Henkel completes Stahl acquisition and Henkel stock sits 6.12 percent below its 52-week high

Published on 10/05/2026 at 14:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Organic sales rose 3.20 percent to EUR 10.3 billion in the first half of 2026. Henkel stock costs EUR 72.52 on October 5, 2026 versus EUR 72.45.

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Henkel completed its Stahl acquisition on October 1, 2026, while Henkel stock was trading at EUR 72.52 at Lang & Schwarz, 6.12 percent below its 52-week high of EUR 77.25. The transaction strengthens Adhesive Technologies and gives the company a larger specialty coatings portfolio.

Stahl adds specialty coatings

According to Henkel, the Netherlands-based Stahl Group became fully part of Henkel after all closing conditions and regulatory approvals were completed. Stahl generated adjusted sales of EUR 725.00 million in fiscal year 2025 and employs 1,800 people globally.

The deal covers leather finishing solutions, performance coatings and packaging coatings for mobility, fashion, luxury and packaging customers. Henkel said the acquisition, together with two other Adhesive Technologies transactions, adds EUR 1.0 billion in combined sales and broadens the division's technology portfolio.

Half-year growth supports outlook

In its investor-relations update dated August 6, 2026, Henkel reported organic sales growth of 3.20 percent to EUR 10.3 billion in the first half of 2026. Adjusted EBIT reached EUR 1.620 billion, compared with EUR 1.614 billion in the same period, while the adjusted EBIT margin increased to 15.70 percent from 15.50 percent.

Henkel raised its 2026 organic sales growth outlook to 1.50 percent to 3.50 percent from 1.00 percent to 3.00 percent. The adjusted EBIT margin outlook remained 14.50 percent to 16.00 percent, making execution in the second half the key test for the enlarged portfolio.

Analyst target stays above price

FinanzNachrichten reported that Bernstein Research retained its Market-Perform rating on September 29, 2026, with a EUR 74.96 price target. That target lies 3.36 percent above the Lang & Schwarz price, offering a measured valuation reference while the market assesses Stahl's contribution.

Henkel stock stays below yearly high

Henkel stock was trading at EUR 72.52 at Lang & Schwarz on October 5, 2026 at 2:29 p.m. CEST, up 0.10 percent versus the prior close of EUR 72.45 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Henkel stock.