KeyCorp lowered shares of Hillenbrand (NYSE:HI – Free Report) from an overweight rating to a sector weight rating in a report published on Thursday, MarketBeat reports. KeyCorp also issued estimates for Hillenbrand’s Q3 2025 earnings at $0.50 EPS.
Other equities analysts have also recently issued research reports about the company. StockNews.com cut Hillenbrand from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. DA Davidson cut their price target on shares of Hillenbrand from $33.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, May 1st.
Read Our Latest Research Report on HI
Hillenbrand Stock Down 0.4 %
Hillenbrand (NYSE:HI – Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. The business had revenue of $715.90 million during the quarter, compared to analysts’ expectations of $691.00 million. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.76 EPS. Analysts forecast that Hillenbrand will post 2.53 earnings per share for the current year.
Hillenbrand Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.90 annualized dividend and a dividend yield of 4.33%. Hillenbrand’s dividend payout ratio is currently -23.62%.
Institutional Investors Weigh In On Hillenbrand
A number of hedge funds and other institutional investors have recently bought and sold shares of HI. Charles Schwab Investment Management Inc. grew its stake in shares of Hillenbrand by 5.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,142,805 shares of the company’s stock worth $27,587,000 after acquiring an additional 57,987 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Hillenbrand by 10.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,347 shares of the company’s stock valued at $467,000 after buying an additional 1,808 shares during the last quarter. TD Asset Management Inc bought a new stake in Hillenbrand during the 1st quarter worth about $518,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Hillenbrand during the 1st quarter worth about $686,000. Finally, Bernzott Capital Advisors boosted its stake in shares of Hillenbrand by 11.2% during the 1st quarter. Bernzott Capital Advisors now owns 224,574 shares of the company’s stock worth $5,421,000 after buying an additional 22,539 shares during the last quarter. Institutional investors and hedge funds own 89.09% of the company’s stock.
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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