Hillman Solutions Corp. $HLMN Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 1.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,530,800 shares of the company’s stock after buying an additional 41,690 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.28% of Hillman Solutions worth $22,246,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HLMN. Invesco Ltd. boosted its stake in shares of Hillman Solutions by 3.6% during the fourth quarter. Invesco Ltd. now owns 474,554 shares of the company’s stock worth $4,622,000 after buying an additional 16,383 shares during the period. Legal & General Group Plc boosted its stake in shares of Hillman Solutions by 20.7% during the fourth quarter. Legal & General Group Plc now owns 216,125 shares of the company’s stock worth $2,105,000 after buying an additional 37,130 shares during the period. Sterling Capital Management LLC boosted its stake in shares of Hillman Solutions by 765.8% during the fourth quarter. Sterling Capital Management LLC now owns 5,169 shares of the company’s stock worth $50,000 after buying an additional 4,572 shares during the period. Barclays PLC boosted its stake in shares of Hillman Solutions by 11.2% during the fourth quarter. Barclays PLC now owns 339,733 shares of the company’s stock worth $3,309,000 after buying an additional 34,265 shares during the period. Finally, Mariner LLC boosted its stake in shares of Hillman Solutions by 21.0% during the fourth quarter. Mariner LLC now owns 49,314 shares of the company’s stock worth $480,000 after buying an additional 8,548 shares during the period. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Trading Up 0.1%

Shares of Hillman Solutions stock opened at $9.69 on Friday. Hillman Solutions Corp. has a 12-month low of $6.55 and a 12-month high of $12.08. The company has a current ratio of 2.28, a quick ratio of 0.72 and a debt-to-equity ratio of 0.57. The stock has a market cap of $1.92 billion, a PE ratio of 88.10 and a beta of 1.66. The company has a 50-day moving average of $8.13 and a two-hundred day moving average of $8.34.

Hillman Solutions (NASDAQ:HLMN) last issued its earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. The company had revenue of $402.80 million during the quarter, compared to analysts’ expectations of $389.45 million. Hillman Solutions’s revenue for the quarter was up 6.2% on a year-over-year basis. Hillman Solutions has set its FY 2025 guidance at EPS. On average, research analysts anticipate that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Insider Buying and Selling at Hillman Solutions

In other news, insider Aaron Jerrod Parker sold 4,532 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 56,618 shares of the company’s stock, valued at $558,253.48. This trade represents a 7.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HLMN has been the subject of several recent research reports. Wall Street Zen upgraded shares of Hillman Solutions from a “hold” rating to a “buy” rating in a research note on Monday, August 11th. Stifel Nicolaus initiated coverage on shares of Hillman Solutions in a report on Monday, July 14th. They set a “buy” rating and a $9.50 price target for the company. Canaccord Genuity Group increased their price target on shares of Hillman Solutions from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Raymond James Financial set a $10.00 price target on shares of Hillman Solutions and gave the stock an “outperform” rating in a report on Wednesday, April 30th. Finally, Barclays increased their price target on shares of Hillman Solutions from $8.00 to $10.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $11.42.

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.