HI - Hillenbrand, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
29.73
-0.09 (-0.30%)
As of 11:18AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close29.82
Open29.56
Bid29.67 x 800
Ask29.70 x 1000
Day's Range29.32 - 29.74
52 Week Range26.01 - 51.31
Volume83,471
Avg. Volume744,460
Market Cap1.863B
Beta (3Y Monthly)1.35
PE Ratio (TTM)13.37
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.84 (2.82%)
Ex-Dividend Date2019-09-13
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • PR Newswire

    Hillenbrand Completes Financing to Fund Milacron Acquisition

    BATESVILLE, Ind., Oct. 11, 2019 /PRNewswire/ -- Hillenbrand, Inc. (HI) announced today that it has completed the permanent financing arrangements intended to fund a portion of the purchase price for its acquisition of Milacron Holdings Corp. with an amendment to its Third Amended and Restated Credit Agreement. In completing these arrangements, Hillenbrand has eliminated its previously announced bridge financing commitments related to its acquisition financing. Hillenbrand intends to use borrowings under the credit agreement, available cash and the net proceeds from its previously announced senior notes offering to finance the cash consideration as well as to repay certain indebtedness of Milacron and the related fees and expenses associated with the transaction.

  • PR Newswire

    Hillenbrand Signs the United Nations Global Compact

    BATESVILLE, Ind., Sept. 26, 2019 /PRNewswire/ -- Hillenbrand, Inc. (HI) today announced that it has signed the United Nations Global Compact (UNGC), a voluntary pledge to develop and exercise corporate responsibility programs and to begin increasing disclosure of the company's sustainable business practices. Hillenbrand joins over 9,500 companies pledging to more closely align business strategies to universally accepted principles in the areas of human rights, labor, environment and anti-corruption. "As a global diversified industrial company, we are committed to pursuing a leadership role and fulfilling our duty to improve the social and environmental impacts of our activities," said Joe Raver, President & CEO, Hillenbrand.

  • PR Newswire

    Hillenbrand Announces Launch and Pricing of an Aggregate of $375 Million Notes Offering

    BATESVILLE, Ind., Sept. 16, 2019 /PRNewswire/ -- Hillenbrand, Inc. (HI) has announced the launch and pricing of its public offering of $375 million aggregate principal amount of 4.50 percent senior notes due 2026. Hillenbrand intends to use the net proceeds from this offering as well as available cash, borrowings under its Third Amended and Restated Credit Agreement, including the revolving credit facility, and other potential additional sources of funding, to finance the cash consideration portion of the proposed acquisition of Milacron Holdings Corp. ("Milacron"), to repay certain indebtedness of Milacron and to pay the related fees and expenses associated with the transaction. The notes will be subject to a special mandatory redemption if Hillenbrand does not consummate the proposed acquisition of Milacron on or prior to July 6, 2020, or, if prior to such date, the merger agreement between Hillenbrand and Milacron is terminated.

  • PR Newswire

    Hillenbrand Announces Upcoming Investor Events

    BATESVILLE, Ind. , Sept. 13, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) today announced the following investor events: D.A. Davidson's 18th Annual Industrials & Services Conference on Wednesday, ...

  • PR Newswire

    Hillenbrand Declares Fourth Quarter Dividend of $0.21 Per Share

    BATESVILLE, Ind. , Aug. 21, 2019 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.21 per share on the company's common stock. ...

  • MILACRON INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Milacron Holdings Corp. - MCRN
    PR Newswire

    MILACRON INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Milacron Holdings Corp. - MCRN

    NEW ORLEANS , July 31, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...

  • PR Newswire

    Hillenbrand Reports Third Quarter Fiscal Year 2019 Financial Results

    As previously communicated, on July 12, 2019, Hillenbrand announced it has entered into an agreement to acquire Milacron Holdings Corp. Hillenbrand, Inc. (HI) reported results today for the third quarter of fiscal 2019, which ended June 30, 2019. Hillenbrand revenue of $447 million was flat compared to the prior year.

  • PR Newswire

    Hillenbrand to Present at the Jefferies 2019 Global Industrials Conference

    BATESVILLE, Ind. , July 24, 2019 /PRNewswire/ --Hillenbrand, Inc. (NYSE: HI) President and Chief Executive Officer, Joe A. Raver , will be presenting at the Jefferies Industrials Conference in New York ...

  • PR Newswire

    Hillenbrand Schedules Third Quarter 2019 Earnings Call for August 1, 2019

    BATESVILLE, Ind. , July 23, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, August 1, 2019 , at 8:00 a.m. ET . They will discuss the results ...

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Milacron Holdings, Corp.
    PR Newswire

    SHAREHOLDER ALERT: WeissLaw LLP Investigates Milacron Holdings, Corp.

    NEW YORK , July 16, 2019 /PRNewswire/ -- WeissLaw LLP  is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Milacron Holdings, Corp. ("MCRN" ...

  • GlobeNewswire

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Milacron Holdings Corp. to Hillenbrand, Inc. is Fair to Shareholders

    NEW YORK, July 12, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Milacron Holdings Corp..

  • PR Newswire

    Hillenbrand, Inc. to Acquire Milacron Holdings Corp.

    BATESVILLE, Ind. and CINCINNATI, July 12, 2019 /PRNewswire/ -- Hillenbrand, Inc. (HI) and Milacron Holdings Corp. (MCRN) today announced that they have entered into a definitive agreement under which Hillenbrand will acquire Milacron in a cash and stock transaction valued at approximately $2 billion, including net debt of approximately $686 million as of March 31, 2019. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Milacron stockholders will receive $11.80 in cash and a fixed exchange ratio of 0.1612 shares of Hillenbrand common stock for each share of Milacron common stock they own. Based on Hillenbrand's closing stock price on July 11, 2019, the last trading day prior to the announcement, the implied cash and stock consideration to be received by Milacron stockholders is $18.07 per share, representing a premium of approximately 34% to Milacron's closing stock price on July 11, 2019, and a premium of approximately 38% to Milacron's 30-day volume-weighted average price as of the close on July 11, 2019.

  • PR Newswire

    Hillenbrand to Present at CJS Securities Investor Conference

    BATESVILLE, Ind. , June 25, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) President and Chief Executive Officer Joe A. Raver will be presenting at the 19th Annual CJS Securities "New Ideas" ...

  • PR Newswire

    Hillenbrand to Present at UBS Global Industrials and Transportation Conference

    BATESVILLE, Ind. , May 16, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) President and Chief Executive Officer Joe A. Raver will be presenting at the UBS Global Industrials and Transportation Conference ...

  • PR Newswire

    Hillenbrand Launches Unique, Global Workforce Initiative

    BATESVILLE, Ind., May 15, 2019 /PRNewswire/ -- Hillenbrand, Inc. is launching a first-of-its-kind workforce initiative designed to attract and retain talented employees on a global scale. In partnership with Coperion, its subsidiary operating company headquartered in Stuttgart, Germany, Hillenbrand is looking to this unique program to help bridge the international gap in its workforce.

  • PR Newswire

    Hillenbrand Declares Third Quarter Dividend of $0.21 Per Share

    BATESVILLE, Ind. , May 8, 2019 The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.21 per share on the company's common stock. The dividend is payable ...

  • ACCESSWIRE

    Hillenbrand, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 2, 2019 / Hillenbrand, Inc. (NYSE: HI ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on May 2, 2019 at 8:00 AM Eastern Time. ...

  • PR Newswire

    Hillenbrand Reports Second Quarter Fiscal Year 2019 Financial Results

    BATESVILLE, Ind. , May 1, 2019 /PRNewswire/ -- Revenue of $465 million increased 3% YoY driven by Process Equipment Group revenue growth of 9% GAAP EPS of $0.60 increased $0.94 primarily as a result of ...

  • PR Newswire

    Hillenbrand Schedules Second Quarter 2019 Earnings Call for May 2, 2019

    BATESVILLE, Ind. , April 18, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, May 2, 2019 , at 8:00 a.m. ET . They will discuss the results ...

  • PR Newswire

    Hillenbrand Declares Second Quarter Dividend of $0.21 Per Share

    BATESVILLE, Ind. , Feb. 14, 2019 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.21 per share on the company's common stock. ...

  • PR Newswire

    Hillenbrand Reports First Quarter Fiscal Year 2019 Financial Results

    BATESVILLE, Ind. , Jan. 29, 2019 /PRNewswire/ -- Revenue of $410 million increased 3% year over year driven by Process Equipment Group revenue growth of 7% GAAP EPS of $0.45 increased 59% and adjusted ...

  • PR Newswire

    Hillenbrand Schedules First Quarter 2019 Earnings Call for January 30, 2019

    BATESVILLE, Ind. , Jan. 21, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Wednesday, January 30, 2019 , at 8:00 a.m. ET . They will discuss the ...

  • GlobeNewswire

    Investor Expectations to Drive Momentum within Boeing, Fitbit, Chesapeake Energy, Kroger, Medical Properties Trust, and Hillenbrand — Discovering Underlying Factors of Influence

    NEW YORK, Dec. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire

    Hillenbrand Announces New $200 Million Share Repurchase Program

    BATESVILLE, Ind., Dec. 7, 2018 /PRNewswire/ -- Hillenbrand, Inc. (HI) announced today that the Board of Directors authorized a new share repurchase program of up to $200 million in replacement of the company's prior stock repurchase program. As of September 30, 2018, the company had completed approximately $160.4 million in share repurchases under the prior program. The new $200 million program supports Hillenbrand's overall capital allocation strategy, which remains unchanged.