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Weir Group plc (The)
(LSE:WEIR)
Weir Group plc (The) (WEIR) vs. iShares MSCI United Kingdom ETF (EWC)
Weir Group plc (The) Business Overview & Revenue Model
Weir Group plc (The) Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.51B | 2.64B | 2.47B | 1.93B | 1.96B |
| Gross Profit | 1.02B | 994.90M | 909.70M | 692.10M | 687.10M |
| EBITDA | 519.00M | 489.50M | 420.70M | 362.80M | 334.50M |
| Net Income | 312.20M | 227.90M | 213.40M | 153.30M | -154.70M |
Balance Sheet | |||||
| Total Assets | 3.79B | 3.89B | 4.06B | 3.50B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 556.40M | 707.20M | 691.20M | 564.40M | 351.70M |
| Total Debt | 1.09B | 1.40B | 1.49B | 1.34B | 1.36B |
| Total Liabilities | 1.93B | 2.19B | 2.32B | 2.04B | 2.24B |
| Stockholders Equity | 1.84B | 1.69B | 1.73B | 1.44B | 1.30B |
Cash Flow | |||||
| Free Cash Flow | 377.40M | 307.60M | 215.50M | 61.00M | 152.30M |
| Operating Cash Flow | 449.90M | 394.30M | 278.20M | 113.80M | 224.00M |
| Investing Cash Flow | -52.80M | -70.60M | -75.60M | 191.90M | -69.00M |
| Financing Cash Flow | -301.90M | -322.50M | -253.90M | -171.70M | -37.80M |
Weir Group plc (The) Technical Analysis
Weir Group plc (The) Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | £7.36B | 25.05 | 13.99% | 1.28% | 6.10% | 33.05% | |
76 Outperform | £5.18B | 21.83 | 23.50% | 1.48% | 0.64% | 4.92% | |
74 Outperform | £6.36B | 20.38 | 17.83% | 1.32% | -4.95% | 36.95% | |
74 Outperform | £4.55B | 23.80 | 16.16% | 2.84% | -1.03% | 4.06% | |
71 Outperform | £2.69B | 26.51 | 17.03% | 2.28% | 4.91% | -7.75% | |
65 Neutral | $10.69B | 15.75 | 5.51% | 1.90% | 2.72% | -26.43% | |
56 Neutral | £6.76B | ― | -1.53% | 1.51% | 3.52% | -24.01% |
Weir Group plc (The) Corporate Events
Weir Group PLC has announced its acquisition of Townley Engineering and Manufacturing Co., Inc. and Townley Foundry & Machine Co., Inc. for £111 million. This strategic move aims to bolster Weir’s manufacturing capabilities and market presence in North America, particularly in the phosphate sector, which is vital for global food security. The acquisition is expected to enhance Weir’s geographic footprint and operational efficiency, aligning with customer needs and supporting population growth through improved fertilizer production. The transaction, anticipated to complete in Q3 2025, will be integrated into Weir’s North American Minerals division and is projected to be earnings accretive in the first full year.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC has announced a change in its external auditor following a competitive tender process. The company’s Audit Committee recommended, and the Board endorsed, the appointment of EY LLP as the new external auditor starting from the year ending December 2026, subject to shareholder approval at the 2026 AGM. PWC LLP, the current auditor, will continue in their role until the conclusion of the 2026 AGM. This change reflects Weir’s commitment to maintaining robust financial oversight and could impact its financial reporting processes.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC announced a transaction involving the transfer of 44,533 ordinary shares by Jon Stanton, the Chief Executive Officer, to a nominee account held jointly with his wife, Rachel Stanton. This transfer, conducted at nil consideration, does not alter the aggregate shareholding of Jon Stanton and his closely associated persons. The transaction, compliant with the UK Market Abuse Regulation, signifies internal adjustments rather than any strategic shift, thus maintaining stability in the company’s shareholding structure.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
Weir Group PLC has secured a £40 million contract from Codelco, the world’s largest copper producer, to supply sustainable tailings transport solutions for the Talabre tailings dam expansion in Chile. This project, which will utilize Weir’s GEHO and WARMAN pumps, is expected to enhance the safety and efficiency of tailings management while aligning with Codelco’s sustainability goals. The contract marks the largest order for Weir’s GEHO pumps, highlighting the company’s strong market position and expertise in energy-efficient solutions for large-scale mining operations.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC announced that several key executives, including the CEO, CFO, and Division Presidents, have acquired ordinary shares in the company through a dividend reinvestment plan. This transaction, conducted on the London Stock Exchange, reflects a strategic move by the company’s leadership to increase their stake in the company, potentially signaling confidence in the company’s future performance and aligning their interests with those of shareholders.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC announced a transaction involving its CEO, Jon Stanton, who transferred 3,000 ordinary shares to a new nominee account provider without changing the beneficial ownership. This move, compliant with the UK Market Abuse Regulation, does not impact the company’s operations or stakeholder interests as the shareholding remains unchanged.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC announced a transaction involving Rachel Stanton, a person closely associated with Jon Stanton, a person discharging managerial responsibilities. Rachel Stanton transferred 117,945 ordinary shares to a new nominee account provider for nil consideration, with no change in beneficial ownership. This transaction, notified under the UK Market Abuse Regulation, does not impact the company’s operations or market positioning, but it ensures compliance with regulatory requirements.
The most recent analyst rating on (GB:WEIR) stock is a Buy with a £2570.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.
The Weir Group PLC has announced a strategic investment and global collaboration with CiDRA Minerals Processing Inc., aiming to accelerate the commercialization of CiDRA’s innovative P29 technology for mineral separation. This partnership is expected to enhance productivity and sustainability in mining operations by developing transformative flowsheet solutions that address challenges such as reduced head grades and water restrictions. The collaboration combines CiDRA’s technological innovation with Weir’s global reach and customer-centric approach, potentially reshaping mineral processing by reducing energy and environmental impacts per tonne of metal produced.
The Weir Group PLC announced a transaction involving Jon Stanton, the Chief Executive Officer, who transferred 27,884 ordinary shares from his existing nominee account provider to a new one without any change in beneficial ownership. This transaction, compliant with the UK Market Abuse Regulation, does not impact the overall shareholding structure and is part of routine administrative adjustments, reflecting stability in the company’s leadership and operations.
Weir Group PLC has completed its acquisition of Micromine, a global leader in mining software solutions, for £624 million. This acquisition is expected to enhance Weir’s digital capabilities, allowing it to create a comprehensive digital platform for optimizing mining operations. The integration of Micromine with Weir’s existing technologies aims to provide sector-leading solutions, potentially increasing Weir’s operating margins by 25 basis points in 2025. The acquisition will incur one-off integration costs, and interest expenses are expected to rise by £25 million due to the transaction funding.
The Weir Group PLC has announced a change in its Nomination Committee, with Andy Agg joining and Ben Magara stepping down as of April 24, 2025. This adjustment in the board committee is part of the company’s ongoing governance and strategic alignment efforts, potentially impacting its decision-making processes and stakeholder relations.
The Weir Group PLC, a prominent player in the engineering sector, held its Annual General Meeting on April 24, 2025, where all proposed resolutions were successfully passed. The meeting saw significant shareholder engagement, with special resolutions receiving strong support, reflecting confidence in the company’s strategic direction. This outcome underscores the company’s stable governance and shareholder alignment, potentially strengthening its position in the industry.
The Weir Group PLC reported strong demand in the first quarter of 2025, driven by high levels of mining activity and a robust order pipeline. The company saw a 5% increase in Group OE orders and a 9% rise in Minerals aftermarket orders, reflecting positive momentum in brownfield and sustainability projects. The acquisition of Micromine is on track to close soon, which is expected to enhance Weir’s digital technology offerings in the mining industry. The company reiterated its full-year guidance, expecting growth in constant currency revenue, operating profit, and operating margin, along with strong cash conversion rates. Weir is also actively managing potential impacts from global trade tariffs by adjusting its supply chain and pricing strategies.
The Weir Group PLC has issued a correction to a previous announcement regarding transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them. The correction involves the addition of the year of grant for awards in the PDMR’s tables, with all other transaction details remaining unchanged. This amendment clarifies the vesting and sale of shares under the Weir Group Share Reward Plan, impacting key executives including the CEO and division presidents, and highlights the company’s commitment to transparency in its financial disclosures.
The Weir Group PLC announced the vesting and release of restricted share awards under its Share Reward Plan, initially granted in 2022, to several persons discharging managerial responsibilities (PDMRs). These shares, along with additional dividend equivalent shares, were partially sold to cover tax liabilities, with the remaining shares subject to a two-year retention period. This transaction highlights the company’s commitment to rewarding its leadership while ensuring compliance with tax obligations, potentially impacting its managerial stability and shareholder relations.
The Weir Group PLC announced that deferred bonus awards over ordinary shares, granted in 2022 under the company’s Share Reward Plan, vested and were released to key managerial personnel on April 11, 2025. These shares, including additional shares from dividend equivalent payments, were partially sold to cover tax liabilities, reflecting a strategic move to manage executive compensation and tax obligations effectively.
The Weir Group PLC announced the vesting and release of the final tranche of restricted share awards made in 2022 under its Share Reward Plan. These shares were awarded to Sean Fitzgerald, a Division President, and included additional shares for dividend equivalent payments. A portion of the shares was sold to cover tax liabilities, reflecting the company’s adherence to regulatory requirements and its commitment to rewarding managerial responsibilities. This transaction highlights the company’s structured approach to executive compensation and its impact on shareholder value.
The Weir Group PLC announced the grant of restricted share awards to several key executives under its Share Reward Plan. These awards, which include shares for the CEO and other top managers, are set to vest in 2028 and require a two-year retention period post-vesting. This move is part of the company’s strategy to align management incentives with long-term shareholder value, potentially strengthening its leadership stability and market position.
The Weir Group PLC announced the granting of deferred bonus awards to several key executives under its Share Reward Plan. These awards, which are not subject to performance conditions, will vest on April 10, 2028, and are part of the company’s strategy to retain top talent and align management interests with long-term shareholder value.
The Weir Group PLC announced the vesting and release of the fourth tranches of restricted share awards made in 2020 under the Weir Group Share Reward Plan. These shares, which include dividend equivalent payments, were distributed to several key managerial personnel. A portion of the shares was sold to cover tax liabilities, with the remaining shares subject to a two-year retention period. This transaction highlights the company’s commitment to rewarding its leadership while ensuring compliance with tax obligations, potentially impacting the company’s internal management incentives and shareholder value.
The Weir Group PLC announced the vesting of the second tranches of restricted share awards under its Share Reward Plan, initially granted in 2021. These shares, including dividend equivalent payments, were released to several key executives, with a portion sold to cover tax liabilities. The remaining shares are subject to a two-year retention period, reflecting the company’s commitment to aligning management incentives with shareholder interests and maintaining a stable leadership team.