Hillenbrand (NYSE:HI) Issues Quarterly Earnings Results

Key Points

• Hillenbrand reported earnings of $0.51 per share for the quarter, exceeding the consensus estimate of $0.50.
• The company also updated its FY 2025 guidance to an EPS range of 2.200-2.350.
• Shares of Hillenbrand traded up 0.4% to $19.80, with an overall market capitalization of $1.39 billion.

Hillenbrand (NYSE:HI - Get Free Report) posted its earnings results on Monday. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.01, Zacks reports. Hillenbrand had a negative net margin of 8.82% and a positive return on equity of 15.03%. Hillenbrand updated its FY 2025 guidance to 2.200-2.350 EPS.

Hillenbrand Trading Up 0.4%

Shares of Hillenbrand stock traded up $0.08 during mid-day trading on Monday, hitting $19.80. 706,613 shares of the stock were exchanged, compared to its average volume of 507,803. Hillenbrand has a twelve month low of $18.36 and a twelve month high of $35.59. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of -5.20 and a beta of 1.46. The company has a 50-day simple moving average of $20.99 and a 200 day simple moving average of $23.81. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.39.

Institutional Investors Weigh In On Hillenbrand

Several hedge funds have recently modified their holdings of HI. Jones Financial Companies Lllp boosted its stake in shares of Hillenbrand by 622.7% during the 1st quarter. Jones Financial Companies Lllp now owns 3,729 shares of the company's stock worth $90,000 after purchasing an additional 3,213 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Hillenbrand by 37.0% in the first quarter. Royal Bank of Canada now owns 9,950 shares of the company's stock worth $240,000 after acquiring an additional 2,687 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Hillenbrand by 154.2% in the first quarter. AQR Capital Management LLC now owns 31,096 shares of the company's stock worth $751,000 after acquiring an additional 18,863 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Hillenbrand by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,786 shares of the company's stock worth $1,009,000 after acquiring an additional 1,829 shares during the last quarter. Finally, Intech Investment Management LLC boosted its position in shares of Hillenbrand by 13.0% in the first quarter. Intech Investment Management LLC now owns 52,139 shares of the company's stock worth $1,259,000 after acquiring an additional 5,993 shares during the last quarter. 89.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. DA Davidson dropped their target price on shares of Hillenbrand from $33.00 to $24.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. KeyCorp downgraded shares of Hillenbrand from an "overweight" rating to a "sector weight" rating in a report on Thursday, May 8th.

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.

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