Smiths Group plc (LON:SMIN) Insider Roland Carter Sells 25,893 Shares of Stock

Smiths Group plc (LON:SMIN) insider Roland Carter sold 25,893 shares of the stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of GBX 1,621 ($21.17), for a total transaction of £419,725.53 ($548,087.66).

Smiths Group Trading Up 0.9 %

Shares of LON:SMIN opened at GBX 1,655 ($21.61) on Thursday. Smiths Group plc has a 52-week low of GBX 1,517.50 ($19.82) and a 52-week high of GBX 1,829 ($23.88). The company has a market capitalization of £5.68 billion, a P/E ratio of 2,298.61, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company has a 50-day simple moving average of GBX 1,741.01 and a 200 day simple moving average of GBX 1,708.05. The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07.

Smiths Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 17th will be paid a GBX 30.20 ($0.39) dividend. This is an increase from Smiths Group’s previous dividend of $13.55. This represents a yield of 1.66%. The ex-dividend date is Thursday, October 17th. Smiths Group’s dividend payout ratio (DPR) is 6,111.11%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank started coverage on shares of Smiths Group in a research note on Thursday, August 22nd. They issued a “buy” rating and a GBX 1,850 ($24.16) target price for the company.

About Smiths Group

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.