Hillenbrand Inc $HI Shares Acquired by Inspire Investing LLC

Inspire Investing LLC increased its holdings in Hillenbrand Inc (NYSE:HI) by 8.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 14,126 shares of the company’s stock after buying an additional 1,096 shares during the period. Inspire Investing LLC’s holdings in Hillenbrand were worth $341,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HI. GAMMA Investing LLC boosted its holdings in shares of Hillenbrand by 65.9% in the 1st quarter. GAMMA Investing LLC now owns 1,966 shares of the company’s stock valued at $47,000 after buying an additional 781 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Hillenbrand during the 1st quarter worth $84,000. Jones Financial Companies Lllp increased its position in Hillenbrand by 622.7% in the first quarter. Jones Financial Companies Lllp now owns 3,729 shares of the company’s stock worth $90,000 after buying an additional 3,213 shares during the period. State of Wyoming lifted its stake in Hillenbrand by 342.6% in the fourth quarter. State of Wyoming now owns 5,417 shares of the company’s stock valued at $167,000 after buying an additional 4,193 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Hillenbrand by 69.1% during the first quarter. Nisa Investment Advisors LLC now owns 8,152 shares of the company’s stock valued at $197,000 after acquiring an additional 3,332 shares during the period. 89.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Hillenbrand from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $32.00.

Hillenbrand Stock Down 2.8%

Hillenbrand stock opened at $24.05 on Thursday. Hillenbrand Inc has a 52 week low of $18.36 and a 52 week high of $35.59. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of -96.20 and a beta of 1.47. The company’s 50-day moving average price is $23.35 and its two-hundred day moving average price is $22.51. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 1.23.

Hillenbrand (NYSE:HI) last issued 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. Hillenbrand had a negative net margin of 0.63% and a positive return on equity of 13.53%. The company had revenue of $598.90 million during the quarter, compared to analyst estimates of $572.48 million. During the same period in the prior year, the business posted $0.85 EPS. The business’s revenue for the quarter was down 23.9% compared to the same quarter last year. Hillenbrand has set its FY 2025 guidance at 2.200-2.350 EPS. On average, analysts expect that Hillenbrand Inc will post 2.53 EPS for the current fiscal year.

Hillenbrand Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, September 15th. Hillenbrand’s payout ratio is currently -360.00%.

Hillenbrand 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.