy” rating and upped their target price for the company from $148.00 to $230.00 in a research report on Monday, December 15th. Stifel Nicolaus set a $225.00 price target on Teradyne and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Northland Securities set a $186.00 price objective on shares of Teradyne in a research note on Thursday, October 30th. Bank of America raised shares of Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Wednesday, October 29th. Finally, Robert W. Baird set a $195.00 price target on shares of Teradyne in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $185.75.

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.