Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Raymond James & Associates

Raymond James & Associates raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 6.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 479,354 shares of the company's stock after purchasing an additional 30,773 shares during the period. Raymond James & Associates owned approximately 0.31% of Teradyne worth $54,086,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Mutual of America Capital Management LLC boosted its stake in shares of Teradyne by 6.6% in the 4th quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company's stock valued at $4,555,000 after purchasing an additional 2,590 shares during the last quarter. International Assets Investment Management LLC boosted its position in Teradyne by 8,125.5% during the fourth quarter. International Assets Investment Management LLC now owns 133,088 shares of the company's stock valued at $14,443,000 after acquiring an additional 131,470 shares during the last quarter. Value Aligned Research Advisors LLC acquired a new stake in Teradyne during the 4th quarter worth about $2,981,000. Louisiana State Employees Retirement System bought a new position in shares of Teradyne in the 4th quarter worth about $998,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Teradyne by 3.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,632,831 shares of the company's stock valued at $164,034,000 after purchasing an additional 47,889 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Teradyne Trading Up 2.6 %

Shares of NASDAQ:TER traded up $3.05 during mid-day trading on Friday, hitting $120.44. 2,694,180 shares of the company traded hands, compared to its average volume of 2,462,491. The stock has a 50-day moving average price of $107.25 and a two-hundred day moving average price of $101.19. Teradyne, Inc. has a 12-month low of $81.07 and a 12-month high of $121.86. The stock has a market cap of $18.42 billion, a P/E ratio of 45.79 and a beta of 1.50.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.18. The firm had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.55 EPS. As a group, analysts expect that Teradyne, Inc. will post 2.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TER shares. Robert W. Baird raised their target price on Teradyne from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. The Goldman Sachs Group lifted their price objective on shares of Teradyne from $107.00 to $118.00 and gave the company a "neutral" rating in a research note on Friday, April 26th. JPMorgan Chase & Co. increased their target price on shares of Teradyne from $100.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, April 11th. Evercore ISI began coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an "outperform" rating and a $130.00 price target for the company. Finally, Susquehanna upped their price objective on shares of Teradyne from $125.00 to $130.00 and gave the company a "positive" rating in a report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Teradyne has an average rating of "Hold" and a consensus price target of $117.83.

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.