FY2025 EPS Estimates for Hillenbrand Lowered by DA Davidson

Hillenbrand, Inc. (NYSE:HI - Free Report) - Research analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of Hillenbrand in a report issued 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 previous estimate of $2.60. DA Davidson currently 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.

A number of other research firms have also commented on HI. StockNews.com lowered shares of Hillenbrand from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. KeyCorp downgraded shares of Hillenbrand from an "overweight" rating to a "sector weight" rating in a report on Thursday.

Hillenbrand Stock Up 0.0 %

NYSE HI traded up $0.01 during trading on Monday, hitting $20.89. 64,379 shares of the company traded hands, compared to its average volume of 517,895. The company has a market capitalization of $1.47 billion, a P/E ratio of -6.65 and a beta of 1.56. The business has a fifty day simple moving average of $23.18 and a 200 day simple moving average of $28.88. Hillenbrand has a 12 month low of $18.36 and a 12 month high of $46.92. The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33.

Hillenbrand (NYSE:HI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.54 by $0.06. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. The company had revenue of $715.90 million for the quarter, compared to analyst estimates of $691.00 million. During the same quarter in the prior year, the business posted $0.76 EPS. Hillenbrand's quarterly revenue was down 8.8% on a year-over-year basis.

Institutional Investors Weigh In On Hillenbrand

Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp raised its stake in Hillenbrand by 0.5% during the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company's stock valued at $2,469,000 after purchasing an additional 387 shares during the last quarter. CWM LLC raised its position in shares of Hillenbrand by 6.4% during the first quarter. CWM LLC now owns 10,063 shares of the company's stock valued at $243,000 after buying an additional 608 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Hillenbrand by 107.5% during the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock valued at $36,000 after buying an additional 614 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Hillenbrand by 6.1% in the fourth quarter. Bank of Montreal Can now owns 13,039 shares of the company's stock valued at $401,000 after buying an additional 746 shares during the period. Finally, Cetera Investment Advisers grew its position in Hillenbrand by 8.8% during the fourth quarter. Cetera Investment Advisers now owns 9,574 shares of the company's stock worth $295,000 after buying an additional 773 shares in the last quarter. 89.09% of the stock is owned by institutional investors.

Hillenbrand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.225 per share. The ex-dividend date is Monday, June 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.31%. Hillenbrand's dividend payout ratio (DPR) 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.