The Weir Group PLC (WEIR) To Go Ex-Dividend on October 3rd

The Weir Group PLC (LON:WEIR) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be given a dividend of GBX 17.90 ($0.24) per share on Friday, November 1st. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be seen at this link.

The Weir Group Stock Down 0.3 %

Shares of WEIR stock opened at GBX 2,160 ($28.89) on Tuesday. The stock has a market cap of £5.61 billion, a P/E ratio of 2,555.29, a PEG ratio of 2.59 and a beta of 1.41. The company’s fifty day simple moving average is GBX 1,979.11 and its two-hundred day simple moving average is GBX 2,016.87. The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 79.85. The Weir Group has a 52 week low of GBX 1,652.50 ($22.10) and a 52 week high of GBX 2,224 ($29.75).

Insider Activity

In other The Weir Group news, insider Nick Anderson acquired 3,100 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were bought at an average price of GBX 1,959 ($26.20) per share, with a total value of £60,729 ($81,231.94). Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WEIR. Shore Capital reissued a “buy” rating on shares of The Weir Group in a report on Tuesday, August 20th. Berenberg Bank decreased their price target on The Weir Group from GBX 2,600 ($34.78) to GBX 2,450 ($32.77) and set a “buy” rating on the stock in a report on Tuesday, August 6th. Finally, Royal Bank of Canada lifted their price objective on shares of The Weir Group from GBX 2,475 ($33.11) to GBX 2,500 ($33.44) and gave the stock an “outperform” rating in a research note on Wednesday, July 31st.

About The Weir Group

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.