Hillenbrand Inc $HI Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in Hillenbrand Inc (NYSE:HI - Free Report) by 35.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 127,253 shares of the company's stock after purchasing an additional 33,590 shares during the period. American Century Companies Inc. owned 0.18% of Hillenbrand worth $2,554,000 at the end of the most recent reporting period.5 High Short-Interest Stocks to Buy Before Q1 2026A number of other institutional investors have also recently added to or reduced their stakes in HI. Public Employees Retirement System of Ohio increased its position in Hillenbrand by 29.0% in the second quarter. Public Employees Retirement System of Ohio now owns 2,432 shares of the company's stock worth $49,000 after buying an additional 547 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Hillenbrand in the 1st quarter worth about $84,000. Jones Financial Companies Lllp lifted its position in Hillenbrand by 622.7% in the 1st quarter. Jones Financial Companies Lllp now owns 3,729 shares of the company's stock valued at $90,000 after purchasing an additional 3,213 shares during the last quarter. Wealthedge Investment Advisors LLC acquired a new position in Hillenbrand during the 1st quarter valued at about $204,000. Finally, Royal Bank of Canada grew its position in Hillenbrand by 37.0% in the 1st quarter. Royal Bank of Canada now owns 9,950 shares of the company's stock worth $240,000 after purchasing an additional 2,687 shares during the last quarter. 89.09% of the stock is currently owned by institutional investors. Hillenbrand Stock PerformanceShares of NYSE HI opened at $31.82 on Wednesday. The stock's fifty day simple moving average is $30.56 and its 200 day simple moving average is $25.35. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 52.16 and a beta of 1.39. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.05. Hillenbrand Inc has a 52-week low of $18.36 and a 52-week high of $35.59. Hims, Block, and NRG Just Launched Huge Stock Buybacks Hillenbrand (NYSE:HI - Get Free Report) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.21. The business had revenue of $652.10 million during the quarter, compared to analyst estimates of $592.25 million. Hillenbrand had a return on equity of 12.69% and a net margin of 1.61%.Hillenbrand's revenue for the quarter was down 22.1% on a year-over-year basis. During the same quarter last year, the company posted $1.01 EPS. As a group, sell-side analysts forecast that Hillenbrand Inc will post 2.53 earnings per share for the current fiscal year. Hillenbrand Increases DividendThe company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be given a $0.2275 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.9%. This is an increase from Hillenbrand's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Tuesday, December 16th. Hillenbrand's payout ratio is 147.54%. Analyst Upgrades and DowngradesMarketBeat Week in Review – 11/17 - 11/21A number of research firms have recently weighed in on HI. Zacks Research cut Hillenbrand from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 8th. CJS Securities reaffirmed a "market perform" rating and set a $32.00 target price on shares of Hillenbrand in a research note on Thursday, October 16th. DA Davidson reissued a "neutral" rating and issued a $32.00 price target on shares of Hillenbrand in a research note on Thursday, November 20th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Hillenbrand in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $32.00.Check Out Our Latest Stock Analysis on HIHillenbrand Company Profile (Free Report)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.Further ReadingFive stocks we like better than HillenbrandWhat is a Death Cross in Stocks?Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 RetailersHow to Invest in the FAANG Stocks10X Gains? These 3 Robotics Stocks Could Explode by 2035Low PE Growth Stocks: Unlocking Investment OpportunitiesAnheuser-Busch Buys BeatBox to Win Over Younger DrinkersWant to see what other hedge funds are holding HI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hillenbrand Inc (NYSE:HI - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hillenbrand Right Now?Before you consider Hillenbrand, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hillenbrand wasn't on the list.While Hillenbrand currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here