Smiths Group PLC Sponsored ADR (SMGZY)
Smiths Group fully valued, says broker
Citigroup has downgraded Smiths Group (LSE:SMIN) to 'neutral' after a post-results rally lifted the shares to a record high, arguing the engineer's recent progress is now fully reflected in its valuation. The Wall Street bank moved off a more positive stance, keeping its price target at £30, following a jump in the stock on the back of Smiths Group (LSE:SMIN)'s latest results.
Smiths Group plc (SMGZY) Q4 2026 Earnings Call Transcript
Smiths Group plc (SMGZY) Q4 2026 Earnings Call Transcript
Smiths Group H2 Earnings Call Highlights
Smiths Group LON: SMIN reported organic revenue growth and margin expansion for fiscal 2026 while completing a major portfolio reshaping that left the company focused on its John Crane and Flex-Tek businesses.
Smiths Group tipped for upside thanks to cash boost
Panmure Liberum sees around 20% upside in Smiths Group (LSE:SMIN) after the engineering group completed the £2bn sale of Smiths Detection and lined up a fresh £1.5bn buyback. The stockbroker repeated a Buy rating and 3,070p target price (current price: 2,560p), with the pitch being that the streamlined continuing business remains undervalued.
Smiths Group Q3 Earnings Call Highlights
Smiths Group LON: SMIN lowered its full-year organic revenue growth outlook after Middle East-related disruption weighed on its John Crane business in the third quarter, Chief Financial Officer Julian Fagge said on the company's Q3 2026 trading update call.
Smiths Group plc (SMGZY) Discusses Strategic Portfolio Repositioning and Performance Update in Industrial Engineering Transcript
Smiths Group plc (SMGZY) Discusses Strategic Portfolio Repositioning and Performance Update in Industrial Engineering Transcript
Citi stands by Smiths Group 'buy' after CEO breakfast meeting
Citi has reiterated its buy rating on Smiths Group (LSE:SMIN) following a sell-side breakfast with the engineering company's chief executive and chief financial officer, arguing the market's reaction to last week's earnings was overdone. The bank said the outlook for second-half earnings is considerably more robust than the post-results share price decline implied, and that concerns about the impact of Middle East conflict on the group's John Crane division, which makes components for oil and gas facilities, are unlikely to translate into net negative consequences.
Smiths Group is still a 'buy' at Panmure, though shares set to end week softly
Panmure Gordon kept its 'Buy' rating and 3,110p target price on Smiths Group (LSE:SMIN) after the engineering company paired a mixed first-half result with plans to return a further £1.5 billion to shareholders, a sum the broker said amounts to roughly 30% of its market value over the next 18 months. News of the shareholder payout couldn't cheer investors, however, as the share fell around 9% in Friday's trade.
Smiths Group plc (SMGZY) Q2 2026 Earnings Call Transcript
Smiths Group plc (SMGZY) Q2 2026 Earnings Call Transcript
Smiths Group shares drop 6% despite strategic moves and capital returns
Shares in Smiths Group (LSE:SMIN) fell 5.9% to 2,222p on Friday after the company reported mixed half-year results and slightly trimmed full-year guidance. The company reported organic revenue growth of 4% for the six months ended 31 January 2026, with headline operating profit up 7.2% to £248 million and margins improving by 50 basis points to 17.2%.
Smiths Group to Return Extra $2 Billion to Shareholders
The engineering company said it would return some of the cash from its sale of Smiths Detection via a tender offer or special dividend.
Smiths Group to Sell Screening Technology Unit to CVC Capital Partners For $2.6 Billion
The U.K. engineering company said that the completion is expected in the second half of 2026.
