Hillenbrand downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc analyst Jeffrey Hammond downgraded Hillenbrand (HI) to Sector Weight from Overweight without a price target The company’s recent demand uncertainty created by the current tariff regime and the likelihood of sales declines in fiscal 2026 “create an overhang that is difficult to ignore,” the analyst tells investors in a research note. The firm says that with order rates in fiscal Q2 weaker than expected, it anticipates Hillenbrand’s Q3 to decline as well given further disruptions post President Trump’s “Liberation Day.”