Zacks Investment Research upgraded shares of WEIR GRP PLC/S (OTCMKTS:WEGRY) from a sell rating to a hold rating in a research report sent to investors on Thursday.

According to Zacks, “The Weir Group PLC provides engineering solutions. The company’s operating segment consists of Minerals, Oil & Gas and Flow Control. Oil & Gas segment provides products and service solutions to upstream, production, transportation, refining and related industries. Flow Control segment designs and manufactures valves and pumps. Minerals segment offers provision of slurry handling equipment and associated aftermarket support. It also provides specialist support services to the global power generation, industrial and oil and gas sectors. The Weir Group PLC is headquartered in Glasgow, the United Kingdom. “

Separately, ValuEngine lowered WEIR GRP PLC/S from a hold rating to a sell rating in a research report on Monday, February 4th.

Shares of OTCMKTS WEGRY opened at $10.58 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.66 and a quick ratio of 1.24. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 1.24 and a beta of 1.60. WEIR GRP PLC/S has a twelve month low of $7.69 and a twelve month high of $16.06.

The company also recently announced a Semi-Annual dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Friday, April 26th will be given a dividend of $0.183 per share. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from WEIR GRP PLC/S’s previous Semi-Annual dividend of $0.18. WEIR GRP PLC/S’s payout ratio is 32.73%.

WEIR GRP PLC/S Company Profile

The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, screens, hose and pipe pools, centrifuges, pontoons and barges, hydrocyclones, wear linings, mill liners, feeders, conveyors, and washers; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets.

Featured Article: Balanced Fund

Get a free copy of the Zacks research report on WEIR GRP PLC/S (WEGRY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for WEIR GRP PLC/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WEIR GRP PLC/S and related companies with MarketBeat.com's FREE daily email newsletter.