Key Points
- Insider activity: IMI CFO Luke Grant bought 5 shares on May 12 at GBX 2,786 each, following small purchases in April and March. The trades are modest in size but indicate continued insider buying.
- Analyst sentiment remains constructive: Deutsche Bank reiterated a buy rating with a GBX 3,250 target, while JPMorgan kept an overweight rating despite trimming its target to GBX 3,050. Overall, analysts rate IMI as a Moderate Buy.
- Business fundamentals and outlook are positive: IMI said it had a strong first quarter, remains on track for organic growth, and reaffirmed its 2026 outlook. The company also continues its share buyback program, which can support earnings per share.
IMI plc (LON:IMI - Get Free Report) insider Luke Grant bought 5 shares of the firm's stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of GBX 2,786 per share, with a total value of £139.30.
Luke Grant also recently made the following trade(s):
- On Tuesday, April 14th, Luke Grant bought 6 shares of IMI stock. The stock was purchased at an average price of GBX 2,860 per share, with a total value of £171.60.
- On Tuesday, March 10th, Luke Grant bought 5 shares of IMI stock. The stock was purchased at an average price of GBX 2,790 per share, with a total value of £139.50.
IMI Stock Performance
Shares of IMI opened at GBX 2,697.49 on Thursday. IMI plc has a one year low of GBX 1,802.19 and a one year high of GBX 3,848. The company has a 50-day moving average of GBX 2,736.93 and a two-hundred day moving average of GBX 2,637.05. The stock has a market cap of £6.48 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 1.12 and a beta of 1.05. The company has a debt-to-equity ratio of 58.04, a current ratio of 1.50 and a quick ratio of 0.80.
IMI (LON:IMI - Get Free Report) last announced its earnings results on Friday, March 6th. The company reported GBX 132.30 EPS for the quarter. IMI had a net margin of 14.33% and a return on equity of 24.91%. On average, equities research analysts expect that IMI plc will post 137.9737609 earnings per share for the current year.
Key Stories Impacting IMI
Here are the key news stories impacting IMI this week:
- Positive Sentiment: Deutsche Bank reaffirmed its “buy” rating on IMI and set a higher GBX 3,250 price target, signaling continued upside potential. Deutsche Bank rating reaffirmed
- Positive Sentiment: IMI reported a good first quarter and said it remains on track for another year of organic growth, while also reaffirming its 2026 outlook. Q1 growth and outlook reaffirmed
- Positive Sentiment: Shareholders approved all AGM resolutions, backing management’s strategy and capital allocation plans. AGM resolutions approved
- Positive Sentiment: The company continued its share buyback program, which can support earnings per share by reducing the share count. Share buyback update
- Neutral Sentiment: CEO Roy Twite and CFO Luke Grant made small employee-share-plan purchases, a modest signal of insider confidence but not a major market catalyst. Insider purchases
- Neutral Sentiment: JPMorgan kept an “overweight” rating but trimmed its price target slightly to GBX 3,050, suggesting only a small reassessment of near-term expectations. JPMorgan price target lowered
- Neutral Sentiment: IMI said it is monitoring Middle East developments, but there was no sign of an immediate business impact in the update. Middle East monitoring
Analysts Set New Price Targets
Several analysts recently commented on IMI shares. JPMorgan Chase & Co. decreased their price target on shares of IMI from GBX 3,100 to GBX 3,050 and set an "overweight" rating for the company in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 3,250 price target on shares of IMI in a report on Wednesday. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 2,772.86.
Read Our Latest Stock Report on IMI
IMI Company Profile
(
Get Free Report)
IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.
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