Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

1,724.00p
   
  • Change Today:
      28.00p
  • 52 Week High: 1,824.00
  • 52 Week Low: 1,522.00
  • Currency: UK Pounds
  • Shares Issued: 344.12m
  • Volume: 794,191
  • Market Cap: £5,933m
  • RiskGrade: 127
  • Beta: 1.16

Smiths Group sells £70m of ICU Medical shares

By Benjamin Chiou

Date: Friday 01 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Engineering firm Smiths Group has sold a third of its stake in US-listed IV therapy specialist ICU Medical for £70m.
Smiths, which sold the Smiths Medical division to ICU back in January 2022 for $2.7bn, received $500m-worth of ICU shares as part of the deal. However, the Nasdaq stock has dropped more than 50% since the disposal.

On Friday, the company said it had offloaded 830,000 ICU shares, representing a 3.44% of shareholding and 33% of its own stake.

Smiths said the sale raised $88m which will be used for "general corporate purposes" and will leave the company with a remaining 6.92% stake.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Smiths Group Market Data

Currency UK Pounds
Share Price 1,724.00p
Change Today 28.00p
% Change 1.65 %
52 Week High 1,824.00
52 Week Low 1,522.00
Volume 794,191
Shares Issued 344.12m
Market Cap £5,933m
Beta 1.16
RiskGrade 127

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.16% below the market average90.16% below the market average90.16% below the market average90.16% below the market average90.16% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Price Trend
31.69% above the market average31.69% above the market average31.69% above the market average31.69% above the market average31.69% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Income
37.13% below the market average37.13% below the market average37.13% below the market average37.13% below the market average37.13% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
39.16% above the market average39.16% above the market average39.16% above the market average39.16% above the market average39.16% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 7
Neutral 2
Sell 1
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Smiths Group Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Oct-24 04-Apr-24
Paid 22-Nov-24 13-May-24
Amount 30.20p 13.55p

Trades for 21-Nov-2024

Time Volume / Share Price
16:47 146,108 @ 1,706.67p
16:47 15,733 @ 1,723.71p
16:35 9,089 @ 1,724.00p
16:29 106 @ 1,722.35p
16:28 446 @ 1,723.00p

Smiths Group Key Personnel

CFO Clare Scherrer

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