Hillenbrand, Inc. (NYSE:HI – Free Report) – Equities researchers at DA Davidson issued their FY2025 earnings estimates for Hillenbrand in a note issued to investors on Monday, February 24th. DA Davidson analyst M. Summerville anticipates that the company will post earnings of $2.60 per share for the year. DA Davidson currently has a “Neutral” rating and a $33.00 target price 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 issued its earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. During the same quarter in the previous year, the business posted $0.69 EPS.
Hillenbrand Stock Performance
NYSE:HI opened at $30.39 on Wednesday. Hillenbrand has a 52-week low of $25.11 and a 52-week high of $50.58. The business’s fifty day moving average is $32.41 and its 200 day moving average is $31.02. 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 firm has a market cap of $2.14 billion, a price-to-earnings ratio of -9.68 and a beta of 1.43.
Institutional Trading of Hillenbrand
Several institutional investors and hedge funds have recently modified their holdings of the business. Bernzott Capital Advisors increased its position in shares of Hillenbrand by 51.3% in the third quarter. Bernzott Capital Advisors now owns 225,753 shares of the company’s stock worth $6,276,000 after purchasing an additional 76,533 shares during the last quarter. EMC Capital Management grew its stake in Hillenbrand by 236.2% in the 3rd quarter. EMC Capital Management now owns 11,768 shares of the company’s stock worth $327,000 after buying an additional 8,268 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of Hillenbrand by 47.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 59,317 shares of the company’s stock worth $1,649,000 after buying an additional 19,201 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of Hillenbrand during the 3rd quarter valued at $48,000. Finally, Versor Investments LP bought a new stake in shares of Hillenbrand during the 3rd quarter worth $259,000. Hedge funds and other institutional investors own 89.09% of the company’s stock.
Hillenbrand Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Friday, March 14th. Hillenbrand’s payout ratio is -28.66%.
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.
Recommended Stories
- Five stocks we like better than Hillenbrand
- What Are Earnings Reports?
- Buffett’s on the Sidelines – Should You Follow?
- 3 Tickers Leading a Meme Stock Revival
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Learn Technical Analysis Skills to Master the Stock Market
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for Hillenbrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillenbrand and related companies with MarketBeat.com's FREE daily email newsletter.