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

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

| More on:
Man with rocket wings which have flames coming out of them.

Image source: Getty Images

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.

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

Hands reaching high for a trophy with a sunset in the background.
52-Week Highs

4 ASX All Ords shares smashing new 52-week highs today

Do you own any of these lucky shares?

Read more »

Person pointing at an increasing blue graph which represents a rising share price.
52-Week Highs

5 ASX All Ords shares starting the new year at 52-week highs

What a way to start 2025...

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

3 ASX 300 shares smashing new highs while the market dives

These three shares are running hot amid a market meltdown.

Read more »

Three hikers lift their arms in jubilation as they reach a rocky peak overlooking a sensational view of water and mountains with a blue sky surrounding them.
52-Week Highs

3 blue chip ASX 200 shares smashing new highs on Wednesday

These names are finishing the year strongly.

Read more »

Ten smiling business people wave to the camera after receiving some winning company news.
ETFs

10 red-hot ASX ETFs that smashed new highs today

Do you own any of these lucky exchange-traded funds?

Read more »

Two kids stare open-mouthed at what's under their bed.
52-Week Highs

5 under-the-radar ASX 200 shares smashing new highs today

These shares are bucking the market big time.

Read more »

A piggy bank on the cloud in the blue sky symbolising a record high share price.
52-Week Highs

10 ASX 200 shares smashing new highs while the market sinks

Do you own any of these market-defying stocks?

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Travel Shares

Why the Qantas share price can keep flying to new highs

Qantas shares' new record highs are forecast to be broken in 2025 by this top broker.

Read more »