Taylor Devices, Inc. (TAYD)

Over the past six months, Taylor Devices' stock (TAYD) has increased by 16.77%, but more recently, the stock has declined. Key events include the announcement of increased sales and net earnings for the third quarter and nine-month results for fiscal year 2026, as well as record high sales for the second quarter and first half of the year. Fintel reported a 45.83% increase in Taylor Devices' price target to $71.40, and Zacks Investment Research noted a 74% jump in 6 months. Despite positive earnings, the stock declined significantly after the Q3 fiscal 2026 earnings report due to a shift in project mix and customer demand, with a decrease in backlog. Taylor Devices has received a consensus "Hold" rating from analysts.

Information directly detailing the demand seasonality for Taylor Devices, Inc.'s products and services is not explicitly available. The company's sales are made to industrial, structural, and aerospace/defense customers. The third quarter of fiscal year 2026 showed a significant concentration in aerospace and defense, while structural and industrial segments declined. Revenue from long-term projects declined, while revenue from other-than-long-term projects increased. A decline in the firm order backlog could signal softer future revenue visibility. The company mentioned that a US Government shutdown impacted them, affecting their backlog. Demand may be more influenced by project timelines and economic conditions within specific industries rather than traditional calendar-based seasonality.

Taylor Devices, Inc., an engineering firm in North Tonawanda, New York, specializes in shock absorption, rate control, and energy storage devices, with over 70 years of experience. The company's diverse product line includes Seismic Dampers, Fluidicshoks®, and other specialized products designed to absorb, control, or mitigate motion in various industries, with Seismic Dampers representing a substantial portion of sales and custom products designed for aerospace and defense applications.

Taylor Devices, Inc. is headquartered in North Tonawanda, New York, with facilities spanning 115,000 sq-ft. The company serves an international customer base, with products used in over 750 bridges worldwide. The company's products are marketed in the United States, Asia, and internationally. U.S. sales increased by 6% year-over-year, and international sales rose by 4% in the third quarter of fiscal year 2026.

Taylor Devices, Inc. maintains a strong reputation for its expertise and quality in shock and vibration control, backed by over 70 years of experience. The company's 70th year was marked by record-high sales and continued operational excellence. Taylor Devices received a BAE Systems Partner2Win Gold medallion for exceptional performance and commitment to operational excellence. The company has established an in-house development lab and is expanding its capabilities and significantly increasing its Research & Development. Nathan Canney presented at a seminar on velocity-dependent dampers in Taiwan, further solidifying their global standing in structural protection. The company received its first Taylor Damped Moment Frame™ (TDMF™) order.

Taylor Devices, Inc. has a mixed ownership structure consisting of institutional, individual, and insider investors. Institutional investors hold approximately 22.87% to 42% of the company's stock, with major shareholders including Vanguard Group Inc and Oppenheimer & Close, LLC. Individual investors hold a substantial stake, with some reports indicating 55% of the shares. Insiders own approximately 2.31% to 25.46% of the company's stock, with Ira Sochet being the largest individual shareholder.