Shares of Haleon PLC Sponsored ADR (NYSE:HLN – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $4.90.
A number of research analysts have issued reports on the company. Berenberg Bank reissued a “buy” rating on shares of Haleon in a report on Wednesday, August 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Haleon in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Haleon in a research note on Friday, September 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Haleon in a research note on Wednesday, September 9th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Haleon in a report on Tuesday, August 11th.
Check Out Our Latest Stock Analysis on HLN
Institutional Investors Weigh In On Haleon
A number of large investors have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC lifted its holdings in Haleon by 100.7% during the 3rd quarter. Apollon Wealth Management LLC now owns 41,276 shares of the company’s stock worth $371,000 after purchasing an additional 20,713 shares during the last quarter. Mondrian Investment Partners LTD bought a new stake in shares of Haleon during the third quarter worth $158,737,000. Rahlfs Capital LLC bought a new stake in shares of Haleon during the third quarter worth about $161,000. Sterling Capital Management LLC raised its position in Haleon by 1.9% during the 3rd quarter. Sterling Capital Management LLC now owns 88,039 shares of the company’s stock worth $792,000 after purchasing an additional 1,624 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in Haleon during the 3rd quarter worth approximately $25,000. Institutional investors own 6.67% of the company’s stock.
Haleon Stock Performance
Shares of NYSE HLN opened at $10.29 on Friday. The firm has a market capitalization of $45.30 billion, a price-to-earnings ratio of 26.37, a PEG ratio of 2.32 and a beta of 0.14. The business has a fifty day simple moving average of $9.56 and a 200 day simple moving average of $9.51. Haleon has a one year low of $8.65 and a one year high of $11.28. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 0.38.
Haleon Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, September 17th. Investors of record on Friday, August 14th were paid a $0.0642 dividend. This is a drop from Haleon’s previous dividend of $0.1307. This represents a dividend yield of 132.0%. The ex-dividend date of this dividend was Friday, August 14th. Haleon’s dividend payout ratio (DPR) is 30.77%.
Haleon Company Profile
Haleon plc (NYSE: HLN) is a global consumer health company that develops, manufactures and markets over-the-counter medicines, oral health products, vitamins and supplements. Its portfolio is organized around categories including pain relief, respiratory health, digestive health, therapeutic oral care, everyday oral care, vitamins and minerals, and skin health.
Haleon’s well-known brands include Sensodyne, Polident, parodontax, Centrum, Advil, Voltaren, Panadol, Otrivin and Theraflu. The company’s products are sold through pharmacies, supermarkets, retailers and e-commerce channels, serving consumers in markets around the world.
Haleon was established as an independent consumer health business following its demerger from GSK in July 2022.
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