Halma plc (LON:HLMA) Plans Dividend Increase – GBX 13.20 Per Share

Halma plc (LON:HLMA) declared a dividend on Thursday, June 13th, Upcoming.Co.Uk reports. Stockholders 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 dividend yield of 0.56%. The ex-dividend date 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 %

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

Wall Street Analysts Forecast Growth

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

Insider Activity at Halma

In other Halma news, insider Jennifer Ward sold 5,738 shares of the stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of GBX 2,680 ($34.33), for a total transaction of £153,778.40 ($196,975.02). 1.81% of the stock is currently owned by corporate insiders.

About Halma

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.