tiprankstipranks
Trending News
More News >
Smiths Group plc (GB:SMIN)
LSE:SMIN

Smiths Group plc (SMIN) AI Stock Analysis

Compare
71 Followers

Top Page

GB

Smiths Group plc

(LSE:SMIN)

Rating:81Outperform
Price Target:
2,561.00p
â–²(13.72%Upside)
Smiths Group plc is well-positioned with strong financial performance and positive technical indicators, supported by strategic corporate actions like share buybacks. While the valuation suggests potential overpricing, the company's robust financial health and strategic buybacks enhance its attractiveness.
Positive Factors
Sales Growth
The raised FY25F OCC sales growth to a healthy 6% - 8% should be well-received by the street and is another upgrade at a time when many in the sector are facing mixed end-markets.
Share Buyback
The increased share buyback (to £500m) and likely return of any future disposal proceeds should be taken well, and 'newco' will be a high-quality business (John Crane & Flex-Tek).
Strategic Update
Smiths has announced a comprehensive strategic update, which goes further than expected, and will likely be taken well by the Street.
Negative Factors
Divestment Plans
The decision to divest of Interconnect is perhaps not a complete surprise as it has been considered sub-scale for some time.
Management Changes
The management change is particularly interesting, as CFO Scherrer has not been at Smiths long, and we would have expected a longer tenure.
Operational Gearing
There continues to be limited operational gearing despite good growth.

Smiths Group plc (SMIN) vs. iShares MSCI United Kingdom ETF (EWC)

Smiths Group plc Business Overview & Revenue Model

Company DescriptionSmiths Group plc is a global engineering company headquartered in London, United Kingdom. The company operates through several divisions, including John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect, and Smiths Medical, focusing on the design and delivery of innovative solutions for various sectors such as energy, healthcare, security, and communications. Smiths Group is known for its expertise in critical systems and advanced technologies that address complex operational challenges faced by its customers.
How the Company Makes MoneySmiths Group plc generates revenue through its diversified portfolio of products and services across its core divisions. The John Crane division specializes in providing mechanical seals, filtration systems, and other critical components for the energy sector, including oil and gas, helping ensure operational efficiency and reliability. Smiths Detection offers advanced detection and screening technologies for security purposes, serving airports, ports, and border agencies, which contribute significantly to the company's revenue. Flex-Tek designs flexible hosing and tubing solutions for the aerospace and heating industries, while Smiths Interconnect provides electronic components and connectivity solutions essential for communication and data transmission. Smiths Medical, although sold in 2021, previously contributed through its range of medical devices and equipment. The company's earnings are bolstered by strategic partnerships, research and development initiatives, and a focus on innovation, allowing it to maintain competitive advantages in its respective markets.

Smiths Group plc Financial Statement Overview

Summary
Smiths Group plc demonstrates strong financial performance with solid revenue growth, efficient operational margins, and robust cash flow management. The balance sheet is stable, though there is room for improvement in return on equity.
Income Statement
85
Very Positive
Smiths Group plc has shown solid revenue growth with a 3.13% increase from 2023 to 2024. The gross profit margin stands at 37.29%, and the net profit margin is 7.98%, indicating good profitability. The EBIT and EBITDA margins are 13.25% and 18.52%, respectively, reflecting strong operational efficiency.
Balance Sheet
78
Positive
The company's balance sheet is stable with a debt-to-equity ratio of 0.30, reflecting moderate leverage. The equity ratio of 52.71% indicates a strong capital structure. However, the return on equity is 11.21%, which suggests room for improvement in shareholder returns.
Cash Flow
82
Very Positive
Smiths Group demonstrates robust cash flow management with a free cash flow growth rate of 56.60% from 2023 to 2024. The operating cash flow to net income ratio is 1.67, indicating strong cash generation relative to net income. The free cash flow to net income ratio of 1.33 further underscores healthy cash flow.
BreakdownTTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue3.23B3.13B3.04B2.57B2.41B2.55B
Gross Profit1.18B1.17B1.12B961.00M915.00M989.00M
EBITDA605.00M580.00M566.00M287.00M428.00M332.00M
Net Income306.00M250.00M231.00M13.00M157.00M67.00M
Balance Sheet
Total Assets4.29B4.23B4.36B5.22B5.34B5.41B
Cash, Cash Equivalents and Short-Term Investments392.00M459.00M285.00M1.06B405.00M366.00M
Total Debt667.00M659.00M654.00M1.17B1.50B1.56B
Total Liabilities2.00B1.98B1.95B2.50B2.91B3.02B
Stockholders Equity2.27B2.23B2.38B2.70B2.40B2.37B
Cash Flow
Free Cash Flow380.00M332.00M212.00M191.00M418.00M319.00M
Operating Cash Flow455.00M418.00M293.00M279.00M535.00M429.00M
Investing Cash Flow52.00M39.00M-108.00M1.25B-205.00M-144.00M
Financing Cash Flow-293.00M-269.00M-945.00M-985.00M-239.00M-188.00M

Smiths Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2252.00
Price Trends
50DMA
2108.74
Positive
100DMA
2027.58
Positive
200DMA
1868.94
Positive
Market Momentum
MACD
30.64
Positive
RSI
64.29
Neutral
STOCH
61.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SMIN, the sentiment is Positive. The current price of 2252 is above the 20-day moving average (MA) of 2229.80, above the 50-day MA of 2108.74, and above the 200-day MA of 1868.94, indicating a bullish trend. The MACD of 30.64 indicates Positive momentum. The RSI at 64.29 is Neutral, neither overbought nor oversold. The STOCH value of 61.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SMIN.

Smiths Group plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
£7.36B25.0513.99%1.28%6.10%33.05%
GBIMI
76
Outperform
£5.18B21.8323.50%1.48%0.64%4.92%
GBSPX
74
Outperform
£4.55B23.8016.16%2.84%-1.03%4.06%
74
Outperform
£6.36B20.3817.83%1.32%-4.95%36.95%
GBROR
71
Outperform
£2.69B26.5117.03%2.28%4.91%-7.75%
65
Neutral
$10.69B15.755.51%1.90%2.72%-26.43%
GBMRO
56
Neutral
£6.76B―-1.53%1.51%3.52%-24.01%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SMIN
Smiths Group plc
2,252.00
595.27
35.93%
GB:MRO
Melrose
524.80
-46.49
-8.14%
GB:SPX
Spirax Sarco Engineering
6,180.00
-2,172.47
-26.01%
GB:IMI
IMI plc
2,124.00
357.14
20.21%
GB:ROR
Rotork plc
325.60
0.36
0.11%
GB:WEIR
Weir Group plc (The)
2,524.00
587.27
30.32%

Smiths Group plc Corporate Events

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Jul 3, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The company plans to cancel these shares, which is a strategic move that could impact its stock value and shareholder equity by reducing the number of shares outstanding.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Smiths Group Voting Rights Update: Wellington Management Increases Stake
Neutral
Jul 3, 2025

Smiths Group PLC, a UK-based company, has announced a change in its voting rights structure following an acquisition by Wellington Management Group LLP. The acquisition has resulted in Wellington Management Group LLP holding 5.07% of the voting rights in Smiths Group, up from a previous 5.00%. This change reflects Wellington Management’s increased influence within the company, potentially impacting future decisions and strategies.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Jul 2, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The shares, purchased at varying prices, will be cancelled, aligning with regulatory requirements. This move is part of Smiths Group’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Positive
Jul 1, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc. The shares, bought at varying prices across different venues, will be canceled as part of the company’s strategic financial management. This move reflects Smiths Group’s ongoing efforts to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Announces Total Voting Rights and Share Capital Update
Neutral
Jul 1, 2025

Smiths Group plc announced that as of 30 June 2025, its issued share capital consisted of 331,559,303 Ordinary shares, each carrying one vote, and admitted to trading on the London Stock Exchange. The total number of voting rights is crucial for shareholders and other parties in determining their interest in the company’s share capital under the FCA’s rules. This announcement does not account for shares purchased under the recent Share Buyback Programme, which are yet to be cancelled.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Jun 30, 2025

Smiths Group has announced the purchase of its own shares from HSBC Bank plc on the London Stock Exchange, with the intention of canceling these shares. This move is part of a strategic decision made earlier in March 2025, reflecting the company’s ongoing efforts to manage its capital structure effectively, which may have implications for its market positioning and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Jun 27, 2025

Smiths Group has announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The company plans to cancel these shares, a move that could potentially impact its share value and market perception. This transaction aligns with regulatory requirements and reflects Smiths Group’s strategic financial management to optimize shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Smiths Group PLC Voting Rights Update
Neutral
Jun 27, 2025

Smiths Group PLC, a UK-based company, has announced a decrease in its total voting rights from 331,934,303 to 331,559,303. This change was notified by Wellington Management Group LLP, a US-based investment management entity, which holds a 5% voting rights position in Smiths Group. The adjustment in voting rights may impact the company’s shareholder dynamics and influence its future strategic decisions.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Positive
Jun 26, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange through HSBC Bank plc, as per their instructions from March 2025. The company plans to cancel these shares, which is part of its strategy to manage its capital structure effectively. This move could potentially enhance shareholder value and demonstrates Smiths Group’s commitment to optimizing its financial operations.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Jun 25, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, with the transaction executed by HSBC Bank plc. The purchased shares will be canceled, aligning with the company’s strategic financial management and potentially impacting its stock value and shareholder returns.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 24, 2025

Smiths Group plc has announced the purchase and subsequent cancellation of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This move is part of a strategic initiative to manage its share capital, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Buyback and Cancellation
Positive
Jun 23, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The company plans to cancel the purchased shares, a move that aligns with its strategic financial management. This share buyback is part of Smiths Group’s ongoing efforts to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock Buyback
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Jun 19, 2025

Smiths Group plc has repurchased a significant number of its ordinary shares on the London Stock Exchange, as part of a previously announced buyback program. The shares, purchased from HSBC Bank plc, will be cancelled, which may impact the company’s share value and investor perception by reducing the number of shares in circulation.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock Buyback
Smiths Group Executes Share Buyback Program
Neutral
Jun 18, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc. This transaction, part of a previously announced plan, involves the cancellation of the purchased shares, potentially impacting the company’s share value and market positioning.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock Buyback
Smiths Group Executes Share Buyback Plan
Neutral
Jun 16, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This move, part of a previously announced plan, involves the cancellation of the purchased shares, potentially impacting the company’s share value and market perception.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
Jun 12, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, purchased at various prices, will be canceled as part of the company’s strategic financial management. This move reflects Smiths Group’s commitment to optimizing its capital structure, potentially enhancing shareholder value and reinforcing its market position.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Market Position
Positive
Jun 9, 2025

Smiths Group plc has announced the purchase of its own ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. This move, in line with their previous instructions, involves the acquisition of a significant number of shares which will subsequently be canceled. This strategic action is likely to impact the company’s share value and market positioning, reflecting a commitment to optimizing shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Jun 6, 2025

Smiths Group has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This move, which follows instructions issued in March 2025, involves the cancellation of the purchased shares, reflecting the company’s strategic approach to managing its share capital.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Jun 5, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The transaction involved the acquisition of 74,000 shares at varying prices, with the intention to cancel these shares, reflecting the company’s ongoing strategy to manage its capital structure effectively.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £27.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Financial Strategy
Neutral
Jun 4, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The company intends to cancel the acquired shares, which aligns with its strategic financial management and could impact shareholder value by potentially increasing earnings per share.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Jun 3, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The repurchased shares will be canceled, aligning with regulatory requirements. This move is part of Smiths Group’s ongoing strategy to manage its capital structure effectively.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Business Operations and Strategy
BlackRock Increases Stake in Smiths Group PLC
Positive
Jun 3, 2025

Smiths Group PLC has announced a significant change in its shareholder structure, with BlackRock, Inc. increasing its voting rights in the company to 10.22% from a previous 5.87%. This acquisition of voting rights by BlackRock, a major global investment management corporation, could potentially influence Smiths Group’s strategic decisions and impact its market positioning, reflecting a strong vote of confidence in the company’s future prospects.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Confirms Total Voting Rights and Share Capital
Neutral
Jun 2, 2025

Smiths Group plc announced that as of May 30, 2025, its issued share capital consisted of 332,984,303 Ordinary shares, each carrying one vote. This total is crucial for shareholders and other parties in determining their disclosure obligations under the FCA’s rules. The announcement also noted that shares purchased under the Share Buyback Programme in late May have not yet been cancelled, which may impact the total voting rights in the future.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
May 29, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic financial management. This move is part of Smiths Group’s ongoing efforts to optimize its capital structure and enhance shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Strategic Share Repurchase
Positive
May 28, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move aimed at canceling the purchased shares to potentially enhance shareholder value. This transaction, conducted through HSBC Bank plc, underscores Smiths Group’s strategic financial management and its commitment to optimizing its capital structure.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Optimize Capital Structure
Neutral
May 27, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The purchased shares, totaling several thousand, will be canceled, aligning with the company’s strategic financial management. This move could potentially impact the company’s stock value and shareholder equity, reflecting Smiths Group’s commitment to optimizing its capital structure.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Optimize Capital Structure
Positive
May 23, 2025

Smiths Group announced the purchase and subsequent cancellation of its own shares on the London Stock Exchange, executed through HSBC Bank plc. This move is part of a strategic effort to manage its capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach in maintaining its market position.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £1930.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Strategic Share Buyback
Positive
May 22, 2025

Smiths Group announced the repurchase of its ordinary shares from HSBC Bank on the London Stock Exchange, a move that aligns with its strategic financial management. The purchased shares will be canceled, potentially impacting the company’s share value and market perception positively by reducing the number of shares outstanding.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Positive
May 21, 2025

Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. The transaction, initially instructed on 25 March 2025, involved multiple trades on 21 May 2025, with the company planning to cancel the purchased shares. This move reflects Smiths Group’s strategy to manage its share capital and potentially enhance shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock Buyback
Smiths Group Announces Share Repurchase and Cancellation
Positive
May 20, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This transaction, initially instructed on 25 March 2025, involved purchasing a total of 55,577 shares at varying prices across different trading venues. The repurchased shares will be cancelled, a move likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Executive/Board ChangesBusiness Operations and Strategy
Smiths Group CEO Granted SAYE Share Option
Neutral
May 20, 2025

Smiths Group plc announced a transaction involving its Chief Executive Officer, Roland Carter, who was granted an SAYE share option under the Smiths Group Sharesave Scheme. This transaction, involving ordinary shares of the company, signifies a strategic move to align management interests with shareholder value, potentially impacting the company’s operational focus and stakeholder relations.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
May 20, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The shares, purchased at varying prices, will be canceled, which may impact the company’s share value and market positioning. This move is part of Smiths Group’s strategic financial management, potentially affecting stakeholders by altering the share supply and influencing investor perceptions.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Smiths Group Reports Strong Q3 FY2025 Growth and Strategic Progress
Positive
May 20, 2025

Smiths Group plc reported a robust third quarter for FY2025, with organic revenue growth accelerating to 10.6% and a nine-month growth of 9.6%. The company expects to reach the upper end of its 6-8% organic revenue growth guidance and anticipates margin expansion. Key business units, such as Smiths Detection and Smiths Interconnect, demonstrated strong performance, while John Crane and Flex-Tek showed continued momentum. The company is progressing with strategic actions, including the sale of Smiths Interconnect and the separation of Smiths Detection, aiming to focus on its core businesses. Smiths also continues its £500 million share buyback program, having completed £260 million so far.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on LSE
Neutral
May 16, 2025

Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. The shares will be canceled, aligning with regulatory requirements, and this move reflects the company’s strategic financial management, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Strategic Share Buyback
Positive
May 15, 2025

Smiths Group plc has executed a share buyback program, purchasing a total of 70,997 ordinary shares on the London Stock Exchange through HSBC Bank plc. The shares, acquired at an average price of approximately 2,028 GBp per share, will be canceled, reflecting the company’s strategy to manage its capital structure effectively. This move is expected to enhance shareholder value and demonstrates Smiths Group’s commitment to optimizing its financial operations.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value Through Share Buyback
Positive
May 14, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc. The company plans to cancel these shares, which aligns with its strategic financial management practices. This move may impact the company’s stock value and shareholder equity, reflecting a commitment to optimizing shareholder returns.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Smiths Group Executes Strategic Share Buyback
Neutral
May 13, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, with plans to cancel these shares. This move aligns with regulatory compliance and reflects the company’s strategic financial management, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
May 12, 2025

Smiths Group has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with plans to cancel these shares. This move is part of a strategic financial maneuver that could potentially enhance shareholder value and impact the company’s market positioning by reducing the number of shares outstanding.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
May 9, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The purchased shares will be canceled, aligning with regulatory compliance, and this move is part of Smiths Group’s strategic financial management to enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Capital Structure with Share Repurchase
Positive
May 8, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic financial management. This move reflects Smiths Group’s commitment to optimizing its capital structure, potentially enhancing shareholder value and reinforcing its market position.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
May 7, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc. The transaction, initially instructed on 25 March 2025, involved the acquisition of a significant number of shares, which will subsequently be canceled. This move is part of Smiths Group’s ongoing strategy to manage its capital structure effectively, potentially impacting its market position and shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
May 6, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The shares, purchased at varying prices across multiple trading venues, will be canceled, aligning with regulatory requirements. This move may impact the company’s share value and market perception, reflecting a strategic decision to manage share capital effectively.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
May 1, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc. The repurchased shares will be canceled, aligning with the company’s strategic financial management. This transaction reflects Smiths Group’s commitment to optimizing its capital structure and potentially enhancing shareholder value.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Announces Total Voting Rights and Capital Update
Neutral
May 1, 2025

Smiths Group plc announced its total voting rights and capital as of April 30, 2025, confirming an issued share capital of 334,742,780 ordinary shares, each with one vote. This figure is crucial for shareholders and other parties for disclosure obligations under the FCA’s rules. The announcement also notes that shares purchased under the Share Buyback Programme have not yet settled or been cancelled, indicating ongoing adjustments in the company’s capital structure.

Business Operations and Strategy
Smiths Group Directors Acquire Shares to Align Interests
Neutral
May 1, 2025

Smiths Group plc announced the quarterly acquisition of ordinary shares by two of its non-executive directors, Karin Hoeing and Richard Howes. This transaction, conducted on the London Stock Exchange, involves the purchase of shares using a fixed proportion of after-tax fees received from the company, reflecting a strategic move to align management interests with shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Apr 29, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with the intention to cancel these shares. This move is part of a strategic financial maneuver that could impact the company’s stock value and shareholder equity, reflecting a commitment to optimizing capital structure.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Strategic Share Buyback
Positive
Apr 28, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move that aligns with its strategic financial management. The purchased shares will be canceled, potentially impacting the company’s share value and market perception positively by reducing the number of shares outstanding, which can enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Apr 25, 2025

Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, bought at varying prices, are set to be canceled, aligning with regulatory compliance. This move is part of Smiths Group’s ongoing strategy to manage its share capital effectively, potentially impacting its stock value and shareholder returns.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Strategic Share Repurchase
Positive
Apr 24, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares will be canceled, aligning with regulatory requirements, and this move reflects the company’s ongoing strategic financial management to optimize shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
Apr 23, 2025

Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with the intention to cancel these shares. This move is part of a strategic initiative to manage its share capital and could potentially enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Positive
Apr 22, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc, with the intention to cancel these shares. This move is part of their ongoing strategy to manage their share capital effectively, potentially impacting shareholder value and market perception positively.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Buyback and Cancellation
Positive
Apr 17, 2025

Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, with the intention to cancel the acquired shares. This strategic move is part of the company’s ongoing efforts to manage its share capital and potentially enhance shareholder value.

Private Placements and FinancingBusiness Operations and Strategy
Smiths Group Launches EUR 2.5 Billion Note Programme
Positive
Apr 17, 2025

Smiths Group plc has announced the publication of its Base Prospectus for a EUR 2.5 billion Euro Medium Term Note Programme, which has been approved by the UK Financial Conduct Authority. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives across its diverse market sectors.

Executive/Board ChangesBusiness Operations and Strategy
Smiths Group Aligns Executive Incentives with Shareholder Value
Positive
Apr 17, 2025

Smiths Group plc announced the granting of share awards to Executive Directors Roland Carter and Julian Fagge under the 2024 Long Term Incentive Plan, aligning executive and shareholder interests. The awards, equivalent to 50% of each director’s salary, are contingent on performance conditions measured by a relative TSR metric over three years, reflecting the company’s strategic focus on unlocking shareholder value.

Stock Buyback
Smiths Group Executes Share Buyback Plan
Neutral
Apr 16, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously announced plan. The company intends to cancel these shares, a move that could potentially impact its share value and market positioning by reducing the number of shares outstanding, thus increasing the value of remaining shares for stakeholders.

Stock Buyback
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 15, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as per instructions issued in March 2025. The company plans to cancel these shares, a move that could impact its share value and market perception by reducing the number of shares in circulation, potentially increasing shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Apr 11, 2025

Smiths Group announced the purchase and subsequent cancellation of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank. This transaction is part of Smiths Group’s ongoing strategy to manage its share capital, potentially impacting its market positioning and shareholder value.

Stock Buyback
Smiths Group Executes Share Buyback on LSE
Neutral
Apr 10, 2025

Smiths Group announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, purchased at varying prices, will be canceled, aligning with regulatory requirements. This move could impact the company’s stock value and shareholder equity by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on LSE
Neutral
Apr 9, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc as per prior instructions. The company plans to cancel these shares, reflecting a strategic decision to manage its share capital, which may impact its market positioning and shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback from HSBC
Neutral
Apr 8, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a transaction initiated on March 25, 2025. The company plans to cancel the purchased shares, which could potentially impact its stock value and shareholder equity, reflecting a strategic move to manage its capital structure.

Executive/Board ChangesBusiness Operations and Strategy
Smiths Group Grants Share Awards to Director Julian Fagge
Neutral
Apr 8, 2025

Smiths Group plc announced that Julian Fagge, a Director, has been granted 21,219 share awards under the 2024 Long Term Incentive Plan. This move aligns with the company’s Directors’ Remuneration Policy and reflects its commitment to incentivize leadership performance over the next three financial years, potentially impacting the company’s strategic goals and shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Program
Neutral
Apr 8, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a previously issued instruction. The shares were purchased from HSBC Bank plc and will be canceled, aligning with regulatory requirements. This move may impact the company’s stock value and shareholder equity, reflecting a strategic decision to manage its capital structure.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 02, 2025