Hunting (LON:HTG) to Repurchase $40.00 million in Shares

Hunting (LON:HTG) announced that its board has authorized a stock buyback program on Thursday, March 5th, RTT News reports. The company plans to buyback $40.00 million in shares. This buyback authorization permits the company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

HTG has been the topic of several recent analyst reports. Berenberg Bank boosted their target price on shares of Hunting from GBX 450 to GBX 580 and gave the company a “buy” rating in a report on Thursday. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 600 price objective on shares of Hunting in a research report on Thursday. Finally, 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 research report on Tuesday, January 20th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 536.

Hunting Trading Down 1.3%

LON:HTG opened at GBX 504.22 on Friday. Hunting has a 12 month low of GBX 245 and a 12 month high of GBX 553. The company has a current ratio of 2.79, a quick ratio of 2.08 and a debt-to-equity ratio of 14.98. The stock has a market capitalization of £749.19 million, a price-to-earnings ratio of -23.78, a PEG ratio of 1.06 and a beta of 0.74. The firm has a fifty day simple moving average of GBX 449.21 and a two-hundred day simple moving average of GBX 382.11.

More Hunting News

Here are the key news stories impacting Hunting this week:

• Positive Sentiment: FY2025 results showed underlying improvement: EBITDA rose ~7% to $135.7m and EBITDA margin widened ~1ppt; management also reiterated a focus on shareholder returns and accelerating the Hunting 2030 strategy. Results for the Year Ended 31 December 2025
• Positive Sentiment: Company announced a targeted cost‑reduction plan and updated capital allocation that includes a $40m share-buyback to 2028 — a clear signal of prioritising returns and EPS support. Targets Further Cost Cuts and $40m Share Buyback to 2028
• Positive Sentiment: Management cancelled recently repurchased shares (reducing share count) and updated voting rights — a buyback/cancellation that should be accretive to remaining shareholders. Cancels Newly Repurchased Shares
• Positive Sentiment: Broker support increased — Berenberg raised its price target from GBX 450 to GBX 580 and Canaccord reiterated a Buy with a GBX 600 target, which can underpin sentiment and liquidity. Broker Ratings
• Neutral Sentiment: Management maintained 2026 guidance despite a decline in the order book — guidance support is constructive, but the weaker backlog raises execution risk for near‑term revenue. Maintains 2026 Guidance Despite Order Book Decline
• Neutral Sentiment: Market previews and analyst commentary are focused on Q4 results and order trends — investors should watch Q4/2026 guidance details and order intake updates for direction. Q4 2025 Earnings Report Preview
• Negative Sentiment: Order book decline is a direct negative data point that could pressure near‑term revenue visibility and investor confidence if the slowdown persists. Order Book Decline Coverage
• Negative Sentiment: Technical commentary flagged a move above the 200‑day moving average (some outlets framed that as a potential “time to sell” signal), which can trigger profit‑taking and short‑term volatility. Technical: Above 200‑Day MA

Insider Activity

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

Hunting Company Profile

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.