Smiths Group plc (LON:SMIN) declared a dividend on Friday, September 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, October 19th will be paid a dividend of GBX 29.70 ($0.39) per share on Friday, November 17th. This represents a yield of 1.94%. The ex-dividend date of this dividend is Thursday, October 19th. This is a positive change from Smiths Group plc’s previous dividend of $13.55. The official announcement can be accessed at this link.
Shares of Smiths Group plc (SMIN) traded up 0.75% on Friday, reaching GBX 1602.00. 1,149,416 shares of the company were exchanged. Smiths Group plc has a 12 month low of GBX 1,358.00 and a 12 month high of GBX 1,685.00. The company’s 50-day moving average price is GBX 1,576.51 and its 200 day moving average price is GBX 1,596.07. The company’s market cap is GBX 6.34 billion.
Smiths Group plc (LON:SMIN) last issued its earnings results on Friday, September 22nd. The company reported GBX 97.60 ($1.28) earnings per share for the quarter, beating the consensus estimate of GBX 94.20 ($1.24) by GBX 3.40 ($0.04). Smiths Group plc had a net margin of 16.18% and a return on equity of 27.36%. The business had revenue of GBX 328 billion for the quarter. On average, equities research analysts expect that Smiths Group plc will post $95.47 EPS for the current year.
Several analysts have recently weighed in on SMIN shares. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a GBX 1,850 ($24.32) target price on shares of Smiths Group plc in a research report on Friday, September 22nd. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 1,730 ($22.75) target price on shares of Smiths Group plc in a research report on Tuesday, September 19th. HSBC Holdings plc reiterated a “buy” rating and set a GBX 1,900 ($24.98) target price on shares of Smiths Group plc in a research report on Friday, September 29th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 1,600 ($21.04) target price on shares of Smiths Group plc in a research report on Monday, September 25th. Finally, BNP Paribas restated a “neutral” rating and issued a GBX 1,630 ($21.43) price target on shares of Smiths Group plc in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,650 ($21.69).
In other news, insider George Buckley purchased 431 shares of Smiths Group plc stock in a transaction on Tuesday, August 1st. The shares were purchased at an average cost of GBX 1,544 ($20.30) per share, for a total transaction of £6,654.64 ($8,749.20).
About Smiths Group plc
Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.