Halma, GB0004052071

Stifel resumes coverage of Halma stock with GBp 4,500 target

Published on 10/20/2026 at 12:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stifel set a GBp 4,500 target on October 7, 2026. Halma stock costs EUR 39.53 on October 20, 2026; results are due November 19, 2026.

Coverage and reporting calendar

Stifel resumed Halma coverage with a GBp 4,500 target on October 7, 2026.
Margin guidance rose to 23.50%-24.00% from 22.70% on September 24, 2026.
Halma stock traded at EUR 39.53 at Lang & Schwarz at 12:35 p.m. CEST on October 20, 2026.

Ingenieure montieren Brandmelder in heller Fabrikhalle mit Fensterfront — Halma plc (ISIN GB0004052071) fertigt in moderner Fabrik hochpräzise Sicherheitssensoren und Brandmeldetechnik für Industriekunden weltweit, Illustration mit AI erstellt.

Halma plc (GB0004052071) was trading at EUR 39.53 at Lang & Schwarz on October 20, 2026 at 12:35 p.m. CEST. Stifel resumed coverage with a Buy rating and a GBp 4,500 target on October 7, 2026, according to Yahoo Finance. The next scheduled results date is November 19, 2026.

Margin guidance sets the baseline

Halma raised its fiscal 2027 adjusted earnings before interest and tax margin guidance to 23.50%-24.00% from 22.70% on September 24, 2026. The update also retained low double-digit organic revenue growth guidance for the financial year ending in March 2027, according to Hargreaves Lansdown.

The company reported fiscal-year 2025/26 revenue of GBP 2.582 billion and adjusted EBIT of GBP 594 million, both figures published on its investor page with the reporting period ending March 31, 2026. Revenue rose 15.00 percent and adjusted EBIT increased 22.00 percent.

What does the target imply for earnings?

Stifel forecasts 13.10 percent organic growth and a 23.70 percent adjusted operating margin for fiscal 2027. Its adjusted earnings-per-share estimate of GBp 136.00 exceeds the GBp 133.10 consensus cited in the October 7, 2026 report. The same analysis identifies Avo Photonics as a key sensitivity, with customer concentration and supply constraints among the risks.

Three dated signals for Halma

On September 24, 2026, Halma lifted adjusted EBIT margin guidance to 23.50%-24.00% from 22.70%. On October 7, 2026, Stifel resumed coverage with a GBp 4,500 target and a Buy rating. On October 20, 2026, the stock stood at EUR 39.53 at Lang & Schwarz at 12:35 p.m. CEST.

Upcoming reporting dates

Halma's next substantiated date is November 19, 2026, for its 2026/27 half-year results. The following scheduled date is March 11, 2027, for a provisional trading update, according to Halma.

Stock price and investor timetable

Halma stock was trading at EUR 39.53 at Lang & Schwarz on October 20, 2026 at 12:35 p.m. CEST. The November 19 results will provide the next test of the 23.50%-24.00% margin guidance and the growth assumptions behind Stifel's target. The further course of trading is shown by the continuously updated real-time quote of Halma stock.