3 FTSE Shares Hitting New Highs: Aviva plc, Hargreaves Lansdown PLC And IMI plc

Aviva plc (LON: AV), Hargreaves Lansdown PLC (LON: HL) and IMI plc (LON: IMI) reach for the sky.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

The FTSE 100 (FTSEINDICES: ^FTSE) is still a long way from May’s 13-year peak of 6,876, having lost 33 points today to 6,516 by early afternoon, as the news of the US budget deadlock has turned sour again. That’s 360 points the index of top UK stocks needs to gain before it gets back to breaking new ground, but it still seems more likely it will achieve that than re-plumb its 52-week depths of 5,606 any time soon.

Some individual shares are climbing to new heights. Here are three from the top index achieving that feat today:

5 Stocks For Trying To Build Wealth After 50

One notable billionaire made 99% of his current wealth after his 50th birthday. And here at The Motley Fool, we believe it is NEVER too late to start trying to build your fortune in the stock market. Our expert Motley Fool analyst team have shortlisted 5 companies that they believe could be a great fit for investors aged 50+ trying to build long-term, diversified portfolios.

Click here to claim your free copy now!


Aviva (LSE: AV) (NYSE: AV.US) shareholders have been having a great time, with their shares up around 28% over the past 12 months — and the price hit a new high today of 432.2p, before dropping back a little to 431p by midday. That period even includes the price crash that resulted from the firm’s slashing of its dividend to a rebased lower level as of its 2012 final payment.

Looking ahead, City analysts are forecasting earnings per share (EPS) of around 44p, which would put the shares on a forward P/E of under 10. Even at today’s lower levels, the dividend should still yield about 3.8% — and it should be about 2.7 times covered by earnings and pretty sustainable.

Hargreaves Lansdown

Hargreaves Lansdown (LSE: HL) shares reached a new 52-week high today of 1,071p, for a gain of 31p on the day, after the investment firm revealed a record level of assets under management in yesterday’s first-quarter update. The price is now up around 45% over the past 12 months, and it’s gained more than 130% over three years.

In this case, the price rise has lifted the forward P/E valuation as high as 28 based on full-year forecasts, which is twice the FTSE average. But Hargreaves Lansdown shares have traditionally enjoyed a high valuation, and are still expected to provide a dividend yield of 3%.


Shares in engineer IMI are up 65% over the past year, reaching a new record of 1,550p today, after news emerged that Warren Buffett’s Berkshire Hathaway investment firm is to buy its drink-dispensing and retail-merchandising divisions.

Berkshire Hathaway will pay £690m for the deal, and the cash will be split two ways — IMI will return £620m of it to shareholders, with £70m going into its pension fund.

By early afternoon, the IMI price had slipped back to 1,518p, but that’s still 19p up on the day.

Is this little-known company the next ‘Monster’ IPO?

Right now, this ‘screaming BUY’ stock is trading at a steep discount from its IPO price, but it looks like the sky is the limit in the years ahead.

Because this North American company is the clear leader in its field which is estimated to be worth US$261 BILLION by 2025.

The Motley Fool UK analyst team has just published a comprehensive report that shows you exactly why we believe it has so much upside potential.

But I warn you, you’ll need to act quickly, given how fast this ‘Monster IPO’ is already moving.

Click here to see how you can get a copy of this report for yourself today

> Alan does not own any shares mentioned in this article.

More on Investing Articles

Social media and digital online concept, woman using smartphone
Investing Articles

Apple stock: Buffett is long, Burry is short. What should I do?

Our author thinks about whether following Warren Buffet into Apple stock might be a good addition to his portfolio –…

Read more »

Close-up of British bank notes
Investing Articles

5 ‘no-brainer’ dividend shares to buy today

Is there an easy way to narrow down the list of FTSE 100 dividend shares? I try one approach, with…

Read more »

Close-up of British bank notes
Investing Articles

£5,000 to invest? 2 dividend-paying penny stocks I’d hold to 2030

I think these high-yielding penny stocks could help cushion the impact of high inflation on my returns. Here's why I'd…

Read more »

Renewable energies concept collage
Investing Articles

2 green stocks that I think are no-brainer buys for the future

Jon Smith explains two of his favourite green stocks at the moment, one for growth and the other for income…

Read more »

An airplane on a runway
Investing Articles

The Rolls-Royce Share price may be set for take-off!

After an upbeat Civil Aerospace Investor Day, here's why I think the Rolls-Royce share price could be set for take-off…

Read more »

A pastel colored growing graph with rising rocket.
Investing Articles

2 beaten-down growth stocks to buy as inflation rises

Despite inflationary pressures and recession concerns, I am looking at some top growth stocks to solidify my portfolio over the…

Read more »

Stack of British pound coins falling on list of share prices
Investing Articles

Is the IAG share price too good to miss at current levels?

Jabran Khan delves deeper into the current state of play with the IAG share price and decides if now is…

Read more »

Young woman working at modern office. Technical price graph and indicator, red and green candlestick chart and stock trading computer screen background.
Investing Articles

5 of the highest-paying income stocks compared! Which one is best for my portfolio?

Income stocks are certainly in vogue right now amid sky-high inflation. But which of these big dividend payers is the…

Read more »