10,000 Shares in Teleflex Incorporated $TFX Purchased by Monaco Asset Management SAM

Monaco Asset Management SAM acquired a new position in shares of Teleflex Incorporated (NYSE:TFX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,000 shares of the medical technology company’s stock, valued at approximately $1,220,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise boosted its holdings 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 in the last quarter. Hantz Financial Services Inc. boosted its holdings in Teleflex by 40.5% during the fourth quarter. Hantz Financial Services Inc. now owns 392 shares of the medical technology company’s stock worth $48,000 after buying an additional 113 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Teleflex by 7.8% during the third quarter. Fifth Third Bancorp now owns 2,083 shares of the medical technology company’s stock worth $255,000 after buying an additional 151 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Teleflex by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 10,114 shares of the medical technology company’s stock worth $1,234,000 after buying an additional 167 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Teleflex by 17.5% during the second quarter. Osaic Holdings Inc. now owns 1,247 shares of the medical technology company’s stock worth $148,000 after buying an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 95.62% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TFX. Wells Fargo & Company boosted their price objective on shares of Teleflex from $130.00 to $138.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Wall Street Zen downgraded shares of Teleflex from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Mizuho set a $140.00 price objective on shares of Teleflex in a report on Friday, May 8th. Raymond James Financial reissued an “outperform” rating and set a $150.00 price objective on shares of Teleflex in a report 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 price objective on the stock in a report on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $144.00.

Teleflex Stock Up 0.1%

Shares of NYSE TFX opened at $128.81 on Monday. Teleflex Incorporated has a 12-month low of $100.18 and a 12-month high of $139.67. The company has a market capitalization of $5.70 billion, a PE ratio of -5.65, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. 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 firm’s 50-day moving average is $124.88 and its two-hundred day moving average is $117.43.

Teleflex (NYSE:TFX) last announced its quarterly earnings results on Thursday, May 7th. The medical technology company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.18. Teleflex had a negative net margin of 35.88% and a positive return on equity of 13.29%. The company had revenue of $548.30 million for the quarter, compared to the consensus estimate of $536.91 million. During the same quarter in the prior year, the firm earned $1.44 earnings per share. The company’s revenue for the quarter was up 32.3% compared to the same quarter last year. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. Equities analysts anticipate that Teleflex Incorporated will post 6.7 EPS for the current fiscal year.

Teleflex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, May 25th will be issued a $0.34 dividend. 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 -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.