Hillenbrand, Inc. (NYSE:HI – Free Report) – Investment analysts at DA Davidson lowered their FY2026 earnings per share estimates for shares of Hillenbrand in a note issued to investors on Thursday, May 1st. DA Davidson analyst M. Summerville now forecasts that the company will earn $2.58 per share for the year, down from their previous forecast of $2.87. DA Davidson has a “Neutral” rating and a $24.00 price objective on the stock. The consensus estimate for Hillenbrand’s current full-year earnings is $2.53 per share.
Separately, StockNews.com downgraded shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.
Hillenbrand Trading Up 2.2 %
NYSE HI opened at $21.31 on Friday. Hillenbrand has a one year low of $18.36 and a one year high of $46.92. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.86 and a current ratio of 1.34. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of -6.79 and a beta of 1.56. The company’s 50-day simple moving average is $23.91 and its two-hundred day simple moving average is $29.11.
Hillenbrand (NYSE:HI – Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. The firm had revenue of $715.90 million during 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%. Hillenbrand’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 earnings per share.
Hillenbrand Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.22%. The ex-dividend date was Friday, March 14th. Hillenbrand’s dividend payout ratio is currently -23.62%.
Institutional Trading of Hillenbrand
Hedge funds and other institutional investors have recently made changes to their positions in the business. Channing Capital Management LLC purchased a new stake in shares of Hillenbrand during the fourth quarter valued at $20,648,000. Fuller & Thaler Asset Management Inc. raised its stake in shares of Hillenbrand by 10.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,116,444 shares of the company’s stock worth $126,704,000 after purchasing an additional 387,048 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Hillenbrand by 130.6% during the first quarter. New York State Common Retirement Fund now owns 643,506 shares of the company’s stock worth $15,534,000 after purchasing an additional 364,461 shares during the period. Raymond James Financial Inc. purchased a new stake in Hillenbrand in the fourth quarter valued at approximately $7,782,000. Finally, Northern Trust Corp increased its holdings in Hillenbrand by 24.4% in the 4th quarter. Northern Trust Corp now owns 900,666 shares of the company’s stock worth $27,722,000 after buying an additional 176,482 shares during the period. 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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