Hunting (LON:HTG) Board of Directors Approves Stock Buyback Plan

Hunting (LON:HTG) announced that its Board of Directors has initiated a stock repurchase plan on Thursday, March 5th, RTT News reports. The company plans to buyback $40.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Hunting Stock Down 1.3%

LON HTG traded down GBX 6.78 during trading on Thursday, reaching GBX 504.22. 1,107,325 shares of the company’s stock were exchanged, compared to its average volume of 1,841,849. The company has a 50 day moving average price of GBX 449.21 and a two-hundred day moving average price of GBX 382.11. The stock has a market cap of £749.19 million, a P/E ratio of -23.78, a price-to-earnings-growth ratio of 1.06 and a beta of 0.74. Hunting has a 1 year low of GBX 245 and a 1 year high of GBX 553. The company has a debt-to-equity ratio of 14.98, a quick ratio of 2.08 and a current ratio of 2.79.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Berenberg Bank lifted their target price on Hunting from GBX 450 to GBX 580 and gave the company a “buy” rating in a research report on Thursday. Royal Bank Of Canada upped their target price on Hunting from GBX 440 to GBX 500 and gave the stock an “outperform” rating in a research note on Tuesday, January 20th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 600 price objective on shares of Hunting in a report on Thursday. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 536.

Insider Buying and Selling

In other Hunting news, insider Stuart Brightman acquired 20,000 shares of the stock in a transaction on Friday, December 12th. The shares were bought at an average cost of GBX 388 per share, with a total value of £77,600. Also, insider Margaret Amos acquired 5,136 shares of Hunting stock in a transaction on Friday, December 12th. The shares were bought 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.

Key Headlines Impacting Hunting

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

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.