Halma plc (LON:HLMA) Plans Dividend of GBX 13.20

Halma plc (LON:HLMA) announced a dividend on Thursday, June 13th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 11th will be given a dividend of GBX 13.20 ($0.17) per share on Friday, August 16th. This represents a yield of 0.56%. The ex-dividend date of this dividend is Thursday, July 11th. This is a boost from Halma’s previous dividend of $8.41. The official announcement can be seen at this link.

Halma Trading Down 0.0 %

Shares of HLMA opened at GBX 2,674 ($34.25) on Wednesday. Halma has a fifty-two week low of GBX 1,802 ($23.08) and a fifty-two week high of GBX 2,750 ($35.22). The business has a 50-day moving average of GBX 2,437.84 and a 200 day moving average of GBX 2,311.32. The firm has a market cap of £10.10 billion, a P/E ratio of 4,246.03, a price-to-earnings-growth ratio of 4.53 and a beta of 0.59. The company has a debt-to-equity ratio of 45.76, a quick ratio of 1.51 and a current ratio of 2.68.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Shore Capital reissued a “hold” rating on shares of Halma in a research report on Thursday, June 27th. Barclays upgraded Halma to an “overweight” rating and increased their target price for the stock from GBX 2,425 ($31.06) to GBX 2,650 ($33.94) in a research report on Tuesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 2,400 ($30.74) price objective on shares of Halma in a research note on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,336.25 ($29.93).

Insiders Place Their Bets

In other news, insider Jennifer Ward sold 5,738 shares of the business’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of GBX 2,680 ($34.33), for a total transaction of £153,778.40 ($196,975.02). Corporate insiders own 1.81% of the company’s stock.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.