Halma stock reports 15 percent revenue growth after Pyxis deal
Published on 09/23/2026 at 23:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Halma stock stood at GBp 3,584 on the London Stock Exchange on September 23, 2026, with a market capitalization of GBP 13,536,816,061. The price was 26.89 percent below its 52-week high of GBp 4,902, giving investors a clear measure of the valuation gap after a year of major expansion.
Revenue reaches GBP 2.582 billion
Halma reported fiscal 2025/26 revenue of GBP 2.582 billion for the year ended March 31, 2026, up 15 percent from the prior year. Adjusted EBIT reached GBP 594 million, an increase of 22 percent, while the dividend per share rose 7 percent to 24.74 pence, according to Halma.
The figures show why the company continues to combine organic expansion with acquisitions. Revenue growth exceeded adjusted EBIT growth by 7 percentage points in fiscal 2025/26, while the dividend increase remained lower than both operating measures.
Pyxis adds water monitoring technology
On September 2, 2026, Halma agreed to acquire US water quality monitoring company Pyxis for up to USD 200 million in cash. The initial payment is USD 170 million, with an earn-out of up to USD 30 million linked to performance through March 2029, as LSE reported.
Pyxis is expected to generate USD 39 million of revenue in the financial year ending March 31, 2027, and will join Halma's Environmental and Analysis division. The transaction therefore adds a quantified growth contribution to a business that already delivered 15 percent group revenue growth in fiscal 2025/26.
Jefferies target reaches GBp 3,660
Jefferies raised its Halma rating to Hold from Underperform on September 11, 2026, and lifted its price target to GBp 3,660 from GBp 3,050, according to Sharecast. The new target is GBp 76 above the September 23 closing price, a difference of 2.12 percent.
That narrow target gap contrasts with the 26.89 percent distance to the 52-week high. For investors, the central question is whether acquisition-led growth can sustain the 15 percent revenue increase while keeping operating profit growth ahead of sales.
Halma stock closes at GBp 3,584
Halma stock closed at GBp 3,584 on the LSE on September 23, 2026, up GBp 2, or 0.06 percent, from the previous close. The reference price remains below the yearly high even as the latest results and Pyxis transaction expand the company's environmental technology portfolio.
Halma stock key data
- Company: Halma plc
- Ticker: HLMA
- Trading venue: London Stock Exchange
- Closing price (September 23, 2026): GBp 3,584
- Market capitalization: GBP 13,536,816,061 (as of September 23, 2026)
- 52-week range: GBp 3,268-4,902 (as of September 23, 2026)
- Sector / Industry: Electronic equipment and parts
- Index membership: FTSE 100
