A number of other brokerages have also recently issued reports on HLMA. JPMorgan Chase & Co. boosted their price objective on Halma from GBX 1,050 ($13.54) to GBX 1,100 ($14.19) and gave the company an underweight rating in a research note on Thursday, June 21st. Shore Capital restated a buy rating on shares of Halma in a research note on Tuesday, June 12th. Morgan Stanley boosted their price objective on Halma from GBX 1,400 ($18.06) to GBX 1,580 ($20.38) and gave the company an overweight rating in a research note on Monday, June 18th. Deutsche Bank restated a buy rating on shares of Halma in a research note on Wednesday, June 13th. Finally, Liberum Capital restated a sell rating on shares of Halma in a research note on Tuesday, June 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 1,333.18 ($17.20).
Halma stock traded down GBX 13 ($0.17) during midday trading on Thursday, reaching GBX 1,390 ($17.93). The stock had a trading volume of 428,416 shares, compared to its average volume of 921,195. Halma has a 12 month low of GBX 956.50 ($12.34) and a 12 month high of GBX 1,341 ($17.30).
The business also recently declared a dividend, which was paid on Wednesday, August 15th. Stockholders of record on Thursday, July 12th were given a dividend of GBX 8.97 ($0.12) per share. The ex-dividend date of this dividend was Thursday, July 12th. This is a boost from Halma’s previous dividend of $5.71. This represents a dividend yield of 0.63%.
In other news, insider Jennifer Ward sold 7,556 shares of the business’s stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of GBX 1,404 ($18.11), for a total transaction of £106,086.24 ($136,850.15). Also, insider Adam Meyers sold 5,194 shares of the business’s stock in a transaction dated Thursday, July 26th. The stock was sold at an average price of GBX 1,373 ($17.71), for a total value of £71,313.62 ($91,993.83).
Halma Company Profile
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems to control hazardous industrial processes and access to dangerous machines; gas detection instruments; pressure management products; key interlocks and interlocking systems; pipeline corrosion monitoring products and systems; and process safety systems.
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