|Bid||32.51 x 800|
|Ask||32.52 x 800|
|Day's Range||31.71 - 32.60|
|52 Week Range||26.01 - 46.00|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||16.93|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||0.84 (2.60%)|
|1y Target Est||49.50|
Is Hillenbrand, Inc. (NYSE:HI) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus […]
The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2125 per share on the company's common stock. On an annualized basis, this is an increase of $0.01 per share to a total rate of $0.85 per share in fiscal 2020. The dividend is payable December 31, 2019, to shareholders of record at the close of business on December 17, 2019.
A former Milacron Holdings Corp. executive has been named to the C-suite of Hillenbrand Inc., which recently purchased the West Chester-based manufacturer.
Potential Hillenbrand, Inc. (NYSE:HI) shareholders may wish to note that the Senior Vice President, Christopher...
Hillenbrand, Inc. (NYSE: HI) has named Andrew (Andy) Kitzmiller as its Vice President, Chief Accounting Officer and Controller, effective November 21, 2019.
Moody's Investors Service ("Moody's") has withdrawn the ratings of Milacron LLC ("Milacron"), including the B2 corporate family rating, B2 rating on its senior secured (term loan) bank credit facility due September 2023 and SGL-2 speculative grade liquidity rating. The ratings withdrawal follows the consummation of Milacron's acquisition by Hillenbrand, Inc., which resulted in the full repayment of the company's debt on November 21, 2019. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings available on its website, www.moodys.com.
Greater Cincinnati has one fewer public company today as two local firms officially join forces. Batesville, Ind.-based Hillenbrand Inc. (NYSE: HI) has acquired Blue Ash-based Milacron (NYSE: MCRN) in a cash and stock deal valued at $1.9 billion, the company announced on Thursday. “The completion of the Milacron acquisition represents a pivotal step in our journey to become a world-class global diversified industrial company, and we look forward to realizing the benefits of this transformative transaction as we continue to execute our strategy to drive profitable growth,” Hillenbrand CEO and president Joe Raver said in a statement.
BATESVILLE, Ind., Nov. 21, 2019 /PRNewswire/ -- Hillenbrand, Inc. (HI) today announced it has completed the acquisition of Milacron Holdings Corp. in a cash and stock transaction valued at approximately $1.9 billion, including the repayment of Milacron's outstanding debt. "The completion of the Milacron acquisition represents a pivotal step in our journey to become a world-class global diversified industrial company, and we look forward to realizing the benefits of this transformative transaction as we continue to execute our strategy to drive profitable growth," said Joe Raver, President and Chief Executive Officer of Hillenbrand. Under the terms of the merger agreement entered into on July 12, 2019, Milacron stockholders 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, representing approximately 16% of Hillenbrand's outstanding shares on a post-close basis.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...
Hillenbrand, Inc. (HI) reported results today for the fourth quarter and full fiscal year, which ended September 30, 2019. Excluding the negative impact of foreign currency exchange, revenue increased 4%. The growth was driven primarily by an increase of 3% in the Process Equipment Group segment, including 1% from the acquisition of BM&M Screening Solutions Ltd. Batesville revenue was essentially flat.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Milacron LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
BATESVILLE, Ind. , Nov. 4, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, November 14, 2019 , at 8:00 a.m. ET . They will discuss the results ...
BATESVILLE, Ind. , Oct. 30, 2019 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) President and Chief Executive Officer Joe Raver will be presenting at the Baird 2019 Global Industrial Conference in Chicago ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hillenbrand, Inc. New York, October 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hillenbrand, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
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.
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.