3 ASX 200 stocks notching up new 52-week highs today

It's a good day to own this ASX 200 trio.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is trading relatively flat on Tuesday, having fallen 0.02% at the time of writing. But these ASX 200 stocks are putting on an all-but-forgettable performance.

They've each soared to new 52-week highs today ­– one even posted a new record high.

Let's dive into the new milestones surpassed by the trio and what they've been up to lately.

Man with rocket wings which have flames coming out of them.

Image source: Getty Images

3 ASX 200 stocks posting new 52-week highs on Tuesday

Suncorp Group Ltd (ASX: SUN)

First up is ASX 200 financial stock Suncorp. It leapt 1.4% earlier today to a high of $13.33 – the highest it's been since early 2020.

Interestingly, there's been no price-sensitive news from the Queensland-based company since February.

Not to mention, its home sector, the S&P/ASX 200 Financial Index (ASX: XFJ), has trended lower in 2023. It's currently 1.2% lower than it was at the start of the year.

The company posted its first-half earnings earlier this year, detailing a 44% jump in net profit after tax (NPAT) and a 43% increase in its interim dividend – up to 33 cents per share.

NIB Holdings Limited (ASX: NHF)

Meanwhile, stock in ASX 200 health insurer NIB Holdings also reached a new 52-week high today. More than that, its peak of $8.49 represents a record high for the share.

The last time the market heard price-sensitive news from the company was in early March. Then, it was added to the S&P/ASX 100 Index (ASX: XTO).

Before that, the stock plummeted 12% on its first-half earnings, wherein it detailed a 13% increase in NPAT and upped its dividend by 18% to 13 cents per share.

AGL Energy Limited (ASX: AGL)

Finally, stock in ASX 200 energy provider AGL launched to a 52-week high of $9.45 today – marking a 0.6% increase on its previous close. Though, its share price remains 54% lower than it was four years ago.

The last time the market heard a word from AGL was on the release of its first-half earnings in February.

Then, it revealed a 55% drop in NPAT and a $1.1 billion loss – mostly on the back of asset write-downs.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

A kid and his grandad high five after a fun game of basketball.
52-Week Highs

Telstra just hit a 10-year high. Has this ASX income giant still got more to give?

Telstra’s breakout to a multi-year high is turning heads.

Read more »

Two friends giving each other a high five at the top pf a hill.
52-Week Highs

Are these ASX shares hitting 52-week highs still worth buying?

Is there any more upside for these stocks?

Read more »

A business person directs a pointed finger upwards on a rising arrow on a bar graph.
Energy Shares

5 ASX 200 energy shares smash multi-year highs after oil price spike

The ASX 200 Energy Index reached a two-year high of 11,071.80 points on Thursday.

Read more »

A young woman with her mouth open and her hands out showing surprise and delight as uranium share prices skyrocket
52-Week Highs

7 ASX All Ords shares finish earnings season on a 52-week high

The ASX All Ords Index reached a record high on the final day of earnings season.

Read more »

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today
52-Week Highs

5 ASX 200 stocks including NAB, Woodside and BHP shares charging to new 52-week plus highs today

Investors just sent NAB, BHP, Woodside and these two top ASX 200 stocks to new multi-year highs. But why?

Read more »

A graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price today
52-Week Highs

Woodside and these ASX 200 stocks just hit new 52-week highs

It's been a wonderful day for these shares.

Read more »

A woman wearing a black and white striped t-shirt looks to the sky with her hand to her chin, contemplating buying ASX shares.
Broker Notes

Buy, hold, or sell? 3 ASX 200 shares at record highs

These three ASX 200 shares reached new record highs in early trading on Tuesday.

Read more »

a man in a business suit looks at a map of the world above a line up of oil barrels with a red arrow heading upwards above them, indicting rising oil prices.
Energy Shares

Why did the Woodside share price just hit an 18-month high?

Geopolitical tensions are pushing up oil prices today.

Read more »