Smiths Group plc (LON:SMIN - Get Free Report) insider Karin Hoeing purchased 370 shares of the company's stock in a transaction dated Friday, November 1st. The shares were bought at an average price of GBX 1,530 ($19.84) per share, for a total transaction of £5,661 ($7,341.46).
Smiths Group Price Performance
Shares of LON:SMIN traded up GBX 13 ($0.17) on Friday, reaching GBX 1,542 ($20.00). 425,141 shares of the company traded hands, compared to its average volume of 969,306. Smiths Group plc has a fifty-two week low of GBX 1,516 ($19.66) and a fifty-two week high of GBX 1,829 ($23.72). The company's 50 day moving average is GBX 1,704.43 and its 200-day moving average is GBX 1,704.08. The stock has a market capitalization of £5.29 billion, a PE ratio of 2,141.67, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.84, a current ratio of 2.07 and a quick ratio of 1.29.
Smiths Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 17th will be issued a GBX 30.20 ($0.39) dividend. The ex-dividend date is Thursday, October 17th. This represents a dividend yield of 1.66%. This is a positive change from Smiths Group's previous dividend of $13.55. Smiths Group's dividend payout ratio is presently 6,111.11%.
Wall Street Analyst Weigh In
Separately, Berenberg Bank assumed coverage on Smiths Group in a report on Thursday, August 22nd. They issued a "buy" rating and a GBX 1,850 ($23.99) price objective for the company.
View Our Latest Report on SMIN
About Smiths Group
(
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Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.
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