IMI issues 3,012 shares while IMI stock sits 3.38 percent below its high

Published on 10/02/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IMI stock costs EUR 36.70 on October 2, 2026 after EUR 36.40, plus 0.82 percent. Six analysts set a GBp 3,171.67 target.

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IMI (ISIN GB00BGLP8L22) issued 3,012 ordinary shares on October 1, 2026, bringing the total number admitted under the employee savings scheme to 248,073,317, according to TradingView. IMI stock was 3.38 percent below its 52-week high of GBp 3,192.00, based on an intraday LSE price of GBp 3,084.00 on October 2, 2026.

Employee share issue adds limited supply

The new shares were admitted to the London Stock Exchange Main Market and are fully fungible with IMI's existing ordinary shares, the October 1 filing said. The admission followed issues made between September 3 and September 30, 2026 under the company's UK SAYE scheme.

The issue is small relative to IMI's enlarged share count: 3,012 shares represent 0.0012 percent of the 248,073,317 shares listed after admission. That makes the filing more relevant as a capital-markets disclosure than as a material change to ownership or earnings power.

Analysts keep target above market

MarketBeat reported on September 23, 2026 that five of six analysts rated IMI Buy and one rated it Hold. The average 12-month target was GBp 3,171.67, with individual targets ranging from GBp 2,850.00 to GBp 3,440.00.

The same source reported quarterly earnings per share of GBp 63.40, a net margin of 14.09 percent and return on equity of 32.41 percent. Those figures give the market a profitability reference alongside the valuation signal: the current LSE price is 3.38 percent below the year's high, while the average analyst target remains 2.84 percent above the GBp 3,084.00 LSE price.

Engineering exposure supports the case

IMI describes itself as a specialist engineering group serving energy, automation and healthcare markets through fluid and motion-control products, according to its IMI investor page. Its operating model spans precision engineering, critical engineering and hydronic engineering, linking the share story to industrial demand rather than a single end market.

IMI stock remains near its yearly high

At Lang & Schwarz, IMI stock was trading at EUR 36.70 on October 2, 2026 at 1:35 p.m. CEST, up 0.82 percent versus the prior close of EUR 36.40 on October 1, 2026. The LSE quote was last at GBp 3,084.00 on October 2, 2026 at 12:39 p.m. BST, while the 52-week range was GBp 2,244.00 to GBp 3,192.00 and market capitalization was GBP 7.3 billion.

The further course of trading is shown by the continuously updated real-time quote of IMI stock.