Hunting wins full shareholder backing at AGM, securing key capital authorities

An update from Hunting ( (GB:HTG) ) is now available.

Hunting PLC said all 18 resolutions at its 15 April 2026 annual general meeting were approved by shareholders via a poll vote, with overall turnout representing 70.47% of the company’s issued share capital. The meeting backed receipt of the 2025 annual report, the directors’ remuneration report and a final dividend of 6.8 cents per share, alongside the re-election of all directors and the reappointment of Deloitte as auditor.

Shareholders also renewed key capital authorities, voting to authorise the board to allot shares, disapply pre-emption rights in specified circumstances and permit market purchases of the company’s own shares. The broad support for both routine and special resolutions reinforces the board’s financial flexibility and indicates continued investor confidence in Hunting’s governance and capital allocation framework.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £580.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.

Spark’s Take on HTG Stock

According to Spark, TipRanks’ AI Analyst, HTG is a Outperform.

The score is driven mainly by improved operating performance and strong balance-sheet resilience, reinforced by positive FY26 guidance, a sizeable tender pipeline, and ongoing buybacks/dividend growth plans. Offsetting this are cash-flow volatility (notably the 2025 free-cash-flow decline), order-book visibility near-term, and only moderate valuation support for a cyclical business.

To see Spark’s full report on HTG stock, click here.

More about Hunting

Hunting PLC is a global precision engineering group that manufactures high-specification equipment and provides premium services to industrial customers. Listed on the London Stock Exchange, the company is headquartered in London with a corporate office in Houston and operations across the U.K., China, India, Indonesia, Mexico, Saudi Arabia, Singapore, the UAE and the U.S.

The group reports in U.S. dollars across five operating segments, including Hunting Titan, North America, Subsea Technologies, EMEA and Asia Pacific. It also manages performance through five product groups: OCTG, perforating systems, subsea, advanced manufacturing and other manufacturing, reflecting its diversified exposure to energy and related industrial markets.

Average Trading Volume: 661,193

Technical Sentiment Signal: Buy

Current Market Cap: £739M

Find detailed analytics on HTG stock on TipRanks’ Stock Analysis page.