SG Americas Securities LLC Has $2.18 Million Stock Position in Teleflex Incorporated $TFX

SG Americas Securities LLC boosted its holdings in Teleflex Incorporated (NYSE:TFX) by 123.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,189 shares of the medical technology company’s stock after buying an additional 10,052 shares during the period. SG Americas Securities LLC’s holdings in Teleflex were worth $2,176,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TFX. Banque Cantonale Vaudoise grew its stake in shares of Teleflex by 82.5% in the fourth quarter. Banque Cantonale Vaudoise now owns 250 shares of the medical technology company’s stock worth $31,000 after acquiring an additional 113 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Teleflex during the 4th quarter valued at $37,000. UMB Bank n.a. raised its stake in Teleflex by 57.1% during the 4th quarter. UMB Bank n.a. now owns 311 shares of the medical technology company’s stock valued at $38,000 after purchasing an additional 113 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Teleflex in the 4th quarter valued at $45,000. Finally, Kestra Advisory Services LLC bought a new stake in Teleflex in the 4th quarter valued at $45,000. 95.62% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on TFX. Bank of America upgraded shares of Teleflex from an “underperform” rating to a “neutral” rating and set a $135.00 price objective on the stock in a report on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Teleflex in a research note on Wednesday, June 24th. Piper Sandler raised Teleflex from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $140.00 to $160.00 in a research report on Monday, June 8th. Wells Fargo & Company boosted their price target on Teleflex from $130.00 to $138.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $143.00 price target (up from $135.00) on shares of Teleflex in a report on Monday, May 11th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $146.00.

Teleflex Stock Performance

Shares of NYSE:TFX opened at $129.89 on Thursday. 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 $129.85 and its two-hundred day moving average price is $119.63. Teleflex Incorporated has a fifty-two week low of $100.18 and a fifty-two week high of $139.67. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of -5.70, a price-to-earnings-growth ratio of 0.94 and a beta of 0.82.

Teleflex (NYSE:TFX) last issued its quarterly earnings data on Thursday, May 7th. The medical technology company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.18. The company 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 business’s revenue was up 32.3% on a year-over-year basis. During the same period last year, the business earned $1.44 earnings per share. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts predict that Teleflex Incorporated will post 6.7 EPS for the current fiscal year.

Teleflex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, May 25th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Teleflex’s dividend payout ratio is currently -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.