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HILLENBRAND (HI) Stocks

ABOUT HILLENBRAND

๐Ÿ“Šย Hillenbrand Inc. is a diversified industrial company.

๐Ÿ“Š Its portfolio offers numerous industrial products and services to industries around the globe.

๐Ÿ“Š The company operates through its Batesville division and its Process Equipment Group division. Batesville is a leader in the North American death care industry. Process Equipment Group designs, develops and manufactures highly engineered industrial products.

๐Ÿ“Š The company also has a manufacturing business of highly engineered displacement pumps, named ABEL, that is well-known around the world for its quality services and products used in difficult, mission critical operations.

๐Ÿ“Š Coperion is a technology leader and provides its products internationally. Products include machines and components used in chemicals, plastics, minerals, pharmaceutical and food industries.

๐Ÿ“Š Red Valve offers its products and services to wastewater treatment plants, mining processes, chemical processes and power plants. These are just a few of the several businesses of Hillenbrand.

๐Ÿ“Š Hillenbrand Inc. employs more than 6 500 people and its headquarters are in Batesville, Indiana.

HISTORY OF HILLENBRAND

  • In 1906 John Hillenbrand buys the Batesville Casket Company.

  • In 1929 his son, William Hillenbrand, creates a hospital furniture manufacturer gives it the name Hill-Rom.

  • In 1971 the two companies create Hillenbrand Industries and it becomes a public company.

  • In 2008 Hillenbrand Inc. is created as a parent company of Batesville Casket Company.

  • In 2010 Hillenbrand buys K-Tron.

  • The transaction adds TerraSource Global to the companyโ€™s portfolio.

  • Rotex is purchased during the next year and the company can now technologically development screening machines. It also buys Coperion, a company that specializes in feeding technology, compounding systems and bulk material handling systems.

  • During 2013 the company merges K-Tron with Coperion. A pump manufacturing company, ABEL Pumps, is purchased in 2015.

  • From 2016 to 2018 Hillenbrand buys Red Valve as well as BM&M Screening Solutions, expanding its portfolio with flow control solutions and high-speed gyratory screeners.

VISION & VALUES OF HILLENBRAND

  • Hillenbrand Inc.โ€™s mission is to deliver superior returns to its shareholders, be a responsible company to its surrounding communities, offer world-class products and services to its customers at affordable prices and create opportunities for its employees.

  • Hillenbrand pursues a robust cash generation and profitable growth. The companyโ€™s vision is to be the leader in the industry.

  • Its core values include courage, individual worth and integrity, customer focus and partnership, excellence in execution as well as continuous learning and improvement.

  • Hillenbrand supports its communities by donating to programs and organizations that supports the same values as the company.

MARKET PERFORMANCE OF HILLENBRAND

  • Hillenbrand Inc. trades on the New York Stock Exchange under the NYSE stock symbol โ€œHIโ€.

  • Data analysis for the companyโ€™s quarterly period ending June 30, 2019 reports a net revenue of $ 446.6 million.

  • Gross profit is $ 148.4 million and operating expenses are $ 90.8 million.

  • Total assets are $ 1,890.6 million. Cash and cash equivalents are $ 64.4 million. Dividends are $ 13.2 million, $ 0.2100 per share.

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