Weir Group stock enters November 4 update with 6.2 percent growth
Published on 10/04/2026 at 18:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Weir Group stock (ISIN GB0009465807) was last at GBp 2,580 on the LSE on October 2, 2026 at 4:35 p.m. BST, up 0.23 percent. The company lists a Q3 2026 interim management statement for November 4, 2026, according to its investor relations page.
Revenue growth reaches 6.2 percent
Weir's latest reported period covers the six months ended June 30, 2026. According to Simply Wall St, revenue rose 6.2 percent to GBP 1.27 billion from the first half of 2025, while net income increased 16 percent to GBP 128.6 million.
EPS also improved to GBP 0.50 from GBP 0.43 in the comparable period, a 16.3 percent increase. The reported profit margin was 10 percent, unchanged from the first half of 2025, so the earnings improvement came with stable margin performance.
Dividend payment follows in November
Weir approved an interim dividend of 20.0 pence per share for 2026, compared with 19.6 pence in 2025, according to Simply Wall St. The payment date is November 3, 2026, while the company has set November 4, 2026 for its next interim management statement.
The operating backdrop remains tied to mining and infrastructure investment. AJ Bell describes Weir as a Glasgow-based engineering group with Minerals and ESCO divisions operating across more than 50 countries.
Consensus target stands 32.1 percent higher
Analyst sentiment is constructive but leaves the market focused on execution. MarketBeat reports a Moderate Buy consensus from nine analysts, including eight Buy ratings and one Hold rating, with an average 12-month target of GBp 3,408.33. The price target lies 32.1 percent above the October 2 price of GBp 2,580.
That spread is substantial beside the latest operating figures, but the stock also carries a balance-sheet risk. Simply Wall St identifies Weir's high debt level as a risk factor, making the November update important for orders, margins and cash generation.
Stock remains 27.9 percent below its high
On October 2, 2026, Weir's 52-week range was GBp 2,254 to GBp 3,580, placing the latest price 27.9 percent below the high. Trading volume was 1,411,565 shares and market capitalization was GBP 6.7 billion on the same date.
GBp 2,580 sets the latest market level
The Weir Group stock was last at GBp 2,580 on the LSE on October 2, 2026 at 4:35 p.m. BST, with a market capitalization of GBP 6.7 billion.
Weir Group stock at a glance
- Company: The Weir Group PLC
- ISIN: GB0009465807
- Ticker: WEIR.L
- Trading venue: LSE
- Price (as of October 2, 2026, 4:35 p.m. BST): GBp 2,580
- Market capitalization: GBP 6.7 billion (as of October 2, 2026)
- 52-week range: GBp 2,254-3,580 (as of October 2, 2026)
- Sector / Industry: Industrials / Specialty Industrial Machinery
Upcoming dates for Weir Group stock
- November 3, 2026: Interim dividend payment
- November 4, 2026: Q3 2026 interim management statement
