DA Davidson Issues Pessimistic Forecast for Hillenbrand (NYSE:HI) Stock Price

Hillenbrand (NYSE:HI) had its price objective reduced by equities research analysts at DA Davidson from $33.00 to $24.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s target price would indicate a potential upside of 12.62% from the stock’s previous close. DA Davidson also issued estimates for Hillenbrand’s FY2026 earnings at $2.58 EPS.

Separately, StockNews.com cut Hillenbrand from a “buy” rating to a “hold” rating in a report on Thursday, February 6th.

Hillenbrand Trading Up 2.2 %

Shares of HI stock opened at $21.31 on Thursday. The business’s fifty day moving average price is $23.91 and its 200 day moving average price is $29.10. The firm has a market capitalization of $1.50 billion, a PE ratio of -6.79 and a beta of 1.46. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.86. Hillenbrand has a 1-year low of $18.36 and a 1-year high of $46.92.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.54 by $0.06. The business had revenue of $715.90 million for the quarter, compared to analyst estimates of $691.00 million. Hillenbrand had a positive return on equity of 15.00% and a negative net margin of 7.12%. The company’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 EPS. As a group, sell-side analysts forecast that Hillenbrand will post 2.53 EPS for the current fiscal year.

Institutional Investors Weigh In On Hillenbrand

Several hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp grew its stake in shares of Hillenbrand by 0.5% during the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company’s stock valued at $2,469,000 after buying an additional 387 shares during the period. CWM LLC boosted its holdings in Hillenbrand by 6.4% in the first quarter. CWM LLC now owns 10,063 shares of the company’s stock valued at $243,000 after acquiring an additional 608 shares during 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 valued at $36,000 after acquiring an additional 614 shares during the period. Bank of Montreal Can grew its position in Hillenbrand by 6.1% during the fourth quarter. Bank of Montreal Can now owns 13,039 shares of the company’s stock valued at $401,000 after acquiring an additional 746 shares during the period. Finally, Cetera Investment Advisers increased its stake in Hillenbrand by 8.8% during the fourth quarter. Cetera Investment Advisers now owns 9,574 shares of the company’s stock worth $295,000 after acquiring an additional 773 shares during the last quarter. 89.09% of the stock is owned by institutional investors and hedge funds.

About Hillenbrand

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.