US stock futures muted with Jackson Hole, retail earnings on tap
BATESVILLE, Ind. - Hillenbrand, Inc. (NYSE: HI), a global industrial company with a market capitalization of $1.6 billion, announced a transition in its financial leadership as Senior Vice President and Chief Financial Officer Robert "Bob" VanHimbergen is set to depart on June 27, 2025. The company’s stock, which has seen an 8% gain over the past week according to InvestingPro data, has been experiencing significant price volatility in recent months. Megan Walke, currently Vice President, Corporate Controller, and Chief Accounting Officer, will step in as Interim CFO following VanHimbergen’s exit.
Walke, who has been with the company for over a decade, brings extensive experience to the interim role, having served as CAO since May 2022. Before her tenure at Hillenbrand, she worked in public accounting for nine years. The company has commenced a search for a permanent CFO with the assistance of an executive search firm.
Kim Ryan, President and CEO of Hillenbrand, expressed gratitude for VanHimbergen’s contributions over his three-year tenure, highlighting his role in the company’s transformation into a pure-play industrial entity. Ryan emphasized that Hillenbrand is strategically well-positioned, thanks in part to VanHimbergen’s efforts. InvestingPro data shows the company maintains strong financial fundamentals with a current ratio of 1.51 and has consistently raised its dividend for 17 consecutive years, though analysts anticipate a sales decline in the current year.
The press release also included forward-looking statements regarding Hillenbrand’s future performance. Such statements are inherently subject to risks and uncertainties, and actual results could differ materially from expectations. The company cautioned readers to consider these risks when evaluating forward-looking statements.
Hillenbrand’s portfolio includes recognized industrial brands serving sectors such as plastics, food, and recycling. The company’s mission is to provide mission-critical processing equipment and solutions globally, driven by a commitment to excellence, collaboration, and innovation. For a comprehensive analysis of Hillenbrand’s financial health and future prospects, investors can access detailed metrics and 12+ additional ProTips through InvestingPro’s exclusive research reports, which provide deep-dive analysis of 1,400+ top stocks.
This news report is based on a press release statement from Hillenbrand, Inc.
In other recent news, Hillenbrand Inc. reported its second-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved earnings per share (EPS) of $0.60, surpassing the forecasted $0.55, while revenue reached $716 million, above the anticipated $691.52 million. Despite these positive results, the company faces ongoing macroeconomic challenges, including tariffs and declining consumer confidence, which have led to a cautious outlook for future orders and potential revenue declines. KeyBanc Capital Markets recently downgraded Hillenbrand’s stock from Overweight to Sector Weight, citing concerns over demand, sales forecasts, and the company’s high leverage. The research firm also pointed out Hillenbrand’s weak pricing power in its Molding Technology Solutions segment as a contributing factor to its cautious stance. Hillenbrand’s management has updated its full-year revenue guidance to a range of $2.560 billion to $2.620 billion, with adjusted EPS projected between $2.10 and $2.45. The company continues to focus on strategic divestitures and improving its operational efficiencies to navigate the current economic uncertainties.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.