Boston Trust Walden Corp Has $33.43 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Boston Trust Walden Corp trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 404,764 shares of the company's stock after selling 3,413 shares during the period. Boston Trust Walden Corp owned 0.25% of Teradyne worth $33,433,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TER. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Teradyne in the fourth quarter valued at approximately $34,000. AllSquare Wealth Management LLC increased its stake in shares of Teradyne by 200.0% in the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock valued at $38,000 after purchasing an additional 200 shares during the period. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Teradyne in the fourth quarter valued at approximately $45,000. Sentry Investment Management LLC acquired a new stake in shares of Teradyne in the first quarter valued at approximately $45,000. Finally, Atala Financial Inc acquired a new stake in shares of Teradyne in the fourth quarter valued at approximately $47,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on TER shares. Citigroup reduced their price target on shares of Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. TD Cowen cut their price target on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, March 12th. Bank of America cut their price target on shares of Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a report on Wednesday, March 12th. Morgan Stanley lowered their target price on shares of Teradyne from $81.00 to $69.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Robert W. Baird lowered their target price on shares of Teradyne from $140.00 to $110.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $114.67.

Teradyne Stock Up 1.2%

TER traded up $1.07 during trading hours on Monday, hitting $87.36. 3,743,446 shares of the company's stock were exchanged, compared to its average volume of 2,651,865. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $163.21. The stock's 50-day moving average is $79.71 and its two-hundred day moving average is $99.60. The stock has a market cap of $14.01 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 3.77 and a beta of 1.69.

Teradyne (NASDAQ:TER - Get Free Report) last announced its earnings results on Monday, April 28th. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.14. Teradyne had a return on equity of 20.06% and a net margin of 19.86%. The company had revenue of $685.70 million for the quarter, compared to analyst estimates of $680.54 million. During the same quarter last year, the company earned $0.51 earnings per share. The firm's quarterly revenue was up 14.3% compared to the same quarter last year. On average, equities research analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Thursday, May 22nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.48 annualized dividend and a yield of 0.55%. Teradyne's dividend payout ratio is presently 13.56%.

Teradyne announced that its board has authorized a stock repurchase plan on Monday, April 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

About Teradyne

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.