Hillman Solutions (NASDAQ:HLMN) Stock Rating Upgraded by Jefferies Financial Group

Key Points

• Jefferies upgraded Hillman Solutions to “strong buy,” lifting the overall analyst consensus to “Moderate Buy” with an average price target of $12.67.
• Hillman opened at $6.98, down 4.1%, near its 52-week low of $6.93. Its latest quarterly results matched EPS expectations at $0.17 and exceeded revenue estimates with $442.25 million.
• Insiders recently sold shares, while institutional investors—including Barrow Hanley and Arrowstreet Capital—added positions. Institutions own approximately 98.11% of the company’s stock.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) was upgraded by equities research analysts at Jefferies Financial Group to a "strong-buy" rating in a research report issued on Thursday, Zacks reports.

Other research analysts have also issued research reports about the stock. Barclays boosted their price objective on shares of Hillman Solutions from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Monday, August 10th. Weiss Ratings raised Hillman Solutions from a "sell (d)" rating to a "sell (d+)" rating in a research report on Tuesday, August 4th. Finally, Canaccord Genuity Group reduced their target price on Hillman Solutions from $14.00 to $13.00 and set a "buy" rating for the company in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.67.

Hillman Solutions Trading Down 4.1%

NASDAQ HLMN opened at $6.98 on Thursday. Hillman Solutions has a one year low of $6.93 and a one year high of $10.85. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.87 and a current ratio of 2.71. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. The company's 50-day simple moving average is $8.14 and its two-hundred day simple moving average is $8.07.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.17. The firm had revenue of $442.25 million for the quarter, compared to the consensus estimate of $433.67 million. Hillman Solutions had a net margin of 2.57% and a return on equity of 9.11%. Equities analysts forecast that Hillman Solutions will post 0.6 EPS for the current fiscal year.

Insider Buying and Selling at Hillman Solutions

In other news, insider Aaron Parker sold 17,381 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $8.57, for a total value of $148,955.17. Following the sale, the insider owned 54,723 shares in the company, valued at $468,976.11. This represents a 24.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Amanda Kitzberger sold 13,750 shares of the business's stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $7.25, for a total transaction of $99,687.50. Following the transaction, the insider owned 58,855 shares of the company's stock, valued at $426,698.75. This represents a 18.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hillman Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its stake in shares of Hillman Solutions by 46.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,094,327 shares of the company's stock valued at $9,105,000 after purchasing an additional 344,995 shares during the last quarter. Anchor Capital Management Company LLC grew its holdings in shares of Hillman Solutions by 33.1% during the 1st quarter. Anchor Capital Management Company LLC now owns 2,535,478 shares of the company's stock worth $21,095,000 after purchasing an additional 630,000 shares during the period. Walleye Capital LLC acquired a new stake in shares of Hillman Solutions during the 2nd quarter worth about $1,421,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hillman Solutions during the 2nd quarter worth about $30,105,000. Finally, Heartland Advisors Inc. purchased a new stake in Hillman Solutions in the 2nd quarter valued at about $6,752,000. Institutional investors and hedge funds own 98.11% of the company's stock.

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.

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