Hillenbrand, Inc. (NYSE:HI – Free Report) – Research analysts at DA Davidson increased their FY2025 earnings per share estimates for Hillenbrand in a report issued on Monday, November 18th. DA Davidson analyst M. Summerville now anticipates that the company will post earnings per share of $3.45 for the year, up from their previous forecast of $3.05. DA Davidson has a “Neutral” rating and a $33.00 price target on the stock. The consensus estimate for Hillenbrand’s current full-year earnings is $3.45 per share.
A number of other equities analysts have also recently issued reports on the company. StockNews.com cut Hillenbrand from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. KeyCorp dropped their price target on Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Hillenbrand presently has an average rating of “Moderate Buy” and an average target price of $44.67.
Hillenbrand Price Performance
NYSE HI opened at $32.97 on Wednesday. Hillenbrand has a 1 year low of $25.11 and a 1 year high of $50.58. The business’s fifty day moving average is $28.32 and its two-hundred day moving average is $35.83. The stock has a market capitalization of $2.32 billion, a P/E ratio of -10.65 and a beta of 1.38. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 1.27.
Hillenbrand (NYSE:HI – Get Free Report) last announced its quarterly earnings data on Wednesday, November 13th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.08. Hillenbrand had a negative net margin of 6.63% and a positive return on equity of 14.86%. The company had revenue of $837.60 million for the quarter, compared to analysts’ expectations of $793.38 million. During the same quarter in the previous year, the company posted $1.13 EPS. The business’s revenue was up 9.8% compared to the same quarter last year.
Hillenbrand Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a $0.2225 dividend. This represents a $0.89 annualized dividend and a dividend yield of 2.70%. The ex-dividend date was Monday, September 16th. This is a boost from Hillenbrand’s previous quarterly dividend of $0.22. Hillenbrand’s dividend payout ratio (DPR) is -29.77%.
Hedge Funds Weigh In On Hillenbrand
Several institutional investors and hedge funds have recently bought and sold shares of HI. SkyView Investment Advisors LLC boosted its stake in shares of Hillenbrand by 4.5% during the 3rd quarter. SkyView Investment Advisors LLC now owns 20,490 shares of the company’s stock valued at $570,000 after buying an additional 891 shares during the period. Geode Capital Management LLC raised its holdings in shares of Hillenbrand by 0.4% during the third quarter. Geode Capital Management LLC now owns 1,602,744 shares of the company’s stock worth $44,565,000 after acquiring an additional 6,682 shares in the last quarter. Barclays PLC boosted its position in Hillenbrand by 17.9% during the third quarter. Barclays PLC now owns 318,078 shares of the company’s stock valued at $8,841,000 after purchasing an additional 48,230 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Hillenbrand in the third quarter valued at about $223,000. Finally, XTX Topco Ltd increased its position in Hillenbrand by 13.4% in the 3rd quarter. XTX Topco Ltd now owns 15,052 shares of the company’s stock worth $418,000 after purchasing an additional 1,774 shares during the last quarter. Hedge funds and other institutional investors own 89.09% of the company’s stock.
Hillenbrand Company Profile
Hillenbrand, Inc operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials.
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