Zacks Investment Research lowered shares of SMITHS GRP PLC/S (OTCMKTS:SMGZY) from a buy rating to a hold rating in a research note released on Tuesday, Zacks.com reports.

According to Zacks, “Smiths Group plc is a technology company. The Company designs, manufactures and delivers products and services for the threat & contraband detection, medical devices, energy and communications market. Its operating segment consists John Crane sector provides mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems, Smiths Medical sector provides infusion systems, vascular access, patient airway and temperature management equipment and specialty devices. Smiths Detection sector provides sensors that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband; Smiths Interconnect sector provides specialised electronic and radio frequency components and sub-systems that connect, protect and control critical systems; Flex-Tek division provides engineered components that heat and move fluids and gases, flexible hosing and rigid tubing. Smiths Group plc is headquartered in London, the United Kingdom. “

OTCMKTS SMGZY opened at $18.76 on Tuesday. The company has a market cap of $7.42 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 2.57 and a beta of 0.91. SMITHS GRP PLC/S has a 1-year low of $16.26 and a 1-year high of $24.42.

The company also recently declared a Semi-Annual dividend, which was paid on Friday, May 3rd. Shareholders of record on Friday, April 5th were issued a dividend of $0.167 per share. The ex-dividend date of this dividend was Thursday, April 4th. SMITHS GRP PLC/S’s dividend payout ratio is presently 27.27%.

SMITHS GRP PLC/S Company Profile

Smiths Group plc operates as a technology company severing the medical technology, security and defense, general industrial, oil and gas, and space and commercial aerospace markets worldwide. The company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek.

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