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Smiths Group plc (GB:SMIN)
LSE:SMIN

Smiths Group plc (SMIN) AI Stock Analysis

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GB:SMIN

Smiths Group plc

(LSE:SMIN)

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Neutral 66 (OpenAI - 5.2)
Rating:66Neutral
Price Target:
2,834.00p
▲(8.00% Upside)
Action:ReiteratedDate:12/07/25
Smiths Group plc's overall stock score reflects strong financial health and strategic initiatives to enhance shareholder value. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. Positive earnings call and corporate events provide a supportive outlook.
Positive Factors
Strong cash generation
Near-100% operating cash conversion and GBP 576m generated show the company reliably converts earnings to cash. Coupled with reported free cash flow growth of 15.66%, this durability supports capital allocation for buybacks, M&A, capex and debt servicing over the next several years.
Margin expansion and profitability
Sustained margin expansion to 17.4%, with healthy EBIT and EBITDA margins (14.06% and 18.35%), indicates structural operational efficiency. This margin resilience supports cash generation and earnings durability even if top-line growth moderates, reflecting effective cost and pricing discipline.
Diversified aftermarket and organic growth
Four years of organic growth and a diversified mix across John Crane, Detection, Flex‑Tek and Interconnect provide recurring aftermarket revenue and resilience. A strong order book and 4–6% organic guidance indicate durable demand across security, aerospace, energy and industrial end markets.
Negative Factors
Recent reported revenue decline
A near‑10% reported revenue decline in the latest year signals secular or cyclical pressures in some end markets and highlights sensitivity to demand shocks. If sustained, slower top-line trends can constrain margin upside and make funding acquisitions or higher shareholder returns more difficult.
Operational cyber risk
A cyber incident that disrupted John Crane's aftermarket operations demonstrates operational vulnerability. Such incidents can cause lasting service interruptions, repair backlog, lost aftermarket revenue and increased security spend, all of which can dampen durable aftermarket cash flows and customer trust.
Control/accounting weakness at Flex‑Tek
An identified balance sheet overstatement that materially affected operating and statutory profit points to control weaknesses. Remediation can be costly, and recurring governance issues could undermine financial statement reliability and investor confidence over the medium term.

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

Smiths Group plc Business Overview & Revenue Model

Company DescriptionSmiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide. It operates through John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect, and Smiths Medical divisions. The John Crane division offers mechanical seals, seal support systems, hydrodynamic bearings, packing materials, power transmission couplings, and specialized filtration systems. The Smiths Detection division provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband. The Flex-Tek division offers engineered components that heat and move fluids and gases for the aerospace, medical, industrial, construction, and domestic appliance markets. The Smiths Interconnect division provides specialized electronic and radio frequency board-level and waveguide devices, connectors, cables, test sockets, and sub-systems for applications in the security and defense, medical, general industrial, and space and aerospace markets. The Smiths Medical division offers infusion systems, vascular access, patient airway, and temperature management equipment products; and specialised devices in areas of diagnostic and emergency patient transport. The company was formerly known as Smiths Industries and changed its name to Smiths Group plc in 2000. Smiths Group plc was founded in 1851 and is headquartered in London, the United Kingdom.
How the Company Makes MoneySmiths Group generates revenue through various channels, primarily by selling its specialized products and services. The company’s revenue model is built on a mix of direct sales, long-term contracts, and service agreements. Key revenue streams include the sale of detection systems and security solutions in the Smiths Detection segment, which serve government and commercial customers, and the provision of medical devices and consumables in the Smiths Medical division, which targets healthcare institutions. Additionally, John Crane's mechanical seals and associated services contribute significantly to revenue, particularly in the oil and gas, chemical, and power generation industries. Strategic partnerships with other technology firms and government agencies enhance their market reach and innovation capabilities, further bolstering their earnings. Overall, the company's diversified portfolio and focus on high-value sectors allow it to maintain a stable revenue stream.

Smiths Group plc Earnings Call Summary

Earnings Call Date:Sep 23, 2025
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Mar 20, 2026
Earnings Call Sentiment Positive
The earnings call reflected a strong fiscal year 2025 performance with significant organic revenue growth and operating profit margin expansion. The company successfully navigated challenges, including a cyber incident and balance sheet overstatement, while continuing to invest in acquisitions and shareholder returns. A positive outlook for fiscal year 2026 is supported by a strong order book and ongoing strategic initiatives.
Q4-2025 Updates
Positive Updates
Record Organic Revenue Growth
Fiscal year 2025 marks the fourth consecutive year of organic revenue growth, with group organic revenue up 8.9%, exceeding the 6% to 8% guidance.
Operating Profit Margin Expansion
Operating profit margin expanded by 60 basis points to 17.4%, at the top end of the guidance of 40 to 60 basis points.
Strong Cash Generation
Operating cash conversion was 99%, with GBP 576 million in cash generated, reflecting disciplined cash and working capital management.
Successful Acquisitions and Shareholder Returns
Smiths invested GBP 121 million on acquisitions and increased returns to shareholders with a 5.1% dividend increase, marking 74 consecutive years of dividend payments.
Positive Outlook for Fiscal Year 2026
A strong order book supports expectations for 4% to 6% organic revenue growth with continuing margin expansion in fiscal year 2026.
Smiths Detection and Interconnect Performance
Smiths Detection revenue increased by 15.2% organically, while Smiths Interconnect sales grew by 22.5% organically, both showing strong performance.
Negative Updates
Cyber Incident Impact on John Crane
John Crane faced operational challenges due to a cyber incident, affecting aftermarket growth and causing a slower-than-expected recovery.
Balance Sheet Overstatement in Flex-Tek
An GBP 8 million impact on headline operating profit and a GBP 15 million impact on statutory profit was identified at a U.S. industrial site within Flex-Tek due to a balance sheet overstatement.
Challenging U.S. Construction Market
Flex-Tek's Industrial segment faced challenging conditions in the U.S. construction market, although the business is well positioned for future recovery.
Company Guidance
In the recent call, Smiths Group highlighted its strong financial performance for fiscal year 2025, emphasizing a 4th consecutive year of organic revenue growth at 8.9%, surpassing the initial guidance range of 6% to 8%. The company expanded its operating profit margins by 60 basis points to 17.4%, aligning with the top end of its guidance. Earnings per share increased by 14.8%, and the return on capital employed improved by 170 basis points to 18.1%. Smiths also achieved a 99% operating cash conversion and is progressing with a GBP 0.5 billion share buyback program, having returned GBP 460 million to shareholders in the year. The strategic separation of Smiths Interconnect and Smiths Detection is underway, with Interconnect reported as discontinued operations. Looking forward, Smiths expects 4% to 6% organic revenue growth in fiscal year 2026, supported by a strong order book and ongoing margin expansion driven by operational efficiencies and strategic initiatives.

Smiths Group plc Financial Statement Overview

Summary
Smiths Group plc shows a mixed financial picture with declining revenue growth but strong profitability and operational efficiency. The balance sheet is stable with moderate leverage, and cash flow metrics are robust, indicating solid financial health.
Income Statement
65
Positive
Smiths Group plc has shown a decline in revenue growth with a negative rate of -9.84% in the latest year, indicating potential challenges in maintaining sales momentum. However, the company maintains a strong net profit margin of 10.02%, reflecting efficient cost management. The EBIT and EBITDA margins are healthy at 14.06% and 18.35%, respectively, suggesting operational efficiency despite revenue pressures.
Balance Sheet
70
Positive
The company's balance sheet is stable with a moderate debt-to-equity ratio of 0.33, indicating a balanced approach to leveraging. The return on equity stands at 14.34%, showcasing effective use of shareholder funds to generate profits. The equity ratio of 50.76% reflects a solid capital structure, providing a cushion against financial volatility.
Cash Flow
75
Positive
Smiths Group plc demonstrates strong cash flow management with a positive free cash flow growth rate of 15.66%. The operating cash flow to net income ratio of 1.56 indicates robust cash generation relative to earnings. The free cash flow to net income ratio of 1.32 further underscores the company's ability to convert earnings into cash, supporting future investments and debt servicing.
BreakdownJul 2025Jul 2024Jul 2023Jul 2022Jul 2021
Income Statement
Total Revenue2.92B3.13B3.04B2.57B2.41B
Gross Profit410.00M1.17B1.12B961.00M915.00M
EBITDA535.00M580.00M580.00M287.00M428.00M
Net Income292.00M250.00M231.00M13.00M157.00M
Balance Sheet
Total Assets4.01B4.23B4.36B5.22B5.34B
Cash, Cash Equivalents and Short-Term Investments195.00M459.00M285.00M1.06B405.00M
Total Debt667.00M659.00M654.00M1.17B1.50B
Total Liabilities1.95B1.98B1.95B2.50B2.91B
Stockholders Equity2.04B2.23B2.38B2.70B2.40B
Cash Flow
Free Cash Flow384.00M332.00M212.00M191.00M418.00M
Operating Cash Flow456.00M418.00M293.00M279.00M535.00M
Investing Cash Flow-160.00M39.00M-108.00M1.25B-205.00M
Financing Cash Flow-517.00M-269.00M-945.00M-985.00M-239.00M

Smiths Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2624.00
Price Trends
50DMA
2560.52
Positive
100DMA
2499.08
Positive
200DMA
2385.76
Positive
Market Momentum
MACD
31.21
Positive
RSI
49.20
Neutral
STOCH
25.81
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 2624 is below the 20-day moving average (MA) of 2653.20, above the 50-day MA of 2560.52, and above the 200-day MA of 2385.76, indicating a neutral trend. The MACD of 31.21 indicates Positive momentum. The RSI at 49.20 is Neutral, neither overbought nor oversold. The STOCH value of 25.81 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 (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
£6.78B22.9123.79%1.29%-0.32%-3.96%
72
Outperform
£5.46B17.5614.19%2.46%0.10%-15.33%
66
Neutral
£8.17B29.1712.85%1.93%-6.93%18.57%
66
Neutral
£3.04B14.3416.97%2.04%1.93%-15.07%
64
Neutral
£7.97B29.7417.68%1.26%-1.97%40.55%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
£6.76B20.2310.69%1.10%-0.38%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SMIN
Smiths Group plc
2,624.00
661.42
33.70%
GB:IMI
IMI plc
2,752.00
734.61
36.41%
GB:MRO
Melrose
540.40
-9.53
-1.73%
GB:ROR
Rotork plc
370.80
53.60
16.90%
GB:SPX
Spirax Group
7,410.00
213.05
2.96%
GB:WEIR
Weir Group plc (The)
3,094.00
656.57
26.94%

Smiths Group plc Corporate Events

Business Operations and StrategyStock Buyback
Smiths Group Advances Buyback With Cancellation of Newly Repurchased Shares
Positive
Mar 5, 2026

Smiths Group plc has executed a series of share buyback transactions on 5 March 2026, repurchasing a total of 149,? (69,054 + 26,997 + 19,986 + 17,403 + 16,560) ordinary shares of 37.5 pence each across multiple trading venues at volume-weighted average prices around 2,673 pence per share. The company plans to cancel these shares, which will reduce the number of shares in issue and is likely to enhance earnings per share and signal continued confidence in its financial position and long-term strategy in its core industrial engineering markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2888.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 150,000 Shares in Ongoing Capital Return
Positive
Mar 4, 2026

Smiths Group plc has continued its share buyback activity, purchasing a total of 150,000 ordinary shares on 4 March 2026 across multiple trading venues at volume-weighted average prices around 2,648p per share. The company intends to cancel all of the repurchased shares, reducing its share count and potentially enhancing earnings per share and capital returns for investors.

The latest tranche of buybacks, executed via HSBC Bank, follows instructions initially issued in November 2025 as part of a broader capital management programme. By shrinking its equity base while maintaining its strategic focus on high-growth industrial markets, Smiths Group reinforces its commitment to disciplined capital allocation and shareholder value creation.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 150,000 Shares in Ongoing Capital Return
Positive
Mar 3, 2026

Smiths Group has repurchased and will cancel a total of 150,000 ordinary shares on 3 March 2026 across several trading venues, as part of a buyback programme instructed in November 2025. The transaction, executed through HSBC at a volume-weighted average price of around 2,647 pence per share, will reduce the company’s share count and may enhance earnings per share, signalling continued capital returns to shareholders.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 StrategyM&A Transactions
Smiths Group to buy U.S. data-centre cooling specialist DRC Heat Transfer for £164m
Positive
Mar 3, 2026

Smiths Group has agreed to acquire U.S.-based DRC Heat Transfer, a designer and manufacturer of custom heat transfer and cooling solutions for power generators in data centres and other industrial, transit and energy markets, for £164 million, equivalent to 10 times DRC’s adjusted 2025 EBITDA. DRC, which generated £73 million in 2025 revenue and employs more than 250 staff near Chicago, will be integrated into Smiths’ Flex-Tek industrial heat business, expanding its reach into fast-growing, mission-critical power generation and data centre cooling applications.

The acquisition extends Flex-Tek’s capabilities into cooling and broader thermal solutions, enabling Smiths to serve a wider customer base and deepen its presence in structurally growing markets such as data centre back-up power. Management positions the deal as a key step in scaling Flex-Tek into higher-growth adjacencies, broadening its offering for existing customers and increasing its addressable market, with completion expected in the second half of fiscal 2026 subject to customary approvals.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 StrategyStock Buyback
Smiths Group Continues Share Buyback, Cancels 150,000 Shares
Positive
Mar 2, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 150,000 ordinary shares on 2 March 2026 across multiple trading venues at a volume-weighted average price of around 2,708 pence. The company intends to cancel all of the shares acquired, effectively reducing its share capital and potentially enhancing earnings per share, underscoring ongoing efforts to return capital to shareholders and optimise its balance sheet.

The latest tranche of purchases was executed by HSBC Bank plc under instructions originally issued in November 2025, reflecting a pre-planned capital management programme. This cancellation-based buyback supports Smiths Group’s long-term value creation approach as it focuses its industrial engineering portfolio on attractive growth segments while also signalling confidence in the company’s financial position and future prospects.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2979.00 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 Ahead of Buyback Cancellations
Neutral
Mar 2, 2026

Smiths Group plc has confirmed that, as of the close of business on 27 February 2026, its issued share capital consisted of 313,500,104 ordinary shares of 37.5p each, all admitted to the Financial Conduct Authority’s Official List and to trading on the London Stock Exchange. Each share carries one vote and the company holds no treasury shares, giving a total of 313,500,104 voting rights.

The company stated that this voting-rights figure should be used by shareholders and other obliged parties as the denominator when assessing whether they need to disclose holdings or changes in holdings under the FCA’s transparency rules. Smiths Group also noted that this total does not yet factor in shares bought back between 23 and 27 February 2026 under its share buyback programme which have not yet settled and been cancelled, implying that the overall share count and voting rights will decrease once those transactions complete.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2979.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Shares in Ongoing Capital Management Move
Positive
Feb 27, 2026

Smiths Group plc has repurchased and will cancel a total of 149,?— (81,677 + 30,207 + 13,606 + 12,771 + 11,739) ordinary shares of 37.5 pence each on 27 February 2026 across multiple trading venues, at volume-weighted average prices around 2,718–2,721 pence per share. The transaction, executed by HSBC Bank under previously announced instructions, forms part of the company’s ongoing capital management and is expected to enhance shareholder value by reducing the number of shares in issue.

By cancelling the repurchased shares rather than holding them in treasury, Smiths Group effectively returns capital to investors while slightly increasing earnings per share over time. The move underscores management’s confidence in the group’s financial position and long-term strategy in its core industrial engineering markets, although it does not constitute an offer or solicitation for securities in any jurisdiction.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2899.00 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 StrategyStock Buyback
Smiths Group Cancels Shares After Fresh £40m Buyback Tranche
Positive
Feb 26, 2026

Smiths Group plc has repurchased a total of 149,?000 of its ordinary shares on 26 February 2026 across multiple trading venues, at volume-weighted average prices around 2,691 pence per share. The company intends to cancel these shares, reducing its share capital in line with previously announced instructions issued in November 2025.

The buyback and cancellation support Smiths Group’s capital allocation strategy, which can enhance earnings per share and signal confidence in future prospects to shareholders. Executed through HSBC on several London-based platforms, the transaction underscores ongoing efforts to manage the group’s balance sheet and optimise returns in its core industrial engineering markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2923.00 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 StrategyStock Buyback
Smiths Group Cancels 150,000 Shares After Latest Buyback
Positive
Feb 25, 2026

Smiths Group plc has repurchased 150,000 of its own ordinary shares on 25 February 2026 across multiple trading venues, paying a volume-weighted average price close to 2,690 pence per share. The company plans to cancel all of the repurchased shares, thereby reducing its share capital.

The buyback, executed through HSBC Bank under previously announced instructions, forms part of Smiths Group’s ongoing capital management strategy. By shrinking the share count, the move is likely to enhance earnings per share over time and signals continued confidence in the group’s financial position and long-term prospects.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2925.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares in Ongoing Buyback Programme
Positive
Feb 24, 2026

Smiths Group has continued its share buyback activity, repurchasing a total of 149,,?000 ordinary shares on 24 February 2026 across multiple trading venues at a volume-weighted average price of around 2,702 pence. The company intends to cancel these shares, a move that will reduce the overall share count and can enhance earnings per share, underlining management’s ongoing capital-return strategy and confidence in the group’s financial position.

The latest tranche of buybacks was executed through HSBC on the London Stock Exchange and various electronic platforms, following instructions first issued in November 2025. By shrinking its equity base while operating in structurally attractive markets such as energy and industrials, Smiths Group is reinforcing its focus on shareholder value creation and signalling a disciplined approach to balance-sheet management.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares in Latest Buyback Move
Positive
Feb 23, 2026

Smiths Group has repurchased a total of 149, ,000 of its ordinary shares on 23 February 2026 across multiple trading venues, at volume-weighted average prices of around 2,704 pence per share. The company plans to cancel these shares, effectively reducing its share capital and potentially enhancing earnings per share and capital returns for investors.

The buyback, executed through HSBC under previously announced instructions, underscores Smiths Group’s continued use of share repurchases as a tool for capital allocation. This action may signal confidence in the company’s long-term prospects and supports its positioning as a focused, value-creating industrial engineering group in attractive, growing markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares After Multi-Venue Buyback
Positive
Feb 20, 2026

Smiths Group has repurchased a total of 149,? (79,195 + 24,946 + 21,947 + 13,269 + 10,643) of its ordinary shares on 20 February 2026 across several trading venues, at volume-weighted average prices around 2,687 pence per share. The company plans to cancel all the shares bought back, effectively reducing its share capital, which may enhance earnings per share and signals continued capital management discipline that could be viewed positively by investors.

The buyback, executed through HSBC on multiple London markets including XLON, CHIX, AQXE, TRQX and BATE, follows previously issued instructions from November 2025. By shrinking its share base while operating in attractive and growing industrial segments, Smiths Group reinforces its shareholder-return strategy and underlines confidence in its financial position and long-term prospects in core energy and industrial efficiency markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2847.00 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 StrategyM&A TransactionsRegulatory Filings and Compliance
Smiths Group Seals £2 Billion Sale of Detection Unit to CVC
Positive
Feb 20, 2026

Smiths Group has signed a binding share purchase agreement to sell its Smiths Detection business to private equity firm CVC Capital Partners for an enterprise value of £2.0 billion. The deal, struck at multiples of 16.3 times headline operating profit and 12.5 times headline EBITDA for the year to 31 July 2025, is expected to generate around £1.85 billion in net cash proceeds for Smiths after expenses.

The sale follows the exercise of a previously agreed put option after completion of employee consultations in France, and all required regulatory filings under the agreement have now been submitted. With some approvals already granted and completion targeted for the second half of 2026, the transaction will further streamline Smiths Group’s portfolio and could enhance its financial flexibility to focus on core growth markets and strategic priorities.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2847.00 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 StrategyStock Buyback
Smiths Group Cancels 149,000 Shares After Latest Buyback Tranche
Positive
Feb 19, 2026

Smiths Group plc has executed another tranche of its share buyback programme, repurchasing 149,000 ordinary shares on 19 February 2026 across multiple trading venues at volume-weighted average prices around 2,643 pence per share. The company has stated that all purchased shares will be cancelled, effectively reducing the total number of shares in issue.

The cancellation of these shares will enhance earnings per share and may support the share price, underlining management’s confidence in the group’s financial position and cash generation. The move also reflects continued capital returns to shareholders, reinforcing Smiths Group’s investor proposition as it pursues its strategy in energy, industrials and construction markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2847.00 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 StrategyStock Buyback
Smiths Group Advances Capital Return Plan With Further Share Buyback
Positive
Feb 18, 2026

Smiths Group has continued its share buyback activity, repurchasing a total of 149,?000 ordinary shares on 18 February 2026 across multiple trading venues, at a volume weighted average price of about 2,637 pence per share. The company plans to cancel these shares, effectively reducing its share capital, which can enhance earnings per share and signals ongoing confidence in its financial position and long-term strategy.

The repurchases were executed by HSBC Bank on the London Stock Exchange and associated platforms under pre-existing instructions issued in November 2025, underscoring that this is part of a previously announced capital management programme rather than a new initiative. By returning capital to shareholders while maintaining its strategic focus on high-growth industrial markets, Smiths Group is reinforcing its commitment to shareholder value and disciplined balance sheet management.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2825.00 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 StrategyStock Buyback
Smiths Group Cancels 150,000 Shares After Latest Buyback Tranche
Positive
Feb 17, 2026

Smiths Group has executed further share buybacks on 17 February 2026, repurchasing a total of 150,000 ordinary shares across multiple trading venues at volume-weighted average prices of just over 2,620 pence per share. The transactions were carried out by HSBC Bank under previously issued instructions and form part of the company’s ongoing capital management programme.

The company plans to cancel all of the shares purchased, effectively reducing its share count and potentially enhancing earnings per share for remaining investors. The move underscores management’s confidence in the business and its cash generation, while signalling continued commitment to returning surplus capital to shareholders in a disciplined way.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2825.00 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 StrategyStock Buyback
Smiths Group Continues Share Buyback, Cancels Newly Repurchased Stock
Positive
Feb 16, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 149,?000 ordinary shares of 37.5 pence each on 16 February 2026 across multiple trading venues, at volume-weighted average prices of around 2,613 pence per share. The company plans to cancel all of the shares acquired, a move that will reduce the number of shares in issue and can enhance earnings per share, underlining ongoing capital management and shareholder return priorities.

The purchases were executed by HSBC Bank plc in line with instructions originally issued in November 2025 as part of Smiths Group’s authorised buyback programme. By continuing to retire equity through market repurchases, Smiths Group reinforces its financial flexibility and signals confidence in its balance sheet and long-term value creation strategy for investors.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2825.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares in Ongoing Buyback
Positive
Feb 13, 2026

Smiths Group has continued its share buyback activity, purchasing a total of 149,000 ordinary shares on 13 February 2026 across several trading venues at volume-weighted average prices around 2,620 pence per share. The company intends to cancel these shares, reducing its share count and potentially enhancing earnings per share and capital efficiency for investors.

The latest repurchases were executed through HSBC under previously disclosed instructions issued in November 2025, underscoring Smiths Group’s ongoing capital return programme alongside its core industrial engineering operations. The move aligns with a strategy to optimise the balance sheet while maintaining focus on attractive growth segments in energy, industrials and construction.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2840.00 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 StrategyStock Buyback
Smiths Group cancels newly repurchased shares in latest buyback
Positive
Feb 12, 2026

Smiths Group plc has repurchased a total of 149,, shares of its 37.5 pence ordinary stock on 12 February 2026 across multiple trading venues including the London Stock Exchange, CHIX, AQXE, TRQX and BATE. The shares, bought at volume-weighted average prices around 2,638 pence, will be cancelled, effectively reducing the company’s share capital and potentially enhancing earnings per share and shareholder value over time.

The transactions were executed by HSBC Bank plc under previously issued instructions dated 26 November 2025, underscoring Smiths Group’s ongoing capital management strategy. By tightening its share base through cancellations rather than holding the stock in treasury, the group signals confidence in its financial position and long-term prospects in its chosen industrial markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2840.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares in Ongoing Buyback
Positive
Feb 11, 2026

Smiths Group plc has continued its share buyback activity, purchasing a total of 149,?000-plus ordinary shares on 11 February 2026 across multiple trading venues, including the London Stock Exchange, at volume-weighted average prices around 2,628–2,631 pence. The company plans to cancel the repurchased shares, a move that will reduce its share count and may enhance earnings per share and capital returns for investors as it pursues a focused, value-creating industrial engineering strategy.

The transactions were executed by HSBC Bank plc under previously issued instructions from November 2025, reflecting Smiths Group’s ongoing deployment of capital into buybacks alongside its core operations in energy, industrials and construction markets. By shrinking its equity base while operating in attractive and growing segments, Smiths Group reinforces its positioning as a disciplined allocator of capital, potentially supporting shareholder value and signalling confidence in its long-term prospects.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2840.00 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 StrategyStock Buyback
Smiths Group Cancels Shares After Fresh Buyback on London Market
Positive
Feb 10, 2026

Smiths Group plc has repurchased a total of 149,?000 ordinary shares on 10 February 2026 across multiple trading venues, at volume-weighted average prices of around 2,610p per share. The buyback was executed by HSBC Bank under previously issued instructions and the company plans to cancel all of the repurchased shares.

The cancellation of these shares will reduce Smiths Group’s share count, which can enhance earnings per share and may signal confidence in its financial position and long-term strategy. The move forms part of the group’s broader capital management approach as it continues to position itself as a focused, efficient value-creating industrial engineering business in attractive global markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2840.00 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 StrategyStock Buyback
Smiths Group Cancels Newly Repurchased Shares in Ongoing Buyback
Positive
Feb 9, 2026

Smiths Group has continued its share buyback activity, repurchasing a total of 149,,000 ordinary shares on 9 February 2026 across several London trading venues at volume-weighted average prices of just over 2,613 pence per share. The company plans to cancel the repurchased shares, a move that will reduce the overall share count and is likely to enhance earnings per share and signal ongoing confidence in its long-term strategy and capital allocation discipline.

The buyback, executed through HSBC under previously issued instructions, underlines Smiths Group’s focus on shareholder returns alongside its core industrial engineering operations. By shrinking its equity base while maintaining its presence in attractive growth segments such as energy, industrials and construction, the group reinforces its positioning as a focused, value-creating player addressing global themes like decarbonisation and energy efficiency.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 150,000 Shares in Capital Management Move
Positive
Feb 6, 2026

Smiths Group plc has repurchased a total of 150,000 of its ordinary shares on 6 February 2026 across multiple trading venues, at volume-weighted average prices of around 2,571–2,575 pence per share, under instructions originally issued in November 2025. The company plans to cancel the purchased shares, a move that will reduce its share count and may enhance earnings per share and capital returns for investors, underscoring ongoing active capital management in line with its strategy as a focused, value-creating industrial engineering group.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Repurchases and Cancels 149,000 Shares in Ongoing Buyback
Positive
Feb 5, 2026

Smiths Group has continued its share buyback activity, repurchasing and cancelling a total of 149,000 ordinary shares on 5 February 2026 across several trading venues at a volume-weighted average price of around 2,561–2,564 pence per share, under previously announced instructions to HSBC Bank. The cancellation of these shares reduces the company’s share capital, which can enhance earnings per share and signals ongoing capital-return discipline, reinforcing Smiths Group’s positioning as a focused, value-creating industrial engineering group for its shareholders.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 149,000 Shares in London Market
Positive
Feb 3, 2026

Smiths Group plc has repurchased and will cancel a total of 149,000 of its ordinary shares on 3 February 2026 through multiple trades executed by HSBC across several London trading venues, at a volume-weighted average price of around 2,539 pence per share. The move is part of a previously announced share buyback programme and the cancellation of these shares will reduce the company’s share count, potentially enhancing earnings per share and signalling continued confidence in its financial position and long-term strategy to investors.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 149,000 Shares on 2 February 2026
Positive
Feb 2, 2026

Smiths Group plc has continued its share buyback activity, purchasing a total of 149,000 ordinary shares of 37.5 pence each on 2 February 2026 across several trading venues, at volume-weighted average prices of around 2,514–2,518 pence per share. The company plans to cancel the repurchased shares, effectively reducing its share capital, which can enhance earnings per share and signal management’s confidence in the business to investors, reinforcing its capital allocation strategy without constituting an offer or solicitation for securities.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Regulatory Filings and Compliance
Smiths Group Non-Executive Directors Add to Shareholdings via Fee-Based Purchase Plan
Neutral
Feb 2, 2026

Smiths Group plc has disclosed that non-executive directors Richard Howes and Simon Pryce have each acquired additional ordinary shares in the company on 2 February 2026 through a quarterly arrangement that uses a fixed proportion of their after-tax director fees to purchase stock. The small on-market transactions, executed at £24.96 per share on the London Stock Exchange, modestly increase their personal holdings and further align the directors’ interests with those of shareholders, in line with standard corporate governance and remuneration practices.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 at 316.5 Million Shares
Neutral
Feb 2, 2026

Smiths Group plc has confirmed that, as of the close of business on 30 January 2026, its issued share capital consists of 316,500,104 ordinary shares, each carrying one vote and none held in treasury, giving a total of 316,500,104 voting rights. This updated voting rights figure, which excludes shares bought back between 26 and 30 January that have yet to settle and be cancelled, provides the reference denominator for shareholders and other obligated parties when assessing and disclosing changes in their interests under UK transparency rules.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 149,000 Shares in Latest Capital Management Move
Positive
Jan 30, 2026

Smiths Group plc has repurchased a total of 149,,000 of its ordinary shares on 30 January 2026 across multiple trading venues at a volume-weighted average price of just over 2,519 pence per share, under previously announced instructions to HSBC Bank plc. The company intends to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share, signalling continued capital discipline and a shareholder-focused approach to balance sheet management.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £4300.00 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 StrategyStock Buyback
Smiths Group Advances Capital Return Strategy with Further Share Buyback and Cancellation
Positive
Jan 29, 2026

Smiths Group has continued its share buyback activity with the repurchase of 149,, over multiple trading venues including the London Stock Exchange and alternative platforms, at volume-weighted average prices around 2,530–2,533 pence per share. The company intends to cancel all of the shares acquired in this latest transaction, a move that will reduce its share count and can enhance earnings per share over time, signalling ongoing capital-return discipline to shareholders while potentially reinforcing its valuation in the market.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £30.00 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 StrategyStock Buyback
Smiths Group Continues Share Buyback with Further Share Purchases for Cancellation
Positive
Jan 28, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 149,? shares of 37.5 pence each on 28 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,556–2,562 pence per share. The company plans to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share and capital returns to investors, underlining management’s ongoing commitment to shareholder value within its broader strategy as a focused, value-creating industrial engineering group.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2825.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Further Shares on London Market
Positive
Jan 27, 2026

Smiths Group plc has repurchased a total of 149,,000 of its ordinary shares on 27 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,633–2,635 pence per share, under a previously announced share buyback instruction with HSBC Bank plc. The company plans to cancel the repurchased shares, effectively reducing its share capital, a move that typically supports earnings per share and signals ongoing capital return to shareholders, potentially reinforcing investor confidence in the group’s financial position and long-term strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2849.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 149,000 Shares to Boost Capital Efficiency
Positive
Jan 26, 2026

Smiths Group plc has continued its share buyback activity, purchasing a total of 149,000 ordinary shares on 26 January 2026 across several trading venues at volume-weighted average prices of around 2,647–2,650 pence per share. The company intends to cancel all of the repurchased shares, a move that will reduce its share count and typically enhances earnings per share and capital returns for investors, underlining management’s ongoing focus on capital efficiency and shareholder value within its broader industrial engineering strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2827.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 149,000 Shares to Boost Capital Efficiency
Positive
Jan 23, 2026

Smiths Group plc has repurchased a total of 149,000 of its ordinary shares on 23 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,616–2,619 pence per share, under instructions originally issued in November 2025. The company plans to cancel all of the shares bought back, a move that will reduce the overall share count and may enhance earnings per share and capital returns for investors, underlining management’s ongoing commitment to shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2823.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Nearly 150,000 Shares on 22 January
Positive
Jan 22, 2026

Smiths Group plc has repurchased a total of 149,,000 of its ordinary shares on 22 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,640 pence per share, under instructions originally issued in November 2025. The company plans to cancel the bought-back shares, a move that will reduce its share count and may enhance earnings per share and capital returns for investors, underscoring management’s ongoing commitment to capital discipline and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2823.00 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 StrategyStock Buyback
Smiths Group Cancels New Tranche of Repurchased Shares
Positive
Jan 21, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 149,,000 ordinary shares on 21 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,599–2,607 pence per share. The company plans to cancel all of the purchased shares, effectively reducing its share capital and potentially enhancing earnings per share, underscoring ongoing efforts to return capital to shareholders and signal confidence in its financial position.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2821.00 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 StrategyStock Buyback
Smiths Group Cancels 150,000 Shares After Latest Buyback Tranche
Positive
Jan 20, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 150,000 ordinary shares on 20 January 2026 across multiple trading venues at a volume-weighted average price of around 2,563 pence per share. The company plans to cancel the repurchased shares, effectively reducing its share count, which may enhance earnings per share and underscores management’s ongoing capital return strategy and confidence in the business’s long-term prospects.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2821.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Over 240,000 Shares
Positive
Jan 19, 2026

Smiths Group plc has repurchased a total of 241,118 of its ordinary shares on 19 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,580 pence per share. The company plans to cancel the repurchased shares, a move that reduces its share count and may enhance earnings per share and capital efficiency, underlining ongoing efforts to return value to shareholders within its broader industrial engineering strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2821.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Nearly 69,000 Shares
Positive
Jan 16, 2026

Smiths Group plc has repurchased and will cancel a total of 68,882 of its ordinary shares on 16 January 2026 across multiple trading venues, as part of a share buyback programme previously instructed to HSBC Bank plc. The cancellation of these shares will reduce the company’s share capital, which can enhance earnings per share and is likely to be viewed as a signal of confidence in the group’s financial strength and long-term strategy in its core industrial engineering markets.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2500.00 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 StrategyStock Buyback
Smiths Group Extends Buyback with £2.5bn-Price Range Share Repurchases
Positive
Jan 15, 2026

Smiths Group plc has continued its share buyback activity, repurchasing a total of 159,000 ordinary shares on 15 January 2026 across multiple trading venues at volume-weighted average prices of around 2,528–2,540 pence per share. The company plans to cancel the purchased shares, a move that will reduce the overall share count and is likely to enhance earnings per share and signal ongoing confidence in its strategy and long-term value creation for investors.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2500.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Own Shares to Boost Capital Efficiency
Positive
Jan 14, 2026

Smiths Group plc has repurchased 159,,000 of its ordinary shares on 14 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,459–2,461 pence per share, under previously announced instructions to HSBC Bank plc. The company plans to cancel the shares bought back, a move that will reduce the overall share count and may enhance earnings per share and capital returns for investors, underlining management’s continued focus on capital efficiency and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2500.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 168,744 Shares in Ongoing Capital Return
Positive
Jan 13, 2026

Smiths Group plc has continued its share buyback activity, purchasing a total of 168,744 ordinary shares on 13 January 2026 across several trading venues at a volume-weighted average price of around 2,451 pence per share. The company plans to cancel all the shares acquired, a move that will reduce the overall share count and is likely to enhance earnings per share and signal ongoing confidence in its financial position to investors.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Over 150,000 Shares in Capital Return Move
Positive
Jan 12, 2026

Smiths Group plc has repurchased a total of 152,332 of its 37.5 pence ordinary shares on 12 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,456–2,458 pence per share, under instructions originally issued in November 2025. The company plans to cancel all of the shares bought back, a move that will reduce its share count and could enhance earnings per share and capital returns for investors, underlining management’s ongoing commitment to capital discipline and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 158,924 Shares on London Market
Positive
Jan 9, 2026

Smiths Group has repurchased a total of 158,924 ordinary shares on various London trading venues on 9 January 2026 as part of a previously announced buyback programme, at volume-weighted average prices around 2,450–2,460 pence per share. The company plans to cancel the acquired shares, a move that will reduce its share capital and can enhance earnings per share, signalling ongoing efforts to return capital to shareholders and potentially strengthen its equity market positioning.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Cancels 161,773 Shares After Latest Buyback
Positive
Jan 8, 2026

Smiths Group plc has repurchased a total of 161,773 of its own ordinary shares on 8 January 2026 across multiple trading venues, as part of a previously announced share buyback instruction issued in November 2025. The company plans to cancel the acquired shares, a move that will reduce the overall share count and can enhance earnings per share, underscoring ongoing efforts to return capital to shareholders and signal confidence in its long-term outlook.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 158,697 Shares in Capital Reduction Move
Positive
Jan 7, 2026

Smiths Group plc has repurchased a total of 158,697 ordinary shares on 7 January 2026 across multiple trading venues, at volume-weighted average prices around 2,454 pence per share, under instructions originally issued in November 2025. The company will cancel the repurchased shares, effectively reducing its share capital, a move that typically supports earnings per share and can signal confidence in the group’s financial strength and long-term value creation strategy for shareholders.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels 159,530 Shares in Capital Reduction Move
Positive
Jan 6, 2026

Smiths Group plc has repurchased a total of 159,530 of its own ordinary shares on 6 January 2026 across multiple trading venues, with a volume-weighted average price of about 2,441 pence per share, under previously issued buyback instructions. The company plans to cancel all the shares bought back, effectively reducing its share capital, which is likely to provide support for earnings per share and signals continued capital-return discipline to shareholders in the context of its ongoing strategy as a focused industrial engineering group.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Nearly 400,000 Shares
Positive
Jan 5, 2026

Smiths Group plc has repurchased a total of 398,015 of its ordinary shares on 5 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,410–2,418 pence per share, under a buyback programme previously instructed to HSBC Bank plc. The company plans to cancel the purchased shares, a move that will reduce the overall share count and may enhance earnings per share and capital efficiency, signalling continued commitment to shareholder returns within its broader value-creation strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Regulatory Filings and Compliance
Smiths Group Confirms Total Voting Rights at Year-End 2025
Neutral
Jan 2, 2026

Smiths Group plc has confirmed that as of 31 December 2025 its issued share capital consists of 319,088,119 ordinary shares of 37.5p each, all admitted to the FCA’s Official List and trading on the London Stock Exchange, with no shares held in treasury. This establishes the total number of voting rights at 319,088,119, a key reference figure for shareholders and market participants in assessing disclosure obligations and monitoring changes in ownership under UK transparency rules.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Nearly 400,000 Shares
Positive
Dec 19, 2025

Smiths Group plc has repurchased and will cancel a total of 397,798 ordinary shares on 19 December 2025, executing the buyback across multiple trading venues at a volume-weighted average price of around 2,402 pence per share. The cancellation of these shares forms part of the company’s ongoing capital management strategy and will reduce the number of shares in circulation, potentially enhancing earnings per share and supporting shareholder value, while underscoring management’s confidence in the group’s financial position and long-term prospects.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 StrategyStock Buyback
Smiths Group Buys Back and Cancels Over 400,000 Shares
Positive
Dec 18, 2025

Smiths Group plc has repurchased a total of 409,013 of its ordinary shares on 18 December 2025 across several trading venues, including the London Stock Exchange, BATE, CHIX, AQXE and TRQX, at volume-weighted average prices ranging from roughly 2,350p to 2,379p per share. The company plans to cancel all of the shares bought back, a move that will reduce its share count and can be expected to enhance earnings per share and capital returns for investors, underscoring ongoing efforts to create shareholder value within its focused industrial engineering strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Announces Share Repurchase and Cancellation
Positive
Dec 17, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange as part of its strategy to manage its share capital framework. A significant number of shares were purchased from HSBC Bank plc at varying prices, with the purchased shares set to be canceled. This move reflects Smiths Group’s commitment to delivering value to shareholders and maintaining operational efficiency.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Dec 16, 2025

Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. The transaction involved buying shares at varying prices, with the company planning to cancel the acquired shares. This move is part of Smiths Group’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to efficient operations and market competitiveness.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 15, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The transaction, which involved the purchase of 359,514 shares at varying prices, is part of Smiths Group’s strategy to manage its share capital effectively. The company plans to cancel the purchased shares, which could potentially enhance shareholder value and reflect confidence in its financial health.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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
Neutral
Dec 12, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange. The transaction, which was part of a previously issued instruction, involved the purchase of 328,591 shares at varying prices across different trading venues. The company plans to cancel these shares, which could impact its share capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Enhances Shareholder Value with Share Repurchase
Positive
Dec 11, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The company plans to cancel these shares, aligning with its strategy to enhance shareholder value. This move reflects Smiths Group’s commitment to efficient capital management and may positively impact its market positioning by potentially increasing earnings per share and shareholder returns.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

M&A Transactions
Smiths Group to Sell Smiths Interconnect to Molex for £1.3 Billion
Neutral
Dec 11, 2025

Smiths Group plc has entered into a binding agreement to sell its Smiths Interconnect division to Molex Electronic Technologies Holdings, LLC for an enterprise value of £1.3 billion. This transaction, expected to complete in the second half of fiscal year 2026, follows the completion of a French Employment Consultation and is subject to customary conditions and regulatory approvals.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Dec 10, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc. The purchased shares will be cancelled, aligning with the company’s strategic financial management and potentially impacting its share value and market perception. This transaction reflects Smiths Group’s commitment to efficient capital allocation and may influence its market positioning within the industrial engineering sector.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 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 StrategyStock Buyback
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Dec 9, 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, aligning with its strategy to enhance shareholder value and streamline its operations. This move is part of Smiths Group’s ongoing efforts to maintain a focused and efficient business model, which could positively impact its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2562.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

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: Dec 07, 2025