Hillenbrand, Inc. (NYSE:HI - Free Report) - Analysts at DA Davidson boosted their FY2025 EPS estimates for shares of Hillenbrand in a research report issued to clients and investors on Monday, November 18th. DA Davidson analyst M. Summerville now forecasts that the company will post earnings of $3.45 per share for the year, up from their previous forecast of $3.05. DA Davidson currently has a "Neutral" rating and a $33.00 price target on the stock. The consensus estimate for Hillenbrand's current full-year earnings is $3.05 per share.
Hillenbrand (NYSE:HI - Get Free Report) last released its quarterly earnings results on Wednesday, November 13th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.93 by $0.08. The business had revenue of $837.60 million during the quarter, compared to analyst estimates of $793.38 million. Hillenbrand had a negative net margin of 6.63% and a positive return on equity of 14.86%. The company's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.13 earnings per share.
Several other analysts have also issued reports on the company. StockNews.com lowered 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 for the company in a research note on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.67.
Check Out Our Latest Stock Analysis on HI
Hillenbrand Price Performance
NYSE:HI traded down $0.02 during mid-day trading on Wednesday, reaching $31.41. 136,250 shares of the company were exchanged, compared to its average volume of 391,101. The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. Hillenbrand has a 12 month low of $25.11 and a 12 month high of $50.58. The stock has a market cap of $2.21 billion, a PE ratio of -10.51 and a beta of 1.38. The company has a fifty day moving average of $28.21 and a 200 day moving average of $35.86.
Hillenbrand Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.2225 dividend. The ex-dividend date was Monday, September 16th. This is a boost from Hillenbrand's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 2.83%. Hillenbrand's dividend payout ratio is presently -29.77%.
Hedge Funds Weigh In On Hillenbrand
A number of institutional investors have recently bought and sold shares of HI. Matrix Trust Co acquired a new stake in Hillenbrand during the 3rd quarter worth $25,000. GAMMA Investing LLC increased its position in Hillenbrand by 58.2% during the second quarter. GAMMA Investing LLC now owns 712 shares of the company's stock worth $28,000 after buying an additional 262 shares during the period. Kennebec Savings Bank acquired a new position in Hillenbrand during the third quarter worth approximately $48,000. KBC Group NV increased its position in Hillenbrand by 32.2% during the third quarter. KBC Group NV now owns 2,263 shares of the company's stock worth $63,000 after buying an additional 551 shares during the period. Finally, nVerses Capital LLC acquired a new position in shares of Hillenbrand in the third quarter valued at approximately $75,000. 89.09% of the stock is owned by hedge funds and other institutional investors.
Hillenbrand Company Profile
(
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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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