NewEdge Wealth LLC Acquires New Holdings in Teleflex Incorporated $TFX

Posted by Brenda Bartman on Aug 23rd, 2026

NewEdge Wealth LLC acquired a new position in Teleflex Incorporated (NYSE:TFX – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 4,186 shares of the medical technology company’s stock, valued at approximately $531,000.

A number of other hedge funds also recently bought and sold shares of the stock. Kelleher Financial Advisors purchased a new position in shares of Teleflex in the 2nd quarter valued at $25,000. Banque Cantonale Vaudoise grew its stake 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 purchasing an additional 113 shares during the last quarter. UMB Bank n.a. grew its stake in Teleflex by 57.1% in the fourth 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. Kestra Advisory Services LLC bought a new position in Teleflex in the fourth quarter worth about $45,000. Finally, Hantz Financial Services Inc. lifted its position in shares of Teleflex by 40.5% during the fourth quarter. Hantz Financial Services Inc. now owns 392 shares of the medical technology company’s stock valued at $48,000 after buying an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 95.62% of the company’s stock.

Analysts Set New Price Targets

TFX has been the topic of a number of analyst reports. Royal Bank Of Canada raised shares of Teleflex from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $135.00 to $155.00 in a research report on Friday, May 8th. Raymond James Financial reissued an “outperform” rating and set a $150.00 target price on shares of Teleflex in a research report on Friday, May 8th. Wall Street Zen upgraded shares of Teleflex from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Needham & Company LLC lifted their price target on shares of Teleflex from $147.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Mizuho upped their price target on Teleflex from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Teleflex has a consensus rating of “Hold” and a consensus target price of $151.80.

View Our Latest Stock Report on Teleflex

Teleflex Price Performance

Shares of NYSE TFX opened at $138.99 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.12 and a current ratio of 2.60. The company has a market cap of $5.89 billion, a PE ratio of -5.97, a P/E/G ratio of 0.93 and a beta of 0.81. The business has a 50-day simple moving average of $132.70 and a two-hundred day simple moving average of $124.73. Teleflex Incorporated has a fifty-two week low of $100.18 and a fifty-two week high of $145.00.

Teleflex (NYSE:TFX – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The medical technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.48. Teleflex had a positive return on equity of 11.93% and a negative net margin of 39.67%.The business had revenue of $570.33 million for the quarter, compared to analyst estimates of $559.59 million. During the same quarter in the previous year, the firm earned $3.73 earnings per share. The company’s revenue was up 28.9% on a year-over-year basis. Teleflex has set its FY 2026 guidance at 6.900-7.200 EPS. As a group, equities analysts expect that Teleflex Incorporated will post 7.26 EPS for the current fiscal year.

Teleflex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 14th will be given 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 is Friday, August 14th. Teleflex’s payout ratio is currently -5.84%.

Teleflex Company Profile

(Free Report)

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.