Hillenbrand (NYSE:HI – Get Free Report) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.52-0.57 for the period, compared to the consensus earnings per share estimate of $0.63. The company issued revenue guidance of $685-705 million, compared to the consensus revenue estimate of $747.35 million. Hillenbrand also updated its FY 2025 guidance to 2.800-3.150 EPS.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. DA Davidson lowered Hillenbrand from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $54.00 to $33.00 in a report on Monday, August 12th. StockNews.com downgraded shares of Hillenbrand from a “hold” rating to a “sell” rating in a report on Thursday. Finally, KeyCorp dropped their target price on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.67.
Hillenbrand Stock Performance
Hillenbrand Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.2225 per share. This represents a $0.89 annualized dividend and a dividend yield of 2.64%. The ex-dividend date was Monday, September 16th. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.22. Hillenbrand’s dividend payout ratio (DPR) is presently -29.77%.
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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