Barrow Hanley Mewhinney & Strauss LLC Sells 250,024 Shares of Hillman Solutions Corp. $HLMN

Barrow Hanley Mewhinney & Strauss LLC lowered its position in Hillman Solutions Corp. (NASDAQ:HLMN) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,206,042 shares of the company’s stock after selling 250,024 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 2.13% of Hillman Solutions worth $38,611,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Burgundy Asset Management Ltd. grew its position in shares of Hillman Solutions by 18.0% during the second quarter. Burgundy Asset Management Ltd. now owns 11,202,558 shares of the company’s stock worth $79,986,000 after purchasing an additional 1,712,688 shares in the last quarter. Reinhart Partners LLC. lifted its holdings in shares of Hillman Solutions by 4.2% in the third quarter. Reinhart Partners LLC. now owns 10,471,532 shares of the company’s stock worth $96,129,000 after buying an additional 418,313 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Hillman Solutions by 3.1% during the third quarter. Dimensional Fund Advisors LP now owns 8,478,127 shares of the company’s stock worth $77,829,000 after acquiring an additional 257,953 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Hillman Solutions by 65.9% during the second quarter. American Century Companies Inc. now owns 7,480,165 shares of the company’s stock worth $53,408,000 after acquiring an additional 2,972,293 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Hillman Solutions by 1.1% during the second quarter. Geode Capital Management LLC now owns 4,875,009 shares of the company’s stock valued at $34,812,000 after acquiring an additional 52,308 shares in the last quarter. 98.11% of the stock is owned by institutional investors.

Hillman Solutions Stock Up 0.7%

Shares of NASDAQ:HLMN opened at $8.29 on Thursday. The firm has a market capitalization of $1.63 billion, a PE ratio of 39.48 and a beta of 1.67. The business has a 50 day simple moving average of $9.32 and a two-hundred day simple moving average of $9.24. Hillman Solutions Corp. has a 1 year low of $6.55 and a 1 year high of $10.85. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.51 and a quick ratio of 0.62.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. The firm had revenue of $365.14 million during the quarter, compared to analyst estimates of $371.69 million. Hillman Solutions had a return on equity of 9.57% and a net margin of 2.60%.Hillman Solutions’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. On average, equities analysts predict that Hillman Solutions Corp. will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on HLMN. Benchmark dropped their price objective on shares of Hillman Solutions from $15.00 to $14.00 and set a “buy” rating for the company in a report on Friday, February 20th. Canaccord Genuity Group dropped their price target on Hillman Solutions from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Wall Street Zen downgraded Hillman Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hillman Solutions in a report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $11.33.

About Hillman Solutions

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.