Caitlin John LLC Acquires 392 Shares of Teradyne, Inc. (NASDAQ:TER)

Caitlin John LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,874 shares of the company’s stock after buying an additional 392 shares during the period. Teradyne makes up about 1.7% of Caitlin John LLC’s investment portfolio, making the stock its 8th largest holding. Caitlin John LLC’s holdings in Teradyne were worth $2,628,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the company. Whittier Trust Co. lifted its position in Teradyne by 10.2% in the 3rd quarter. Whittier Trust Co. now owns 950 shares of the company’s stock worth $127,000 after buying an additional 88 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in Teradyne by 10.2% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock valued at $149,000 after purchasing an additional 103 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock worth $858,000 after purchasing an additional 104 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Teradyne by 3.1% during the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock worth $434,000 after purchasing an additional 105 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Teradyne by 0.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock valued at $2,666,000 after buying an additional 108 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Stifel Nicolaus lowered their target price on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a research report on Friday, October 25th. Cantor Fitzgerald reissued an “overweight” rating and set a $160.00 price objective on shares of Teradyne in a report on Thursday, January 30th. StockNews.com upgraded Teradyne from a “sell” rating to a “hold” rating in a report on Sunday, October 27th. Evercore ISI increased their price target on Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Finally, Northland Securities reduced their price objective on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $143.77.

Insider Activity at Teradyne

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. This trade represents a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sanjay Mehta sold 1,384 shares of Teradyne stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $154,302.16. Following the transaction, the chief financial officer now directly owns 36,576 shares in the company, valued at approximately $4,077,858.24. This represents a 3.65 % decrease in their ownership of the stock. 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 over the last 90 days. Insiders own 0.18% of the company’s stock.

Teradyne Trading Up 0.8 %

NASDAQ TER opened at $112.61 on Thursday. Teradyne, Inc. has a 1-year low of $95.80 and a 1-year high of $163.21. The company has a 50 day moving average of $125.52 and a 200-day moving average of $124.28. The firm has a market cap of $18.34 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 2.67 and a beta of 1.45.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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%. On average, analysts forecast that Teradyne, Inc. will post 4.02 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

Teradyne declared that its Board of Directors has authorized a share buyback plan on Monday, November 11th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 0.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

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.