Halfords Executives Boost Shareholdings Through Dividend Reinvestment

Halfords ( (GB:HFD) ) has issued an announcement.

Halfords has disclosed a series of share transactions by its senior management team under the UK Market Abuse Regulation, detailing dividend reinvestment purchases of ordinary shares by several persons discharging managerial responsibilities. Chief executive Henry Birch, chief financial officer Johanna Hartley, chief customer officer Karen Bellairs, chief people and property officer Paul O’Hara, and general counsel and company secretary Tim O’Gorman all increased their holdings through dividend reinvestment into Performance Share Plan and Deferred Bonus Plan awards at around £1.46 per share, consolidating management’s equity exposure and further aligning executives’ interests with those of shareholders.

The most recent analyst rating on (GB:HFD) stock is a Hold with a £161.00 price target. To see the full list of analyst forecasts on Halfords stock, see the GB:HFD Stock Forecast page.

Spark’s Take on GB:HFD Stock

According to Spark, TipRanks’ AI Analyst, GB:HFD is a Neutral.

Halfords’ overall stock score reflects stable financial performance with profitability challenges, positive technical momentum, and strategic growth initiatives. The attractive dividend yield provides some valuation support, but the negative P/E ratio is a concern. Strategic initiatives and market presence offer growth potential, though margin management and integration issues remain hurdles.

To see Spark’s full report on GB:HFD stock, click here.

More about Halfords

Halfords Group plc is a UK-listed specialist retailer and service provider focused on motoring and cycling, selling car parts, accessories and bicycles alongside running autocentres and related services, with its shares traded on the London Stock Exchange’s Main Market.

Average Trading Volume: 584,861

Technical Sentiment Signal: Buy

Current Market Cap: £311.6M

For detailed information about HFD stock, go to TipRanks’ Stock Analysis page.