Teleflex Incorporated $TFX Stake Boosted by LSV Asset Management

LSV Asset Management increased its position in shares of Teleflex Incorporated (NYSE:TFX) by 685.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,600 shares of the medical technology company’s stock after purchasing an additional 55,500 shares during the quarter. LSV Asset Management’s holdings in Teleflex were worth $7,762,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TFX. Banque Cantonale Vaudoise lifted its stake in Teleflex by 82.5% during the fourth quarter. Banque Cantonale Vaudoise now owns 250 shares of the medical technology company’s stock worth $31,000 after purchasing an additional 113 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Teleflex by 248.8% during the third quarter. Hantz Financial Services Inc. now owns 279 shares of the medical technology company’s stock worth $34,000 after purchasing an additional 199 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Teleflex during the third quarter worth $35,000. V Square Quantitative Management LLC bought a new position in Teleflex during the fourth quarter worth $37,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Teleflex by 496.7% during the third quarter. Cullen Frost Bankers Inc. now owns 358 shares of the medical technology company’s stock worth $44,000 after purchasing an additional 298 shares during the last quarter. 95.62% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Truist Financial reaffirmed a “hold” rating and issued a $143.00 target price (up from $135.00) on shares of Teleflex in a research report on Monday, May 11th. Raymond James Financial reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Teleflex in a research report on Friday, May 8th. Zacks Research raised Teleflex from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Mizuho set a $140.00 target price on Teleflex in a research report on Friday, May 8th. Finally, Royal Bank Of Canada raised Teleflex from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $135.00 to $155.00 in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $144.00.

Teleflex Price Performance

Shares of NYSE TFX opened at $132.02 on Wednesday. Teleflex Incorporated has a 1-year low of $100.18 and a 1-year high of $139.67. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.55 and a quick ratio of 2.03. The business’s fifty day moving average price is $123.62 and its two-hundred day moving average price is $116.99. The firm has a market capitalization of $5.84 billion, a PE ratio of -5.79, a P/E/G ratio of 0.99 and a beta of 0.82.

Teleflex (NYSE:TFX) last issued its earnings results on Thursday, May 7th. The medical technology company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.18. The firm had revenue of $548.30 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 32.3% on a year-over-year basis. During the same period last year, the company earned $1.44 earnings per share. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. On average, research analysts expect that Teleflex Incorporated will post 6.7 EPS for the current year.

Teleflex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, May 25th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, May 22nd. Teleflex’s dividend payout ratio (DPR) is -5.96%.

Teleflex Profile

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.