Q4 2024 Earnings Estimate for Hillman Solutions Corp Issued By William Blair (NASDAQ:HLMN)

Hillman Solutions Corp (NASDAQ:HLMN) – Analysts at William Blair dropped their Q4 2024 earnings per share estimates for shares of Hillman Solutions in a research note issued to investors on Tuesday, May 7th. William Blair analyst R. Merkel now anticipates that the company will earn $0.10 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Hillman Solutions’ current full-year earnings is $0.49 per share. William Blair also issued estimates for Hillman Solutions’ FY2025 earnings at $0.55 EPS.

A number of other equities analysts have also recently commented on HLMN. Robert W. Baird boosted their price target on shares of Hillman Solutions from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Wednesday. Stifel Nicolaus reiterated a “buy” rating and issued a $16.00 price objective (up previously from $14.00) on shares of Hillman Solutions in a report on Monday, April 1st. Barclays increased their target price on Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Monday, February 26th. Finally, Canaccord Genuity Group lifted their price target on Hillman Solutions from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $11.54.

Hillman Solutions Price Performance

Shares of Hillman Solutions stock opened at $9.47 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 2.46. Hillman Solutions has a 52-week low of $6.02 and a 52-week high of $10.85. The company has a fifty day moving average of $9.91 and a 200-day moving average of $8.85. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of -189.36 and a beta of 1.73.

Hillman Solutions (NASDAQ:HLMN) last issued its earnings results on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. Hillman Solutions had a positive return on equity of 6.88% and a negative net margin of 0.65%. The business had revenue of $350.31 million during the quarter, compared to analyst estimates of $354.47 million. Hillman Solutions’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.06 earnings per share.

Insider Activity at Hillman Solutions

In related news, Director John W. Swygert sold 7,207 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $9.74, for a total value of $70,196.18. Following the completion of the sale, the director now owns 24,999 shares of the company’s stock, valued at $243,490.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, COO Jon Michael Adinolfi sold 110,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $9.81, for a total value of $1,079,100.00. Following the completion of the transaction, the chief operating officer now owns 659,889 shares in the company, valued at approximately $6,473,511.09. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John W. Swygert sold 7,207 shares of Hillman Solutions stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $9.74, for a total value of $70,196.18. Following the sale, the director now owns 24,999 shares in the company, valued at $243,490.26. The disclosure for this sale can be found here. Insiders have sold a total of 618,658 shares of company stock worth $5,958,077 in the last 90 days. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Hillman Solutions

Hedge funds have recently modified their holdings of the business. M&T Bank Corp boosted its stake in Hillman Solutions by 6.8% during the fourth quarter. M&T Bank Corp now owns 30,804 shares of the company’s stock worth $284,000 after acquiring an additional 1,952 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Hillman Solutions by 22.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 13,310 shares of the company’s stock worth $110,000 after buying an additional 2,407 shares during the last quarter. ProShare Advisors LLC increased its position in Hillman Solutions by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 35,103 shares of the company’s stock valued at $373,000 after buying an additional 2,762 shares in the last quarter. Amalgamated Bank raised its stake in Hillman Solutions by 19.7% during the third quarter. Amalgamated Bank now owns 18,322 shares of the company’s stock valued at $151,000 after buying an additional 3,020 shares during the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in shares of Hillman Solutions by 2.1% in the first quarter. Anchor Capital Advisors LLC now owns 148,144 shares of the company’s stock worth $1,576,000 after acquiring an additional 3,037 shares during the last quarter. Institutional investors own 98.11% of the company’s stock.

Hillman Solutions Company Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.