WINTON GROUP Ltd bought a new stake in Teleflex Incorporated (NYSE:TFX – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,296 shares of the medical technology company’s stock, valued at approximately $524,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise lifted its holdings in Teleflex by 82.5% in the fourth quarter. Banque Cantonale Vaudoise now owns 250 shares of the medical technology company’s stock valued at $31,000 after acquiring an additional 113 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Teleflex by 248.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 279 shares of the medical technology company’s stock worth $34,000 after buying an additional 199 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Teleflex during the 4th quarter worth $37,000. Sound Income Strategies LLC acquired a new position in shares of Teleflex during the 4th quarter worth $45,000. Finally, Danske Bank A S acquired a new position in shares of Teleflex during the 3rd quarter worth $54,000. Institutional investors and hedge funds own 95.62% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on TFX shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Teleflex in a research note on Friday, March 27th. Needham & Company LLC lifted their price target on Teleflex from $138.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Wells Fargo & Company lifted their price target on Teleflex from $130.00 to $138.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Truist Financial reaffirmed a “hold” rating and set a $143.00 price target (up from $135.00) on shares of Teleflex in a research note on Monday, May 11th. Finally, Bank of America raised Teleflex from an “underperform” rating to a “neutral” rating and set a $135.00 price target for the company in a research note on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $146.00.
Teleflex Trading Down 2.6%
Teleflex stock opened at $132.27 on Thursday. The stock has a market cap of $5.86 billion, a PE ratio of -5.80, a P/E/G ratio of 1.01 and a beta of 0.82. The stock has a 50-day moving average price of $128.24 and a 200 day moving average price of $118.71. Teleflex Incorporated has a 52 week low of $100.18 and a 52 week high of $139.67. The company has a current ratio of 2.55, a quick ratio of 2.03 and a debt-to-equity ratio of 0.82.
Teleflex (NYSE:TFX – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The medical technology company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.18. The firm had revenue of $548.30 million during the quarter, compared to analysts’ expectations of $536.91 million. Teleflex had a positive return on equity of 13.29% and a negative net margin of 35.88%.The firm’s quarterly revenue was up 32.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 EPS. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts predict that Teleflex Incorporated will post 6.7 earnings per share for the current fiscal year.
Teleflex Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, May 25th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, May 22nd. Teleflex’s dividend payout ratio (DPR) is currently -5.96%.
About Teleflex
Teleflex Incorporated is a diversified global provider of medical technologies, specializing in critical care and surgery. Headquartered in Wayne, Pennsylvania, the company designs, manufactures and distributes devices and solutions used by healthcare professionals in hospital, ambulatory and alternate site settings. Teleflex focuses on delivering products that support complex interventional procedures and improve patient outcomes.
The company’s offerings span several key segments, including Interventional Urology, Respiratory & Anesthesia, Surgical, Cardiac Care, Vascular and Original Equipment Manufacturer (OEM) solutions.
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