Hillenbrand, Inc. (NYSE:HI – Get Rating) – Research analysts at DA Davidson issued their Q4 2022 earnings per share (EPS) estimates for Hillenbrand in a research report issued on Monday, August 8th. DA Davidson analyst M. Summerville forecasts that the company will post earnings per share of $1.03 for the quarter. DA Davidson currently has a “Buy” rating on the stock. The consensus estimate for Hillenbrand’s current full-year earnings is $3.90 per share.
Hillenbrand (NYSE:HI – Get Rating) last announced its quarterly earnings data on Monday, May 9th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.02. Hillenbrand had a net margin of 7.03% and a return on equity of 23.13%. The company had revenue of $742.00 million during the quarter, compared to analyst estimates of $728.05 million. During the same period in the previous year, the business earned $0.98 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis.
Separately, StockNews.com upgraded shares of Hillenbrand from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 12th.
Hillenbrand Trading Down 3.1 %
Shares of HI stock opened at $43.79 on Tuesday. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 0.97 and a beta of 1.37. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.33 and a quick ratio of 0.85. The firm has a fifty day moving average price of $41.96 and a 200-day moving average price of $43.47. Hillenbrand has a 1 year low of $37.84 and a 1 year high of $54.15.
Insider Activity at Hillenbrand
In related news, CFO Robert M. Vanhimbergen bought 6,000 shares of the company’s stock in a transaction dated Monday, June 6th. The shares were acquired at an average price of $44.00 per share, for a total transaction of $264,000.00. Following the completion of the transaction, the chief financial officer now directly owns 6,000 shares in the company, valued at $264,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.08% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings in shares of Hillenbrand by 115.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 764,485 shares of the company’s stock valued at $39,745,000 after buying an additional 409,500 shares in the last quarter. JPMorgan Chase & Co. raised its position in Hillenbrand by 85.1% during the 4th quarter. JPMorgan Chase & Co. now owns 613,071 shares of the company’s stock worth $31,875,000 after buying an additional 281,869 shares during the last quarter. LSV Asset Management raised its position in Hillenbrand by 13.9% during the 1st quarter. LSV Asset Management now owns 2,223,563 shares of the company’s stock worth $98,215,000 after buying an additional 271,154 shares during the last quarter. Royce & Associates LP raised its position in Hillenbrand by 717.8% during the 1st quarter. Royce & Associates LP now owns 228,929 shares of the company’s stock worth $10,112,000 after buying an additional 200,936 shares during the last quarter. Finally, GW Henssler & Associates Ltd. acquired a new position in shares of Hillenbrand during the 2nd quarter worth $6,947,000. Institutional investors and hedge funds own 85.91% of the company’s stock.
Hillenbrand Company Profile
Hillenbrand, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. 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, as well as equipment system design; and 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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