DA Davidson Brokers Lift Earnings Estimates for Hillenbrand

Hillenbrand, Inc. (NYSE:HI) – DA Davidson boosted their FY2025 earnings per share (EPS) estimates for Hillenbrand in a research note issued on Monday, November 18th. DA Davidson analyst M. Summerville now anticipates that the company will earn $3.45 per share for the year, up from their prior forecast of $3.05. DA Davidson has a “Neutral” rating and a $33.00 price objective on the stock. The consensus estimate for Hillenbrand’s current full-year earnings is $3.05 per share.

HI has been the subject of a number of other research reports. StockNews.com cut Hillenbrand from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. KeyCorp dropped their price target on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Hillenbrand currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.67.

Hillenbrand Stock Performance

HI opened at $31.85 on Wednesday. The company has a market cap of $2.24 billion, a P/E ratio of -10.65 and a beta of 1.38. The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. The firm’s 50-day moving average price is $28.21 and its 200-day moving average price is $35.86. Hillenbrand has a 52-week low of $25.11 and a 52-week high of $50.58.

Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, November 13th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.08. Hillenbrand had a negative net margin of 6.63% and a positive return on equity of 14.86%. The company had revenue of $837.60 million during the quarter, compared to the consensus estimate of $793.38 million. During the same period last year, the firm earned $1.13 earnings per share. Hillenbrand’s revenue was up 9.8% compared to the same quarter last year.

Hedge Funds Weigh In On Hillenbrand

A number of institutional investors have recently added to or reduced their stakes in HI. O Shaughnessy Asset Management LLC grew its position in Hillenbrand by 2.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the company’s stock valued at $580,000 after acquiring an additional 259 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Hillenbrand by 58.2% during the second quarter. GAMMA Investing LLC now owns 712 shares of the company’s stock worth $28,000 after purchasing an additional 262 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in Hillenbrand by 0.6% in the second quarter. GHP Investment Advisors Inc. now owns 51,414 shares of the company’s stock valued at $2,058,000 after buying an additional 320 shares during the last quarter. LRI Investments LLC boosted its holdings in shares of Hillenbrand by 15.0% in the second quarter. LRI Investments LLC now owns 2,679 shares of the company’s stock valued at $107,000 after acquiring an additional 349 shares during the period. Finally, Arizona State Retirement System increased its holdings in shares of Hillenbrand by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 19,639 shares of the company’s stock valued at $786,000 after acquiring an additional 368 shares during the period. Hedge funds and other institutional investors own 89.09% of the company’s stock.

Hillenbrand Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a $0.2225 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.89 dividend on an annualized basis and a yield of 2.79%. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.22. Hillenbrand’s dividend payout ratio (DPR) is presently -29.77%.

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.