American Century Companies Inc. Has $2.26 Million Holdings in Hillenbrand Inc $HI

American Century Companies Inc. raised its position in Hillenbrand Inc (NYSE:HI) by 61.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,663 shares of the company’s stock after buying an additional 35,745 shares during the period. American Century Companies Inc. owned 0.13% of Hillenbrand worth $2,261,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd acquired a new position in Hillenbrand in the fourth quarter valued at about $42,000. GAMMA Investing LLC boosted its position in Hillenbrand by 65.9% in the first quarter. GAMMA Investing LLC now owns 1,966 shares of the company’s stock valued at $47,000 after buying an additional 781 shares in the last quarter. State of Wyoming raised its stake in shares of Hillenbrand by 342.6% in the fourth quarter. State of Wyoming now owns 5,417 shares of the company’s stock worth $167,000 after acquiring an additional 4,193 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Hillenbrand by 79.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,815 shares of the company’s stock worth $210,000 after acquiring an additional 3,027 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Hillenbrand in the fourth quarter worth about $251,000. 89.09% of the stock is currently owned by institutional investors and hedge funds.

Hillenbrand Trading Down 2.0%

HI opened at $25.36 on Tuesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 0.87. The company has a market cap of $1.79 billion, a price-to-earnings ratio of -101.45 and a beta of 1.47. The firm has a 50 day simple moving average of $22.50 and a 200 day simple moving average of $22.94. Hillenbrand Inc has a fifty-two week low of $18.36 and a fifty-two week high of $35.59.

Hillenbrand (NYSE:HI) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The business had revenue of $598.90 million during the quarter, compared to the consensus estimate of $572.48 million. Hillenbrand had a negative net margin of 0.63% and a positive return on equity of 13.53%. Hillenbrand’s revenue for the quarter was down 23.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share. Hillenbrand has set its FY 2025 guidance at 2.200-2.350 EPS. On average, sell-side analysts anticipate that Hillenbrand Inc will post 2.53 earnings per share for the current year.

Hillenbrand Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, September 15th. Hillenbrand’s payout ratio is -360.00%.

Analyst Ratings Changes

Separately, KeyCorp downgraded shares of Hillenbrand from an “overweight” rating to a “sector weight” rating in a research note on Thursday, May 8th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $32.00.

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.