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4,313 Shares in Teradyne, Inc. $TER Acquired by Kingswood Wealth Advisors LLC

Teradyne logo with Computer and Technology background
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Key Points

  • Kingswood Wealth Advisors LLC opened a new position in Teradyne, buying 4,313 shares in the fourth quarter valued at roughly $835,000.
  • Teradyne beat expectations in its latest quarter with $1.80 EPS vs. $1.36 expected and $1.08B in revenue (up 43.9% YoY), and its stock is trading near a 52‑week high with a $65.45B market cap.
  • Analysts are generally positive (consensus "Moderate Buy" with an average target of $314.53), but valuation is stretched (P/E ~120), creating pullback risk if future results or guidance disappoint.
  • MarketBeat previews top five stocks to own in May.

Kingswood Wealth Advisors LLC purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,313 shares of the company's stock, valued at approximately $835,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TER. Root Financial Partners LLC acquired a new position in Teradyne during the 3rd quarter worth approximately $31,000. Davidson Capital Management Inc. acquired a new position in Teradyne during the 3rd quarter worth approximately $31,000. CYBER HORNET ETFs LLC acquired a new position in Teradyne during the 2nd quarter worth approximately $35,000. Hemington Wealth Management lifted its position in Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company's stock worth $36,000 after acquiring an additional 79 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teradyne during the 4th quarter worth approximately $37,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Stock Up 4.3%

Shares of TER opened at $418.08 on Friday. The business's 50 day moving average is $325.46 and its two-hundred day moving average is $242.98. Teradyne, Inc. has a 52-week low of $71.27 and a 52-week high of $422.11. The firm has a market cap of $65.45 billion, a price-to-earnings ratio of 120.14, a PEG ratio of 2.40 and a beta of 1.79.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, beating analysts' consensus estimates of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $970.44 million. During the same period in the previous year, the business earned $0.95 EPS. The business's quarterly revenue was up 43.9% on a year-over-year basis. On average, equities analysts expect that Teradyne, Inc. will post 6.12 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, February 13th. Teradyne's payout ratio is 14.94%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Northland Securities reaffirmed a "market perform" rating and issued a $270.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. Morgan Stanley set a $306.00 target price on Teradyne in a research report on Wednesday, February 11th. JPMorgan Chase & Co. upped their target price on Teradyne from $315.00 to $400.00 and gave the company a "neutral" rating in a research report on Thursday, April 16th. Citigroup upped their target price on Teradyne from $215.00 to $325.00 and gave the company a "buy" rating in a research report on Wednesday, February 4th. Finally, Zacks Research lowered Teradyne from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $314.53.

Check Out Our Latest Stock Report on TER

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

Teradyne Profile

(Free Report)

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.

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Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER - Free Report).

Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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