Share Repurchase Plan Declared by Hunting (LON:HTG) Board

Key Points

• $40.0 million share buyback authorized to repurchase up to 5.3% of outstanding shares via open‑market purchases, as part of updated capital allocation through 2028 to support returns and EPS.
• Brokerage coverage is positive with a consensus "Buy" rating (five Buys) and an average price target of GBX 536, following upgrades from Canaccord (GBX 600) and Berenberg (GBX 580).
• FY2025 showed underlying improvement—EBITDA rose ~7% to $135.7m—and management announced cost cuts and cancellation of recently repurchased shares, though a declining order book raises near‑term revenue risk.

Hunting (LON:HTG - Get Free Report) declared that its board has authorized a stock buyback program on Thursday, March 5th, RTT News reports. The company plans to buyback $40.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 5.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Hunting Trading Down 1.3%

Shares of HTG traded down GBX 6.78 during mid-day trading on Thursday, reaching GBX 504.22. The company's stock had a trading volume of 1,107,325 shares, compared to its average volume of 1,841,849. The stock has a market cap of £749.19 million, a PE ratio of -23.78, a P/E/G ratio of 1.06 and a beta of 0.74. The company's fifty day moving average price is GBX 449.21 and its two-hundred day moving average price is GBX 382.11. The company has a current ratio of 2.79, a quick ratio of 2.08 and a debt-to-equity ratio of 14.98. Hunting has a 52 week low of GBX 245 and a 52 week high of GBX 553.

Analyst Upgrades and Downgrades

HTG has been the topic of a number of recent analyst reports. Berenberg Bank lifted their price target on Hunting from GBX 450 to GBX 580 and gave the stock a "buy" rating in a report on Thursday. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 600 target price on shares of Hunting in a research note on Thursday. Finally, Royal Bank Of Canada boosted their price target on shares of Hunting from GBX 440 to GBX 500 and gave the company an "outperform" rating in a research report on Tuesday, January 20th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of GBX 536.

Hunting News Roundup

Here are the key news stories impacting Hunting this week:

• Positive Sentiment: FY2025 results showed underlying improvement: EBITDA rose ~7% to $135.7m and EBITDA margin widened ~1ppt; management also reiterated a focus on shareholder returns and accelerating the Hunting 2030 strategy. Results for the Year Ended 31 December 2025
• Positive Sentiment: Company announced a targeted cost‑reduction plan and updated capital allocation that includes a $40m share-buyback to 2028 — a clear signal of prioritising returns and EPS support. Targets Further Cost Cuts and $40m Share Buyback to 2028
• Positive Sentiment: Management cancelled recently repurchased shares (reducing share count) and updated voting rights — a buyback/cancellation that should be accretive to remaining shareholders. Cancels Newly Repurchased Shares
• Positive Sentiment: Broker support increased — Berenberg raised its price target from GBX 450 to GBX 580 and Canaccord reiterated a Buy with a GBX 600 target, which can underpin sentiment and liquidity. Broker Ratings
• Neutral Sentiment: Management maintained 2026 guidance despite a decline in the order book — guidance support is constructive, but the weaker backlog raises execution risk for near‑term revenue. Maintains 2026 Guidance Despite Order Book Decline
• Neutral Sentiment: Market previews and analyst commentary are focused on Q4 results and order trends — investors should watch Q4/2026 guidance details and order intake updates for direction. Q4 2025 Earnings Report Preview
• Negative Sentiment: Order book decline is a direct negative data point that could pressure near‑term revenue visibility and investor confidence if the slowdown persists. Order Book Decline Coverage
• Negative Sentiment: Technical commentary flagged a move above the 200‑day moving average (some outlets framed that as a potential "time to sell" signal), which can trigger profit‑taking and short‑term volatility. Technical: Above 200‑Day MA

Insiders Place Their Bets

In other Hunting news, insider Stuart Brightman purchased 20,000 shares of the stock in a transaction dated Friday, December 12th. The shares were purchased at an average cost of GBX 388 per share, with a total value of £77,600. Also, insider Margaret Amos acquired 5,136 shares of Hunting stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average price of GBX 387 per share, with a total value of £19,876.32. 3.36% of the stock is currently owned by insiders.

About Hunting

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors. Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry. Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment. Our people are our most important asset.

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