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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 - 4o)
Rating:66Neutral
Price Target:
2,562.00p
▲(9.86% Upside)
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
Revenue Growth
Consistent revenue growth indicates the company's ability to expand its market presence and enhance product adoption across its divisions.
Cash Flow Management
Strong cash flow management ensures the company can fund operations, invest in growth opportunities, and return value to shareholders.
Capital Structure
A strong capital structure with moderate leverage enhances financial stability and provides flexibility for strategic investments.
Negative Factors
Return on Equity
A relatively low return on equity indicates potential inefficiencies in generating returns from shareholders' investments, which could impact long-term value creation.
Profit Margins
While profitability is good, the net profit margin suggests limited room for error in cost management, which could affect future earnings stability.
Valuation Concerns
High valuation multiples may limit upside potential and require sustained performance improvements to justify current market expectations.

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, UK, specializing in the manufacturing of advanced technology products and services across four main sectors: Smiths Detection, Smiths Interconnect, Smiths Medical, and John Crane. The company’s core offerings include detection and security solutions, electronic and radio frequency components, medical devices and consumables, and mechanical seals and associated products, catering to diverse markets such as defense, aerospace, medical, and industrial sectors.
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 demonstrates strong financial performance with solid revenue growth, efficient operations, and robust cash flow management. The balance sheet is stable, though there is room for improvement in return on equity.
Income Statement
65
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
70
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
75
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.
BreakdownTTMDec 2025Dec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue3.23B2.92B3.13B3.04B2.57B
Gross Profit1.18B410.00M1.17B1.12B961.00M
EBITDA605.00M535.00M580.00M580.00M287.00M
Net Income306.00M292.00M250.00M231.00M13.00M
Balance Sheet
Total Assets4.29B4.01B4.23B4.36B5.22B
Cash, Cash Equivalents and Short-Term Investments392.00M195.00M459.00M285.00M1.06B
Total Debt667.00M667.00M659.00M654.00M1.17B
Total Liabilities2.00B1.95B1.98B1.95B2.50B
Stockholders Equity2.27B2.04B2.23B2.38B2.70B
Cash Flow
Free Cash Flow380.00M384.00M332.00M212.00M191.00M
Operating Cash Flow455.00M456.00M418.00M293.00M279.00M
Investing Cash Flow52.00M-160.00M39.00M-108.00M1.25B
Financing Cash Flow-293.00M-517.00M-269.00M-945.00M-985.00M

Smiths Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2332.00
Price Trends
50DMA
2435.88
Negative
100DMA
2377.26
Positive
200DMA
2214.20
Positive
Market Momentum
MACD
-27.23
Positive
RSI
49.43
Neutral
STOCH
35.66
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 2332 is below the 20-day moving average (MA) of 2391.60, below the 50-day MA of 2435.88, and above the 200-day MA of 2214.20, indicating a neutral trend. The MACD of -27.23 indicates Positive momentum. The RSI at 49.43 is Neutral, neither overbought nor oversold. The STOCH value of 35.66 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
£6.08B26.3623.79%1.32%-0.32%-3.96%
75
Outperform
£7.36B24.0517.68%1.28%-1.97%40.55%
72
Outperform
£4.90B30.1214.19%2.50%0.10%-15.33%
66
Neutral
£7.43B27.1412.85%1.97%-6.93%18.57%
66
Neutral
£2.69B27.6116.97%2.07%1.93%-15.07%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
50
Neutral
£6.93B22.3810.69%1.16%-0.38%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SMIN
Smiths Group plc
2,394.00
699.76
41.30%
GB:IMI
IMI plc
2,434.00
634.10
35.23%
GB:MRO
Melrose
565.40
24.56
4.54%
GB:ROR
Rotork plc
323.60
15.17
4.92%
GB:SPX
Spirax Group
6,730.00
-33.87
-0.50%
GB:WEIR
Weir Group plc (The)
2,814.00
647.83
29.91%

Smiths Group plc Corporate Events

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Repurchase
Positive
Dec 4, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares will be canceled, aligning with the company’s strategy to enhance shareholder value and streamline its capital structure. This move reflects Smiths Group’s commitment to maintaining a focused and efficient operation, potentially impacting its market positioning positively by demonstrating financial strength and strategic discipline.

Stock BuybackBusiness Operations and Strategy
Smiths Group Initiates New £1 Billion Share Buyback Program
Positive
Dec 3, 2025

Smiths Group plc has completed a £500 million share buyback program and is initiating a new £1 billion buyback plan, starting with a £600 million tranche. This strategic move is part of the company’s efforts to enhance shareholder value and reflects its strong financial position, potentially impacting its market standing and investor confidence positively.

M&A TransactionsBusiness Operations and Strategy
Smiths Group Sells Detection Division to Focus on Core Engineering
Positive
Dec 3, 2025

Smiths Group plc has announced the sale of its Smiths Detection division to CVC Capital Partners for £2.0 billion, marking a significant step in its strategic repositioning as a focused industrial engineering firm. This transaction, along with the sale of Smiths Interconnect, underscores Smiths’ commitment to enhancing shareholder value and growth potential, with plans to return a large portion of the proceeds to shareholders while investing in its core business areas.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Repurchase
Positive
Dec 2, 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 value and efficiency. This move could potentially impact the company’s market positioning by reducing outstanding shares, thereby increasing shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 1, 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 will be cancelled, aligning with the company’s strategy to manage its capital structure effectively. This move is expected to enhance shareholder value and reflects Smiths Group’s commitment to maintaining a focused and efficient operational approach.

Delistings and Listing ChangesStock BuybackRegulatory Filings and Compliance
Smiths Group Confirms Total Voting Rights and Share Capital
Neutral
Dec 1, 2025

Smiths Group plc announced that as of November 28, 2025, its issued share capital consists of 324,264,303 ordinary shares, each carrying one vote, and all admitted to trading on the London Stock Exchange. This figure serves as the total number of voting rights for shareholders and other parties under the FCA’s Disclosure Guidance and Transparency Rules. The announcement clarifies that shares purchased under the Share Buyback Programme during late November have not yet settled or been canceled, which may affect the total voting rights in the future.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Nov 28, 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 as part of the company’s strategic financial management, potentially impacting its market positioning by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 27, 2025

Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The purchased shares will be cancelled, which is a strategic move to potentially enhance shareholder value by reducing the number of shares outstanding. This transaction aligns with Smiths Group’s focus on efficient capital management and may impact its market positioning by signaling confidence in the company’s financial health.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 26, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc, as part of a previously issued instruction. The company plans to cancel the purchased shares, which aligns with its strategy to enhance shareholder value. This move is expected to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating confidence in its financial stability.

Stock Buyback
Smiths Group Initiates £1 Billion Share Buyback Programme
Positive
Nov 26, 2025

Smiths Group plc has announced the commencement of a £1 billion share buyback programme, with an initial tranche of £600 million to be completed by July 2026. This move, managed by HSBC, aims to reduce the company’s share capital and is expected to impact its market positioning by potentially increasing shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value Through Share Repurchase
Positive
Nov 25, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, totaling 160,935 shares, through transactions facilitated by HSBC Bank plc. This move, in line with the company’s strategic instructions from March 2025, aims to enhance shareholder value by cancelling the repurchased shares, thereby potentially increasing the value of remaining shares.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Buyback from HSBC
Positive
Nov 24, 2025

Smiths Group plc 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 the company’s strategy to manage its capital structure effectively and may positively impact shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Capital Structure with Share Repurchase
Positive
Nov 21, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic focus on enhancing shareholder value and optimizing its capital structure. This move reflects Smiths Group’s commitment to efficient capital management and could positively impact its market positioning by demonstrating financial stability and shareholder confidence.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value Through Share Repurchase
Positive
Nov 20, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move that aligns with its strategy to enhance shareholder value. The purchased shares will be cancelled, indicating a focus on optimizing capital structure and potentially increasing earnings per share. This transaction reflects Smiths Group’s commitment to maintaining a strong financial position and could positively impact its market perception and stakeholder confidence.

Executive/Board ChangesShareholder Meetings
Smiths Group plc AGM Resolutions Passed
Positive
Nov 19, 2025

Smiths Group plc announced the successful passing of all resolutions at its Annual General Meeting held on November 19, 2025. Key resolutions included the approval of the directors’ remuneration report, election and re-election of board members, and the re-appointment of KPMG LLP as auditors. These decisions reflect shareholder confidence and are expected to support the company’s strategic goals in its core markets, potentially impacting its operational efficiency and market positioning positively.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Smiths Group Reports Steady Q1 Growth and Announces £1bn Buyback
Positive
Nov 19, 2025

Smiths Group plc announced its Q1 FY2026 trading update, reporting a 3.5% organic revenue growth in line with expectations, and reaffirmed its full-year guidance. The company also launched a new £1bn share buyback program following the sale of Smiths Interconnect for £1.3bn, demonstrating its commitment to shareholder returns and strategic capital allocation. The performance reflects the company’s focus on high performance and operational improvements, with strong demand in its key markets, particularly in aerospace and detection technologies.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Repurchase
Positive
Nov 18, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a previously issued instruction. The company intends to cancel these shares, which aligns with its strategic focus on enhancing shareholder value. This move is expected to impact the company’s market positioning by potentially increasing the value of remaining shares, thereby benefiting stakeholders.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Program
Positive
Nov 17, 2025

Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange. This transaction, part of a previously announced plan, involves the purchase of 74,000 shares at an average price of around 2,480 GBp per share. The company plans to cancel these shares, which is a strategic move to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Repurchase
Positive
Nov 14, 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 strategy to manage its capital structure effectively. This move is part of Smiths Group’s ongoing efforts to enhance shareholder value and maintain a focused operational approach in its core industrial markets.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Capital Structure with Share Repurchase
Positive
Nov 13, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a previously issued instruction from March 2025. The shares will be canceled, aligning with the company’s strategy to optimize its capital structure. This move is expected to enhance shareholder value and reflects Smiths Group’s commitment to efficient capital management.

Private Placements and FinancingBusiness Operations and Strategy
Smiths Group Announces EUR 650 Million Bond Issuance
Positive
Nov 12, 2025

Smiths Group plc announced the final terms for issuing EUR 650 million in notes due in 2033, under its Euro Medium Term Note Programme. This bond issuance is part of Smiths Group’s strategy to strengthen its financial position and support its operations in the growing markets of energy, industrials, and construction.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Nov 12, 2025

Smiths Group plc has repurchased a significant number of its ordinary shares on the London Stock Exchange, in line with its strategic instructions issued earlier this year. The repurchased shares will be canceled, a move that could potentially enhance shareholder value and reflect the company’s commitment to efficient capital management.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Nov 11, 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. This move is part of Smiths Group’s broader efforts to maintain a focused and efficient operational model, which may positively impact its market positioning and stakeholder interests.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value Through Share Repurchase
Positive
Nov 10, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a strategy to enhance shareholder value. The shares, purchased from HSBC Bank plc, will be cancelled, reflecting the company’s commitment to efficient capital management and potentially impacting its stock value positively.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Nov 7, 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, aligning with its strategy to enhance shareholder value and maintain a focused operational approach. This move is expected to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating a commitment to efficient capital management.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 6, 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, which was initially instructed in March 2025, involves the cancellation of the purchased shares, aligning with the company’s strategic focus on enhancing shareholder value. The buyback reflects Smiths Group’s commitment to efficient capital management and could potentially impact its market positioning by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 5, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The transaction, which was initially instructed in March 2025, involved the purchase of shares across multiple venues with plans for cancellation. This move aligns with the company’s strategic focus on enhancing shareholder value and maintaining a strong market position.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value through Share Repurchase
Positive
Nov 4, 2025

Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a strategic move to enhance shareholder value. The shares, purchased from HSBC Bank plc, will be canceled, aligning with the company’s focus on efficient capital management and strengthening its market position.

Stock Buyback
Smiths Group Executes Share Buyback Plan
Positive
Nov 3, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a previously declared plan. The shares, purchased from HSBC Bank plc, will be cancelled, which is expected to impact the company’s share capital structure and potentially enhance shareholder value.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Announces Total Voting Rights and Capital Update
Neutral
Nov 3, 2025

Smiths Group plc announced its total voting rights and capital as of October 31, 2025, with 325,859,303 ordinary shares, each granting one vote. This figure is crucial for shareholders and other parties for disclosure obligations under FCA rules, although it excludes shares from a recent buyback program pending settlement and cancellation.

Other
Smiths Group plc Announces Director Share Acquisitions
Neutral
Nov 3, 2025

Smiths Group plc announced transactions involving the quarterly acquisition of ordinary shares by non-executive directors Karin Hoeing and Richard Howes. These transactions, conducted on the London Stock Exchange, reflect a structured approach to share acquisition using a fixed proportion of after-tax fees, indicating a continued commitment to aligning management interests with shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Oct 31, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc. The transaction, which involved the acquisition of a total of 75,067 shares at varying prices, is part of a strategy to manage its capital structure effectively. The purchased shares will be cancelled, aligning with regulatory requirements and potentially impacting the company’s stock value and shareholder returns.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value with Share Buyback
Positive
Oct 31, 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, reflecting the company’s strategic focus on efficient capital management. This move is aligned with Smiths Group’s broader strategy to enhance shareholder value and maintain its competitive positioning in the industrial engineering sector.

Private Placements and FinancingBusiness Operations and Strategy
Smiths Group Enhances Financial Flexibility with Prospectus Supplement
Positive
Oct 31, 2025

Smiths Group PLC has announced the publication of a supplement to its base prospectus, approved by the UK Financial Conduct Authority, for its EUR 2.5 billion Euro Medium Term Note Programme. This development signifies a strategic move to enhance its financial flexibility and support its operations in the growing market segments it serves, potentially impacting stakeholders by reinforcing the company’s market positioning.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback and Cancellation
Positive
Oct 30, 2025

Smiths Group plc 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 strategy to manage its share capital and potentially enhance shareholder value, reflecting the company’s ongoing efforts to streamline operations and focus on its core market segments.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 29, 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 purchased shares will be canceled, aligning with the company’s strategy to manage its capital structure effectively. This move is expected to impact the company’s share value and market perception positively by demonstrating financial strength and commitment to shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase on London Stock Exchange
Neutral
Oct 28, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This move is part of the company’s strategy to manage its share capital efficiently, with the purchased shares set to be cancelled. Such transactions can impact the company’s stock value and shareholder equity, reflecting Smiths Group’s commitment to delivering value to its stakeholders.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase on London Stock Exchange
Neutral
Oct 27, 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 shares at varying prices, aligns with the company’s strategic focus on enhancing shareholder value. The acquired shares will be cancelled, which may impact the company’s share capital and market positioning.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Oct 24, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously announced plan. The repurchased shares will be canceled, aligning with regulatory requirements, and this move reflects the company’s strategic efforts to manage its capital structure effectively.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Oct 23, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc. The company plans to cancel these shares, a move that could impact its stock value and shareholder equity. This transaction is part of a broader strategy to manage its capital structure effectively.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback from HSBC
Positive
Oct 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 will be canceled, which may impact the company’s share value and market positioning. This move aligns with the company’s strategic financial management, potentially benefiting shareholders by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Smiths Group Executes Share Buyback on London Stock Exchange
Neutral
Oct 17, 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 as part of the company’s strategic financial management. This move is aligned with regulatory compliance and reflects Smiths Group’s commitment to optimizing its capital structure, potentially impacting shareholder value and market perception.

M&A TransactionsBusiness Operations and Strategy
Smiths Group Sells Smiths Interconnect to Molex for £1.3 Billion
Positive
Oct 17, 2025

Smiths Group plc has announced the sale of its Smiths Interconnect division to Molex Electronic Technologies Holdings, LLC for £1.3 billion, aligning with its strategy to streamline operations and enhance shareholder returns. This transaction is part of Smiths’ broader strategic plan to focus on becoming a high-performing industrial engineering company, with proceeds from the sale expected to be returned to shareholders and updates on the use of funds to be provided in the upcoming trading statement.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 16, 2025

Smiths Group plc announced the repurchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, totaling 75,176, were bought at varying prices and will be canceled, aligning with the company’s strategic financial management and regulatory compliance. This move reflects Smiths Group’s commitment to optimizing shareholder value and maintaining robust financial health.

Executive/Board ChangesBusiness Operations and Strategy
Smiths Group Directors Adjust Shareholdings Post-Incentive Plan Vesting
Neutral
Oct 14, 2025

Smiths Group plc announced that its directors sold shares to cover tax liabilities following the vesting of the FY23 Long Term Incentive Plan. The shares were sold on the London Stock Exchange, with Roland Carter and Julian Fagge selling a portion of their vested shares. Additionally, both directors received new conditional share awards under the same incentive plan. This transaction aligns with the company’s remuneration policy and reflects ongoing efforts to align executive interests with shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Positive
Oct 10, 2025

Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with plans to cancel the acquired shares. This move is part of Smiths Group’s strategic financial management, potentially impacting its share value and signaling confidence in its market position.

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

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The shares, purchased at varying prices on 9 October 2025, will be cancelled as part of the company’s strategic financial management. This move is likely aimed at consolidating shareholder value and optimizing capital structure, reflecting Smiths Group’s commitment to enhancing shareholder returns.

Shareholder MeetingsFinancial DisclosuresRegulatory Filings and Compliance
Smiths Group Releases Annual Financial Report and AGM Notice for 2025
Neutral
Oct 9, 2025

Smiths Group plc has released its Annual Financial Report for the fiscal year ending July 31, 2025, along with the Notice of its Annual General Meeting (AGM) and Proxy Form. These documents are available on the company’s website and the National Storage Mechanism, ensuring transparency and compliance with regulatory requirements. This release underscores Smiths Group’s commitment to maintaining clear communication with its stakeholders and adhering to disclosure guidelines.

Executive/Board ChangesRegulatory Filings and Compliance
Smiths Group plc Grants Conditional Share Awards to Directors
Neutral
Oct 2, 2025

Smiths Group plc announced the granting of conditional share awards to its directors under the Smiths Group plc Deferred Bonus Plan. CEO Roland Carter received 27,316 shares, while CFO Julian Fagge was awarded 6,933 shares. This move aligns with the company’s Directors Remuneration Policy and is in compliance with the UK Market Abuse Regulation, reflecting the company’s commitment to transparent and regulated executive compensation practices.

Regulatory Filings and Compliance
Smiths Group Updates on Voting Rights and Share Capital
Neutral
Oct 1, 2025

Smiths Group plc announced that as of 30 September 2025, its issued share capital consisted of 326,534,303 Ordinary shares, each carrying one vote. This total number of voting rights is crucial for shareholders and other parties to determine their disclosure obligations under the FCA’s rules. This update reflects the company’s commitment to transparency and regulatory compliance, potentially impacting shareholder engagement and market perception.

Stock Buyback
Smiths Group Executes Share Buyback Program
Positive
Sep 23, 2025

Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a buyback program initiated earlier in the year. The company plans to cancel the purchased shares, a move that could potentially enhance shareholder value by reducing the number of shares outstanding.

Business Operations and StrategyFinancial Disclosures
Smiths Group Reports Robust FY2025 Results, Exceeds Growth Guidance
Positive
Sep 23, 2025

Smiths Group plc reported strong financial results for the fiscal year ending July 31, 2025, with organic revenue growth of 8.9% and a significant improvement in operating profit margin to 17.4%. The company exceeded its growth guidance despite macroeconomic uncertainties and a challenging US construction market. Strategic initiatives, including the separation of Smiths Interconnect and accretive acquisitions, are progressing well, positioning Smiths as a high-performance industrial engineering business. The company remains confident in its outlook for FY2026, expecting continued revenue growth and margin expansion.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Repurchase and Cancellation
Positive
Sep 22, 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 company plans to cancel the purchased shares, which aligns with its strategic financial management objectives. This move may impact the company’s share value and reflects its commitment to optimizing shareholder returns.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Sep 19, 2025

Smiths Group announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares will be canceled, aligning with the company’s strategic financial management. This move reflects Smiths Group’s commitment to optimizing shareholder value and maintaining a strong market position.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Announces Share Repurchase and Cancellation
Neutral
Sep 18, 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 various prices, will be canceled, aligning with regulatory compliance. This move may impact the company’s share value and market positioning by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Shareholder Value
Positive
Sep 17, 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 purchased shares will be canceled, aligning with regulatory compliance, and this move is part of Smiths Group’s broader strategy to manage its capital structure and enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback to Enhance Capital Strategy
Positive
Sep 16, 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, totaling 74,000, were bought at varying prices and will be canceled, aligning with regulatory compliance. This move is part of Smiths Group’s strategy to manage its capital structure, potentially enhancing shareholder value and market confidence.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Sep 15, 2025

Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as per instructions issued earlier in March 2025. The company plans to cancel these shares, which is part of their strategy to manage share capital and potentially enhance shareholder value.

Stock Buyback
Smiths Group Executes Share Buyback from HSBC
Neutral
Sep 12, 2025

Smiths Group announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction from March 2025. The purchased shares will be canceled, aligning with regulatory requirements, and this move may impact the company’s share value and market positioning.

Stock BuybackRegulatory Filings and Compliance
Smiths Group Executes Share Buyback from HSBC
Neutral
Sep 11, 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 purchased shares will be canceled, aligning with regulatory compliance, and this move may impact the company’s share value and market positioning.

Stock BuybackBusiness Operations and Strategy
Smiths Group Executes Share Buyback Strategy
Neutral
Sep 10, 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 purchased shares, totaling 74,395, will be canceled, aligning with the company’s strategic financial management and potentially impacting shareholder value.

Stock BuybackBusiness Operations and Strategy
Smiths Group Enhances Shareholder Value Through Share Buyback
Positive
Sep 9, 2025

Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic financial management. This transaction reflects Smiths Group’s commitment to optimizing shareholder value and maintaining a robust financial position.

Stock BuybackBusiness Operations and Strategy
Smiths Group Announces Share Buyback and Cancellation
Positive
Sep 8, 2025

Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, with transactions carried out by HSBC Bank plc. The shares, bought at various prices, will be canceled as part of the company’s strategy to manage its share capital. This move is expected to impact the company’s stock valuation and shareholder value positively.

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