Hillenbrand (NYSE:HI) Receives "Hold (C-)" Rating from Weiss Ratings

Hillenbrand (NYSE:HI - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Zacks Research raised Hillenbrand from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $32.00.

Hillenbrand Price Performance

Shares of Hillenbrand stock opened at $26.29 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 1.23. The company's 50-day moving average price is $24.51 and its two-hundred day moving average price is $22.45. Hillenbrand has a 52 week low of $18.36 and a 52 week high of $35.59. The stock has a market cap of $1.85 billion, a PE ratio of -105.16 and a beta of 1.46.

Hillenbrand (NYSE:HI - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. The firm had revenue of $598.90 million for the quarter, compared to analysts' expectations of $572.48 million. Hillenbrand had a negative net margin of 0.63% and a positive return on equity of 13.53%. Hillenbrand's revenue for the quarter was down 23.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share. Hillenbrand has set its FY 2025 guidance at 2.200-2.350 EPS. As a group, sell-side analysts anticipate that Hillenbrand will post 2.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Texas Permanent School Fund Corp increased its holdings in shares of Hillenbrand by 32.1% during the 2nd quarter. Texas Permanent School Fund Corp now owns 43,067 shares of the company's stock worth $864,000 after acquiring an additional 10,472 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in Hillenbrand by 4.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 75,549 shares of the company's stock valued at $1,516,000 after purchasing an additional 3,002 shares during the period. Osaic Holdings Inc. boosted its stake in Hillenbrand by 74.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,965 shares of the company's stock valued at $40,000 after purchasing an additional 836 shares during the period. Public Sector Pension Investment Board boosted its stake in Hillenbrand by 7.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 239,799 shares of the company's stock valued at $4,813,000 after purchasing an additional 16,483 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in Hillenbrand by 266.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 12,671 shares of the company's stock valued at $254,000 after purchasing an additional 9,211 shares during the period. 89.09% of the stock is owned by institutional investors and hedge funds.

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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