Carole Cran Acquires 8,000 Shares of Halma plc (LON:HLMA) Stock

Halma plc (LON:HLMA) insider Carole Cran purchased 8,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were bought at an average price of GBX 2,659 ($32.54) per share, with a total value of £212,720 ($260,303.48).

Halma Stock Performance

Shares of LON HLMA traded up GBX 16 ($0.20) during trading hours on Tuesday, reaching GBX 2,663 ($32.59). The stock had a trading volume of 687,969 shares, compared to its average volume of 5,231,350. The business’s fifty day moving average is GBX 2,669.42 and its two-hundred day moving average is GBX 2,610.46. Halma plc has a twelve month low of GBX 2,136 ($26.14) and a twelve month high of GBX 2,815 ($34.45). The company has a market cap of £10.04 billion, a price-to-earnings ratio of 3,750.70, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Halma Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, December 19th will be paid a GBX 9 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 0.36%. Halma’s dividend payout ratio (DPR) is currently 3,098.59%.

Analyst Ratings Changes

A number of equities analysts have weighed in on HLMA shares. JPMorgan Chase & Co. raised shares of Halma to a “neutral” rating and set a GBX 2,600 ($31.82) target price for the company in a research note on Friday, December 6th. Shore Capital reissued a “hold” rating on shares of Halma in a research report on Thursday, November 21st. Finally, Berenberg Bank raised their price target on shares of Halma from GBX 2,450 ($29.98) to GBX 2,700 ($33.04) and gave the company a “hold” rating in a research report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Halma currently has an average rating of “Hold” and an average price target of GBX 2,587.50 ($31.66).

About Halma

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.