Hunting (LON:HTG) Sets New 12-Month High Following Analyst Upgrade

Hunting PLC (LON:HTG) shares reached a new 52-week high on Thursday after Berenberg Bank raised their price target on the stock from GBX 450 to GBX 580. Berenberg Bank currently has a buy rating on the stock. Hunting traded as high as GBX 553 and last traded at GBX 546, with a volume of 203371 shares traded. The stock had previously closed at GBX 511.

HTG has been the subject of several other reports. Royal Bank Of Canada upped their target price on Hunting from GBX 440 to GBX 500 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Canaccord Genuity Group cut their price objective on Hunting to GBX 600 and set a “buy” rating on the stock in a report on Thursday, January 29th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 536.

Insider Activity at Hunting

In related news, insider Margaret Amos purchased 5,136 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was acquired at an average cost of GBX 387 per share, for a total transaction of £19,876.32. Also, insider Stuart Brightman acquired 20,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average cost of GBX 388 per share, for a total transaction of £77,600. Company insiders own 3.36% of the company’s stock.

Key Hunting News

Here are the key news stories impacting Hunting this week:

• Positive Sentiment: Board-approved $40m share repurchase program allowing purchases of up to ~5.3% of shares — signals management thinks the stock is undervalued and supports EPS/ROE. Article Link
• Positive Sentiment: Company cancelled recently repurchased shares and updated voting rights, effectively reducing outstanding shares and increasing per-share metrics for remaining shareholders. Article Link
• Positive Sentiment: Broker support strengthened: Canaccord reaffirmed a “buy” with a GBX 600 target and Berenberg raised its target from GBX 450 to GBX 580 — analyst upgrades/targets can attract buyers and validate management actions. Article Link
• Positive Sentiment: Management reports a 7% rise in EBITDA to $135.7m, is accelerating its Hunting 2030 cost-reduction plan, and prioritising capital allocation (including the buyback and further cost cuts) — fundamentals improvement and clearer shareholder-return focus. Article Link
• Neutral Sentiment: Hunting maintained 2026 guidance despite a decline in the order book — guidance stability is reassuring, but the weaker book is a caution for future revenue visibility. Article Link
• Neutral Sentiment: Full-year results for the year ended 31 Dec 2025 were published (see release for detail) — investors will parse margins, cash flow and order trends for guidance confirmation. Article Link
• Neutral Sentiment: Market previews and analyst notes on Q4/2025 results aim to set expectations ahead of detailed earnings commentary. Article Link
• Negative Sentiment: A technical note flagged that HTG has moved above its 200-day moving average, prompting commentary about whether it’s time to sell — such technical debates can create short-term volatility. Article Link

Hunting Price Performance

The company has a quick ratio of 2.08, a current ratio of 2.97 and a debt-to-equity ratio of 13.38. The stock’s 50 day moving average price is GBX 452.16 and its two-hundred day moving average price is GBX 383.57. The firm has a market capitalization of £756.29 million, a price-to-earnings ratio of -24.01, a P/E/G ratio of 1.06 and a beta of 0.74.

Hunting declared that its Board of Directors has approved a share repurchase plan on Thursday, March 5th that permits the company to repurchase $40.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 5.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

About Hunting

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.