Hillenbrand, Inc. (NYSE:HI – Free Report) – DA Davidson lowered their FY2025 EPS estimates for shares of Hillenbrand in a note issued to investors on Thursday, May 1st. DA Davidson analyst M. Summerville now expects that the company will post earnings of $2.25 per share for the year, down from their prior forecast of $2.60. DA Davidson has a “Neutral” rating and a $24.00 price target on the stock. The consensus estimate for Hillenbrand’s current full-year earnings is $2.53 per share.
Hillenbrand (NYSE:HI – Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. The firm had revenue of $715.90 million for the quarter, compared to analysts’ expectations of $691.00 million. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. The business’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share.
Hillenbrand Trading Up 2.2 %
Hillenbrand stock opened at $21.31 on Monday. Hillenbrand has a one year low of $18.36 and a one year high of $46.92. The business’s fifty day moving average is $23.91 and its 200 day moving average is $29.11. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.86. The stock has a market capitalization of $1.50 billion, a PE ratio of -6.79 and a beta of 1.56.
Institutional Trading of Hillenbrand
Several hedge funds have recently modified their holdings of HI. R Squared Ltd bought a new position in Hillenbrand during the fourth quarter valued at $27,000. YANKCOM Partnership purchased a new stake in Hillenbrand in the 4th quarter valued at about $30,000. GAMMA Investing LLC boosted its holdings in shares of Hillenbrand by 107.5% in the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock valued at $36,000 after purchasing an additional 614 shares during the period. Point72 Hong Kong Ltd bought a new stake in Hillenbrand during the 4th quarter valued at $42,000. Finally, Sterling Capital Management LLC grew its position in shares of Hillenbrand by 712.8% during the 4th quarter. Sterling Capital Management LLC now owns 1,520 shares of the company’s stock worth $47,000 after buying an additional 1,333 shares in the last quarter. 89.09% of the stock is owned by hedge funds and other institutional investors.
Hillenbrand Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.225 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.90 dividend on an annualized basis and a yield of 4.22%. Hillenbrand’s dividend payout ratio is presently -23.62%.
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.
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