Taylor Devices, Inc. (NASDAQ:TAYD) Stock Holdings Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in shares of Taylor Devices, Inc. (NASDAQ:TAYD) by 261.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,096 shares of the industrial products company’s stock after buying an additional 2,239 shares during the quarter. BNP Paribas Financial Markets’ holdings in Taylor Devices were worth $155,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. FMR LLC raised its position in shares of Taylor Devices by 1,138.6% during the 3rd quarter. FMR LLC now owns 1,796 shares of the industrial products company’s stock valued at $90,000 after acquiring an additional 1,651 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Taylor Devices by 0.6% during the third quarter. Janney Montgomery Scott LLC now owns 134,981 shares of the industrial products company’s stock valued at $6,738,000 after purchasing an additional 871 shares during the last quarter. Ritholtz Wealth Management increased its stake in Taylor Devices by 60.3% during the third quarter. Ritholtz Wealth Management now owns 14,781 shares of the industrial products company’s stock valued at $738,000 after purchasing an additional 5,561 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Taylor Devices during the second quarter worth $546,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Taylor Devices by 22.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 32,290 shares of the industrial products company’s stock worth $1,452,000 after buying an additional 5,890 shares during the last quarter. Institutional investors own 17.62% of the company’s stock.

Taylor Devices Trading Down 1.4 %

NASDAQ TAYD opened at $42.99 on Wednesday. The company has a 50-day moving average price of $46.16 and a two-hundred day moving average price of $48.38. Taylor Devices, Inc. has a 52 week low of $21.99 and a 52 week high of $64.50. The stock has a market cap of $134.09 million, a price-to-earnings ratio of 14.82 and a beta of 1.03.

Taylor Devices (NASDAQ:TAYD) last announced its earnings results on Friday, September 27th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter. The firm had revenue of $11.62 million during the quarter. Taylor Devices had a net margin of 21.22% and a return on equity of 18.95%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Taylor Devices from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 18th.

Taylor Devices Company Profile

Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.