Teleflex (NYSE:TFX) Hits New 52-Week High After Dividend Announcement

Posted by Brenda Bartman on Nov 6th, 2026

Teleflex Incorporated (NYSE:TFX – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $147.99 and last traded at $144.9860, with a volume of 20,802 shares trading hands. The stock had previously closed at $139.95.

The newly announced dividend which will be paid on Thursday, December 31st. Stockholders of record on Monday, November 16th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.9%. Teleflex’s dividend payout ratio is -5.84%.

Analyst Upgrades and Downgrades

TFX has been the subject of a number of recent analyst reports. Mizuho set a $160.00 price target on shares of Teleflex in a report on Friday. Zacks Research cut Teleflex from a “strong-buy” rating to a “hold” rating in a report on Friday, October 23rd. Piper Sandler reiterated an “overweight” rating and issued a $169.00 price objective (up from $160.00) on shares of Teleflex in a research report on Friday, August 7th. Bank of America upgraded Teleflex from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $145.00 to $158.00 in a research report on Monday, September 28th. Finally, Wall Street Zen raised Teleflex from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $155.90.

Get Our Latest Stock Analysis on Teleflex

Teleflex Trading Up 1.3%

The company has a debt-to-equity ratio of 0.94, a current ratio of 2.60 and a quick ratio of 2.12. The company has a market cap of $6.43 billion, a PE ratio of -6.52, a price-to-earnings-growth ratio of 1.01 and a beta of 0.85. The company’s 50 day simple moving average is $131.88 and its two-hundred day simple moving average is $125.84.

Teleflex (NYSE:TFX – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The medical technology company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.73. The business had revenue of $567.80 million during the quarter, compared to analysts’ expectations of $565.52 million. Teleflex had a negative net margin of 39.67% and a positive return on equity of 11.93%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the business earned $3.67 earnings per share. As a group, sell-side analysts anticipate that Teleflex Incorporated will post 7.22 EPS for the current fiscal year.

More Teleflex News

Here are the key news stories impacting Teleflex this week:

Positive Sentiment: Teleflex reported adjusted earnings of $2.63 per share, above estimates of about $1.90–$1.92. Revenue of $567.8 million also narrowly exceeded the $565.5 million consensus. Teleflex Q3 results
Positive Sentiment: The company declared a quarterly dividend of $0.34 per share, equivalent to $1.36 annually and a yield of roughly 0.9%. The dividend provides a modest shareholder return. Teleflex dividend announcement
Neutral Sentiment: Revenue from continuing operations rose just 0.2% year over year, although it increased 3.0% on a pro forma adjusted constant-currency basis. This points to modest underlying growth. Teleflex Q3 sales
Negative Sentiment: Reported earnings per share of $2.63 were below the $3.67 reported a year earlier, despite beating current-quarter estimates, which may raise questions about year-over-year earnings momentum. Teleflex Q3 earnings comparison

Institutional Trading of Teleflex

Several institutional investors have recently added to or reduced their stakes in the stock. Kelleher Financial Advisors acquired a new stake in Teleflex in the second quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new position in Teleflex in the third quarter worth approximately $27,000. Next Level Wealth Planning LLC acquired a new position in Teleflex during the 3rd quarter worth approximately $38,000. Heritage Family Offices LLP acquired a new position in Teleflex during the 3rd quarter worth approximately $39,000. Finally, Allworth Financial LP acquired a new position in Teleflex during the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 95.62% of the company’s stock.

About Teleflex

(Get Free Report)

Teleflex Incorporated is a global medical technology company that develops, manufactures and markets specialty medical devices. Its products are designed to support healthcare professionals in critical care and procedural settings, including vascular access, interventional cardiology and radiology, anesthesia, respiratory care, emergency medicine, surgical applications and urology.

The company’s portfolio includes catheters, access and closure devices, airway-management products, surgical instruments, pain-management devices and other technologies used in hospitals and outpatient facilities.