Hillman Solutions Corp (NASDAQ:HLMN) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 16.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,294 shares of the company’s stock after purchasing an additional 21,191 shares during the period. Russell Investments Group Ltd. owned approximately 0.07% of Hillman Solutions worth $1,435,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its position in shares of Hillman Solutions by 338.9% in the 3rd quarter. FMR LLC now owns 22,199 shares of the company’s stock valued at $234,000 after purchasing an additional 17,141 shares during the period. Barclays PLC lifted its stake in Hillman Solutions by 326.8% during the third quarter. Barclays PLC now owns 305,468 shares of the company’s stock valued at $3,226,000 after buying an additional 233,894 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Hillman Solutions by 2.5% in the third quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock worth $50,203,000 after buying an additional 113,692 shares during the period. Sanctuary Advisors LLC increased its position in shares of Hillman Solutions by 20.0% in the third quarter. Sanctuary Advisors LLC now owns 31,653 shares of the company’s stock worth $357,000 after acquiring an additional 5,273 shares in the last quarter. Finally, Nordea Investment Management AB acquired a new stake in shares of Hillman Solutions during the fourth quarter valued at approximately $4,631,000. 98.11% of the stock is currently owned by institutional investors.

Hillman Solutions Stock Up 1.1 %

Shares of NASDAQ HLMN opened at $7.63 on Monday. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 95.39 and a beta of 1.67. Hillman Solutions Corp has a 12-month low of $7.24 and a 12-month high of $12.08. The firm’s 50-day simple moving average is $9.01 and its 200 day simple moving average is $9.95.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. The firm had revenue of $349.56 million for the quarter, compared to the consensus estimate of $350.45 million. During the same period in the prior year, the firm posted $0.10 earnings per share. On average, research analysts expect that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HLMN has been the topic of a number of research analyst reports. William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Benchmark reiterated a “buy” rating and issued a $16.00 price objective on shares of Hillman Solutions in a research note on Wednesday, February 19th. Baird R W cut shares of Hillman Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 16th. Barclays cut their price objective on Hillman Solutions from $11.00 to $8.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $9.00 target price (down from $12.00) on shares of Hillman Solutions in a research note on Wednesday, April 16th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.50.

About Hillman Solutions

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.