Northern Trust Corp Has $23.87 Million Holdings in Hillman Solutions Corp. $HLMN

Northern Trust Corp raised its holdings in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,715,996 shares of the company’s stock after purchasing an additional 44,207 shares during the period. Northern Trust Corp owned 1.38% of Hillman Solutions worth $23,874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in HLMN. Tower Research Capital LLC TRC lifted its position in Hillman Solutions by 116.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 17,022 shares of the company’s stock valued at $166,000 after purchasing an additional 9,156 shares during the period. Susquehanna International Group LLP lifted its position in Hillman Solutions by 126.2% during the 4th quarter. Susquehanna International Group LLP now owns 386,912 shares of the company’s stock valued at $3,769,000 after purchasing an additional 215,838 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Hillman Solutions by 25.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 353,265 shares of the company’s stock valued at $3,442,000 after purchasing an additional 72,569 shares during the period. Boothbay Fund Management LLC acquired a new position in Hillman Solutions during the 4th quarter valued at about $120,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Hillman Solutions in the 4th quarter valued at approximately $172,000. 98.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hillman Solutions

In related news, insider Aaron Jerrod Parker sold 4,532 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $9.86, for a total transaction of $44,685.52. Following the completion of the sale, the insider directly owned 56,618 shares of the company’s stock, valued at approximately $558,253.48. This represents a 7.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.90% of the company’s stock.

Hillman Solutions Price Performance

NASDAQ HLMN opened at $9.88 on Monday. The business has a 50 day simple moving average of $8.51 and a 200 day simple moving average of $8.32. Hillman Solutions Corp. has a 52-week low of $6.55 and a 52-week high of $12.08. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.72 and a current ratio of 2.28. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 89.83 and a beta of 1.67.

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Canaccord Genuity Group increased their price target on shares of Hillman Solutions from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded shares of Hillman Solutions from a “hold” rating to a “buy” rating in a research report on Monday, August 11th. Stifel Nicolaus increased their price target on shares of Hillman Solutions from $10.75 to $12.00 and gave the company a “buy” rating in a research report on Friday. Finally, Barclays increased their price target 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. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $11.83.

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.