Shares of Hillenbrand, Inc. (NYSE:HI - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $33.95, but opened at $30.64. Hillenbrand shares last traded at $30.45, with a volume of 114,245 shares.
Analyst Ratings Changes
Several research analysts have recently issued reports on HI shares. DA Davidson reiterated a "neutral" rating and issued a $33.00 price objective on shares of Hillenbrand in a report on Friday, November 15th. StockNews.com downgraded Hillenbrand from a "buy" rating to a "hold" rating in a report on Thursday. Finally, KeyCorp reduced their price target on shares of Hillenbrand from $45.00 to $40.00 and set an "overweight" rating for the company in a research report on Thursday, November 14th.
View Our Latest Stock Analysis on Hillenbrand
Hillenbrand Stock Performance
The stock has a market capitalization of $2.35 billion, a PE ratio of -10.64 and a beta of 1.43. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.83 and a current ratio of 1.34. The firm has a 50 day moving average of $32.41 and a 200-day moving average of $31.65.
Hillenbrand (NYSE:HI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.02. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. During the same quarter in the prior year, the firm earned $0.69 EPS. Research analysts forecast that Hillenbrand, Inc. will post 2.94 earnings per share for the current year.
Hillenbrand Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a dividend of $0.225 per share. This is a boost from Hillenbrand's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.90 dividend on an annualized basis and a yield of 2.69%. Hillenbrand's dividend payout ratio (DPR) is presently -28.66%.
Institutional Investors Weigh In On Hillenbrand
A number of large investors have recently bought and sold shares of HI. Fifth Third Bancorp grew its position in Hillenbrand by 0.5% in the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company's stock worth $2,469,000 after purchasing an additional 387 shares during the last quarter. KBC Group NV lifted its stake in shares of Hillenbrand by 32.2% in the third quarter. KBC Group NV now owns 2,263 shares of the company's stock valued at $63,000 after buying an additional 551 shares during the period. OneDigital Investment Advisors LLC grew its position in Hillenbrand by 3.8% during the third quarter. OneDigital Investment Advisors LLC now owns 16,657 shares of the company's stock worth $463,000 after buying an additional 603 shares in the last quarter. GAMMA Investing LLC grew its position in Hillenbrand by 107.5% during the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock worth $36,000 after buying an additional 614 shares in the last quarter. Finally, R Squared Ltd bought a new position in Hillenbrand during the fourth quarter valued at about $27,000. 89.09% of the stock is currently owned by institutional investors.
Hillenbrand Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Hillenbrand, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hillenbrand wasn't on the list.
While Hillenbrand currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
