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Recommendations
Hillenbrand price target raised to $35 from $30 at DA Davidson » 09:26
06/10/20
06/10
09:26
06/10/20
09:26
HI

Hillenbrand

$28.90 /

-0.475 (-1.62%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville raised the firm's price target on Hillenbrand to $35 from $30 and keeps a Buy rating on the shares. The analyst notes that after a virtual NDR with the company management, he is more "favorably disposed toward the long-cycle nature of its large polyolefin project business". Summerville adds that Hillenbrand offers short-cycle upside with its recently acquired Milacron business, which should benefit if a macro rebound can transpire more quickly.

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HI Hillenbrand
$28.90 /

-0.475 (-1.62%)

HI Hillenbrand
$28.90 /

-0.475 (-1.62%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
HI Hillenbrand
$28.90 /

-0.475 (-1.62%)

Over a month ago
Conference/Events
Hillenbrand participates in a conference call hosted by Sidoti » 04:55
06/02/20
06/02
04:55
06/02/20
04:55
HI

Hillenbrand

$26.25 /

+0.41 (+1.59%)

Conference call with…

Conference call with management to be held on June 2 hosted by Sidoti.

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HI Hillenbrand
$26.25 /

+0.41 (+1.59%)

HI Hillenbrand
$26.25 /

+0.41 (+1.59%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
HI Hillenbrand
$26.25 /

+0.41 (+1.59%)

Conference/Events
Hillenbrand participates in a conference call hosted by Sidoti » 11:27
05/29/20
05/29
11:27
05/29/20
11:27
HI

Hillenbrand

$25.68 /

-0.565 (-2.15%)

Conference call with…

Conference call with management to be held on June 2 hosted by Sidoti.

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HI Hillenbrand
$25.68 /

-0.565 (-2.15%)

HI Hillenbrand
$25.68 /

-0.565 (-2.15%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
HI Hillenbrand
$25.68 /

-0.565 (-2.15%)

Hot Stocks
Jana takes new stakes in Hillenbrand, New Relic during first quarter » 08:54
05/15/20
05/15
08:54
05/15/20
08:54
HI

Hillenbrand

$19.12 /

+0.455 (+2.44%)

, NEWR

New Relic

$58.22 /

+1.62 (+2.86%)

, ZBH

Zimmer Biomet

$111.97 /

+0.92 (+0.83%)

, WMGI

Wright Medical

$29.68 /

+0.02 (+0.07%)

, AXTA

Axalta Coating

$19.57 /

+0.415 (+2.17%)

, JACK

Jack in the Box

$65.39 /

+1.8 (+2.83%)

, BLMN

Bloomin' Brands

$9.35 /

+0.17 (+1.85%)

, CAG

Conagra Brands

$33.82 /

-0.23 (-0.68%)

, ELY

Callaway Golf

$11.50 /

-0.23 (-1.96%)

, SPY

SPDR S&P 500 ETF Trust

$285.06 /

+3.39 (+1.20%)

, HDS

HD Supply

$26.72 /

+0.3 (+1.14%)

Barry Rosenstein's…

Barry Rosenstein's Jana Partners disclosed in a regulatory filing its holdings as of March 31, 2020. Jana made two new buys during the first quarter: it bought 3.66M shares of Hillenbrand (HI) and 846,872 shares of New Relic (NEWR). The fund exited two positions in the quarter, selling 350,000 shares of Zimmer Biomet (ZBH) and 648,445 shares of Wright Medical Group (WMGI). Jana increased its stake in three positions, buying more of Axalta Coating (AXTA), Jack in the Box (JACK) and Bloomin' Brands (BLMN). The fund reduced its stake in four holdings: Conagra Brands (CAG), Callaway Golf (ELY), SPDR S&P 500 ETF Trust (SPY) and HD Supply Holdings (HDS). Jana's top holdings as of March 31, in order of size, were Conagra Brands, Hillenbrand, Callaway Golf, SPDR S&P 500 ETF Trust and Axalta.

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ZBH Zimmer Biomet
$111.97 /

+0.92 (+0.83%)

WMGI Wright Medical
$29.68 /

+0.02 (+0.07%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

NEWR New Relic
$58.22 /

+1.62 (+2.86%)

JACK Jack in the Box
$65.39 /

+1.8 (+2.83%)

HI Hillenbrand
$19.12 /

+0.455 (+2.44%)

HDS HD Supply
$26.72 /

+0.3 (+1.14%)

ELY Callaway Golf
$11.50 /

-0.23 (-1.96%)

CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

BLMN Bloomin' Brands
$9.35 /

+0.17 (+1.85%)

AXTA Axalta Coating
$19.57 /

+0.415 (+2.17%)

HI Hillenbrand
$19.12 /

+0.455 (+2.44%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
NEWR New Relic
$58.22 /

+1.62 (+2.86%)

05/15/20 Needham
New Relic price target raised to $79 from $74 at Needham
05/15/20 Cowen
New Relic price target raised to $75 from $70 at Cowen
05/15/20 Morgan Stanley
New Relic price target raised to $70 from $50 at Morgan Stanley
04/27/20 Needham
New Relic price target lowered to $74 from $108 at Needham
ZBH Zimmer Biomet
$111.97 /

+0.92 (+0.83%)

05/12/20 SVB Leerink
Zimmer Biomet price target raised to $136 from $130 at SVB Leerink
05/12/20 Deutsche Bank
Zimmer Biomet price target lowered to $146 from $160 at Deutsche Bank
05/12/20 Wells Fargo
Zimmer Biomet price target raised to $132 from $124 at Wells Fargo
05/12/20 Stifel
Zimmer Biomet price target raised to $130 from $111 at Stifel
WMGI Wright Medical
$29.68 /

+0.02 (+0.07%)

03/13/20 Needham
Needham downgrades Wright Medical, sees higher bid as unlikely in current market
03/13/20 Needham
Wright Medical downgraded to Hold from Buy at Needham
01/07/20 Piper Sandler
Stryker downgraded to Neutral from Overweight at Piper Sandler
12/24/19 Jefferies
Wright Medical downgraded to Hold from Buy at Jefferies
AXTA Axalta Coating
$19.57 /

+0.415 (+2.17%)

05/12/20 Goldman Sachs
Axalta Coating upgraded to Buy from Neutral at Goldman Sachs
04/03/20 JPMorgan
Axalta Coating price target lowered to $20 from $33 at JPMorgan
04/02/20 BMO Capital
Axalta Coating price target lowered to $28 from $35 at BMO Capital
04/01/20 Deutsche Bank
Axalta Coating price target lowered to $20 from $32 at Deutsche Bank
JACK Jack in the Box
$65.39 /

+1.8 (+2.83%)

05/15/20 Cowen
Jack in the Box price target raised to $68 from $42 at Cowen
05/15/20 Wells Fargo
Jack in the Box price target raised to $89 from $72 at Wells Fargo
05/14/20 Oppenheimer
Jack in the Box price target raised to $75 from $70 at Oppenheimer
05/11/20 SunTrust
Jack in the Box price target raised to $79 from $66 at SunTrust
BLMN Bloomin' Brands
$9.35 /

+0.17 (+1.85%)

05/13/20 Loop Capital
Bloomin' Brands price target lowered to $15 from $27 at Loop Capital
05/11/20 Guggenheim
Bloomin' Brands price target raised to $15 from $11 at Guggenheim
05/05/20 Wells Fargo
Bloomin' Brands price target lowered to $11 from $23 at Wells Fargo
04/17/20 Deutsche Bank
Bloomin' Brands price target lowered to $14 from $23 at Deutsche Bank
CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

05/11/20 SunTrust
Conagra Brands downgraded to Hold from Buy at SunTrust
05/11/20 SunTrust
Conagra Brands downgraded to Hold from Buy at SunTrust
03/18/20 Bernstein
Conagra Brands upgraded to Market Perform from Underperform at Bernstein
02/27/20 Standpoint Research
Conagra Brands upgraded to Buy from Hold at Standpoint Research
ELY Callaway Golf
$11.50 /

-0.23 (-1.96%)

05/11/20 Compass Point
Callaway Golf price target lowered to $17.50 from $20 at Compass Point
05/08/20 SunTrust
Callaway Golf price target raised to $16 from $10 at SunTrust
05/01/20 Cowen
Callaway Golf price target raised to $18 from $9 at Cowen
03/24/20 Cowen
Callaway Golf upgraded to Outperform at Cowen
SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

03/11/20 Goldman Sachs
Goldman Sachs believes the S&P 500 bull market will soon end
02/27/20 Keefe Bruyette
Stock market may rally Monday on 'Biden bounce,' Keefe Bruyette says
02/24/20
Dow Jones futures decline over 800 points ahead of today's open
12/16/19 Piper Sandler
Piper establishes 2020 S&P 500 price objective of 3,600
HDS HD Supply
$26.72 /

+0.3 (+1.14%)

04/29/20 Wells Fargo
HD Supply downgraded to Equal Weight at Wells Fargo
04/29/20 Wells Fargo
HD Supply downgraded to Equal Weight from Overweight at Wells Fargo
04/01/20 Longbow
HD Supply downgraded to Neutral from Buy at Longbow
03/30/20 BofA
HD Supply upgraded to Buy from Neutral at BofA
ZBH Zimmer Biomet
$111.97 /

+0.92 (+0.83%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

NEWR New Relic
$58.22 /

+1.62 (+2.86%)

JACK Jack in the Box
$65.39 /

+1.8 (+2.83%)

HI Hillenbrand
$19.12 /

+0.455 (+2.44%)

HDS HD Supply
$26.72 /

+0.3 (+1.14%)

ELY Callaway Golf
$11.50 /

-0.23 (-1.96%)

CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

BLMN Bloomin' Brands
$9.35 /

+0.17 (+1.85%)

AXTA Axalta Coating
$19.57 /

+0.415 (+2.17%)

WMGI Wright Medical
$29.68 /

+0.02 (+0.07%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

ELY Callaway Golf
$11.50 /

-0.23 (-1.96%)

CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

BLMN Bloomin' Brands
$9.35 /

+0.17 (+1.85%)

AXTA Axalta Coating
$19.57 /

+0.415 (+2.17%)

ZBH Zimmer Biomet
$111.97 /

+0.92 (+0.83%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

NEWR New Relic
$58.22 /

+1.62 (+2.86%)

JACK Jack in the Box
$65.39 /

+1.8 (+2.83%)

ELY Callaway Golf
$11.50 /

-0.23 (-1.96%)

CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

WMGI Wright Medical
$29.68 /

+0.02 (+0.07%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

JACK Jack in the Box
$65.39 /

+1.8 (+2.83%)

CAG Conagra Brands
$33.82 /

-0.23 (-0.68%)

AXTA Axalta Coating
$19.57 /

+0.415 (+2.17%)

SPY SPDR S&P 500 ETF Trust
$285.06 /

+3.39 (+1.20%)

Earnings
Hillenbrand sees Q3 results 'lower' y/y » 16:43
05/06/20
05/06
16:43
05/06/20
16:43
HI

Hillenbrand

$18.88 /

-0.83 (-4.21%)

"As previously…

"As previously communicated on April 6, 2020, Hillenbrand temporarily suspended fiscal 2020 guidance due to the uncertain duration and impact of the COVID-19 pandemic on operational and financial performance. We intend to reintroduce our full year outlook as the situation allows. At this time, Hillenbrand anticipates its fiscal third quarter performance will be lower year-over-year based on reduced global economic activity."

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HI Hillenbrand
$18.88 /

-0.83 (-4.21%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
Earnings
Hillenbrand reports Q2 adjusted EPS 53c, consensus 39c » 16:42
05/06/20
05/06
16:42
05/06/20
16:42
HI

Hillenbrand

$18.88 /

-0.83 (-4.21%)

Reports Q2 revenue $649M,…

Reports Q2 revenue $649M, consensus $647.7M.

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HI Hillenbrand
$18.88 /

-0.83 (-4.21%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
Over a quarter ago
Hot Stocks
Hillenbrand withdraws FY20 guidance, suspends share repurchase program » 16:55
04/06/20
04/06
16:55
04/06/20
16:55
HI

Hillenbrand

$18.71 /

+1.99 (+11.90%)

Hillenbrand provided the…

Hillenbrand provided the following update regarding its actions to address the impact of the COVID-19 pandemic on the company's business. "The COVID-19 pandemic has affected all of us. Hillenbrand's priority in responding to the crisis has been on protecting the health and wellbeing of our employees and serving our customers globally," said Joe Raver, President and CEO of Hillenbrand. "In addition, we are taking several decisive actions we believe will lessen the financial impact on the business while protecting our ability to continue to generate profitable growth over the long term. I am proud of our organization for stepping up to the challenges we are currently facing and working collaboratively for the safety of our people, continuity of our operations and service to our customers." As of April 6, 2020, all significant global production locations remained open and able to operate at or near normal production levels. The company said it is working with the appropriate authorities with a goal to keep our critical operations open as suppliers to essential businesses. "We have experienced disruptions at some smaller facilities in locations such as India as we take actions to comply with temporary government restrictions related to the COVID-19 pandemic," it said. "These affected facilities account for approximately 5% of expected revenue. We are closely monitoring the supply chain and taking actions as needed to mitigate disruptions. We continue to work with our suppliers and customers to preserve business continuity and prepare for anticipated developments." Due to the uncertainty of the current environment, Hillenbrand has implemented proactive measures to help mitigate the financial and operational impact of COVID-19 by reducing expenses and conserving cash. These measures include: Voluntary reduction in CEO base salary by 30% through at least the end of the fiscal year; Voluntary waiver by the Board of Directors of its scheduled cash compensation increase for 2020; Cancellation of all regularly scheduled merit-based salary increases for salaried US- and Canada-based employees for 2020; Suspension of all hiring for exempt and nonexempt positions, except for critical positions; Reduction in capital spend while prioritizing critical maintenance, safety and regulatory projects; Additional actions may be taken in certain businesses in response to lower customer demand, including temporary reductions in work hours, furloughs or layoffs, if required; and the company's share repurchase program remains suspended. Given the uncertainty related to the impact of the COVID-19 virus on its business, Hillenbrand is suspending fiscal year 2020 guidance.

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HI Hillenbrand
$18.71 /

+1.99 (+11.90%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
Hot Stocks
Hillenbrand to sell Cimcool business to DuBois Chemicals for $224M in cash » 09:17
03/20/20
03/20
09:17
03/20/20
09:17
HI

Hillenbrand

$16.03 /

+1.71 (+11.94%)

Hillenbrand announced…

Hillenbrand announced that it has reached a definitive agreement to sell its Cimcool business to DuBois Chemicals. The sale follows Hillenbrand's previously announced strategic review of alternatives for this business, which was part of the 2019 acquisition of Milacron Holdings Corp. Hillenbrand's wholly-owned subsidiary, Milacron, entered into an Equity and Asset Purchase Agreement with DuBois, pursuant to which DuBois will acquire the Cimcool business at a purchase price of approximately $224M in cash, subject to certain customary closing adjustments. In addition, DuBois has agreed to pay up to $26M in contingent purchase price upon a future sale of the combined DuBois and Cimcool businesses, conditioned upon DuBois' ultimate sponsor receiving elevated levels of return on equity, for an aggregate purchase price not to exceed $250M should these conditions be met. Consistent with its current capital allocation priorities, Hillenbrand intends to use proceeds from the sale for de-leveraging activities. The closing of the transaction is expected to occur on March 30, subject to customary closing conditions. Employee consultations required by law may result in a second closing for the Dutch portion of the business, and if required, Milacron has agreed to operate the Dutch business for the benefit of DuBois until that closing, as provided in relevant transaction documents.

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HI Hillenbrand
$16.03 /

+1.71 (+11.94%)

03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
Recommendations
Hillenbrand price target lowered to $35 from $43 at DA Davidson » 08:51
03/18/20
03/18
08:51
03/18/20
08:51
HI

Hillenbrand

$17.75 /

+0.88 (+5.22%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville lowered the firm's price target on Hillenbrand to $35 from $43 but keeps a Buy rating on the shares. The analyst notes that after a 50% decline in price, the stock is now among his top small-cap value names. While it is prudent to reduce estimates due to COVID-19 demand disruptions, Hillenbrand is excessively cheap at current levels, Summerville tells investors in a research note.

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HI Hillenbrand
$17.75 /

+0.88 (+5.22%)

10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
07/15/19 DA Davidson
Hillenbrand upgraded to Buy from Neutral at DA Davidson
Hot Stocks
MSA Safety names Glennis Williams as Chief Human Resource Officer » 08:02
02/21/20
02/21
08:02
02/21/20
08:02
MSA

MSA Safety

$132.61 /

-8.05 (-5.72%)

, HI

Hillenbrand

$26.98 /

+0.715 (+2.72%)

MSA Safety (MSA)…

MSA Safety (MSA) announced that Glennis Williams has joined the company as Vice President and Chief Human Resource Officer. New to MSA, Williams joins the company's Executive Leadership Team and succeeds Paul Uhler, who will retire from the organization in May. With more than 20 years of international HR experience, Williams comes to MSA from Hillenbrand (HI).

ShowHide Related Items >><<
MSA MSA Safety
$132.61 /

-8.05 (-5.72%)

HI Hillenbrand
$26.98 /

+0.715 (+2.72%)

10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
07/31/19 Baird
Milacron downgraded to Neutral at Baird
07/15/19
Fly Intel: Top five analyst upgrades
07/15/19 DA Davidson
Hillenbrand upgraded to Buy from Neutral at DA Davidson

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