Janus Henderson Group PLC Increases Stock Holdings in Teleflex Incorporated $TFX

Janus Henderson Group PLC boosted its stake in shares of Teleflex Incorporated (NYSE:TFX) by 2.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,246,112 shares of the medical technology company’s stock after acquiring an additional 84,754 shares during the quarter. Janus Henderson Group PLC owned approximately 0.10% of Teleflex worth $518,196,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Banque Cantonale Vaudoise boosted 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 buying an additional 113 shares during the period. V Square Quantitative Management LLC purchased a new position in Teleflex during the fourth quarter worth about $37,000. UMB Bank n.a. boosted its stake in Teleflex by 57.1% during the fourth quarter. UMB Bank n.a. now owns 311 shares of the medical technology company’s stock worth $38,000 after buying an additional 113 shares during the period. Sound Income Strategies LLC purchased a new position in Teleflex during the fourth quarter worth about $45,000. Finally, Kestra Advisory Services LLC purchased a new position in Teleflex during the fourth quarter worth about $45,000. Hedge funds and other institutional investors own 95.62% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on TFX shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Teleflex in a research note on Friday, March 27th. Mizuho set a $140.00 target price on shares of Teleflex in a research note on Friday, May 8th. Wall Street Zen lowered shares of Teleflex from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Royal Bank Of Canada raised shares of 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 note on Friday, May 8th. Finally, Bank of America raised shares of Teleflex from an “underperform” rating to a “neutral” rating and set a $135.00 target price 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 assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $146.00.

Teleflex Stock Down 2.2%

Shares of TFX opened at $125.08 on Thursday. The stock has a market capitalization of $5.54 billion, a PE ratio of -5.49, a P/E/G ratio of 0.95 and a beta of 0.82. 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 quick ratio of 2.03 and a current ratio of 2.55. The company’s 50-day simple moving average is $129.31 and its 200-day simple moving average is $119.24.

Teleflex (NYSE:TFX) last issued its quarterly earnings results on Thursday, May 7th. The medical technology company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.18. The business had revenue of $548.30 million for the quarter, compared to analysts’ expectations of $536.91 million. Teleflex had a negative net margin of 35.88% and a positive return on equity of 13.29%. The business’s quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 earnings per share. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. Analysts forecast that Teleflex Incorporated will post 6.7 earnings per share for the current fiscal 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 given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Teleflex’s dividend payout ratio 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.