Vanguard Group Inc. Purchases 134,830 Shares of Hillman Solutions Corp. $HLMN

Vanguard Group Inc. raised its position in Hillman Solutions Corp. (NASDAQ:HLMN) by 0.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,575,307 shares of the company’s stock after buying an additional 134,830 shares during the quarter. Vanguard Group Inc. owned about 9.92% of Hillman Solutions worth $172,067,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of HLMN. T. Rowe Price Investment Management Inc. acquired a new position in shares of Hillman Solutions in the 4th quarter worth approximately $17,290,000. Reinhart Partners LLC. lifted its position in shares of Hillman Solutions by 13.8% in the 1st quarter. Reinhart Partners LLC. now owns 8,659,239 shares of the company’s stock worth $76,115,000 after purchasing an additional 1,046,765 shares during the period. GW&K Investment Management LLC lifted its position in shares of Hillman Solutions by 35.0% in the 1st quarter. GW&K Investment Management LLC now owns 3,470,678 shares of the company’s stock worth $30,507,000 after purchasing an additional 899,496 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Hillman Solutions by 10.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,419,079 shares of the company’s stock worth $62,521,000 after purchasing an additional 605,049 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Hillman Solutions in the 4th quarter worth approximately $3,957,000. 98.11% of the stock is owned by institutional investors.

Insider Activity

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $9.86, for a total transaction of $44,685.52. Following the sale, the insider owned 56,618 shares of the company’s stock, valued at $558,253.48. The trade was a 7.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 4.90% of the stock is currently owned by company insiders.

Hillman Solutions Stock Down 1.6%

Hillman Solutions stock opened at $9.68 on Thursday. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 88.01 and a beta of 1.66. The company has a current ratio of 2.28, a quick ratio of 0.72 and a debt-to-equity ratio of 0.57. Hillman Solutions Corp. has a 1-year low of $6.55 and a 1-year high of $12.08. The firm’s fifty day moving average price is $8.08 and its two-hundred day moving average price is $8.35.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $402.80 million for the quarter, compared to analyst estimates of $389.45 million. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. The firm’s revenue was up 6.2% compared to the same quarter last year. Hillman Solutions has set its FY 2025 guidance at EPS. On average, equities research analysts predict 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 recent analyst reports. Canaccord Genuity Group boosted their price target on shares of Hillman Solutions from $13.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Robert W. Baird dropped their price target on shares of Hillman Solutions from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 30th. Wall Street Zen upgraded shares of Hillman Solutions from a “hold” rating to a “buy” rating in a research report on Monday, August 11th. Barclays boosted their target price on shares of Hillman Solutions from $8.00 to $10.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Finally, Raymond James Financial set a $10.00 target price on shares of Hillman Solutions and gave the company an “outperform” rating in a research report on Wednesday, April 30th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $11.42.

Hillman Solutions 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.