Bosun Asset Management LLC Buys Shares of 45,716 Hillman Solutions Corp (NASDAQ:HLMN)

Bosun Asset Management LLC purchased a new stake in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 45,716 shares of the company's stock, valued at approximately $445,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its stake in Hillman Solutions by 4.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 23,330 shares of the company's stock worth $227,000 after buying an additional 1,061 shares during the last quarter. Xponance Inc. raised its holdings in shares of Hillman Solutions by 10.1% in the 4th quarter. Xponance Inc. now owns 14,106 shares of the company's stock worth $137,000 after purchasing an additional 1,297 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Hillman Solutions by 1.1% during the 4th quarter. HighTower Advisors LLC now owns 144,163 shares of the company's stock worth $1,404,000 after acquiring an additional 1,562 shares in the last quarter. MetLife Investment Management LLC lifted its stake in Hillman Solutions by 2.0% during the fourth quarter. MetLife Investment Management LLC now owns 119,406 shares of the company's stock valued at $1,163,000 after buying an additional 2,391 shares in the last quarter. Finally, Federated Hermes Inc. acquired a new position in Hillman Solutions in the 4th quarter worth approximately $25,000. Institutional investors own 98.11% of the company's stock.

Insiders Place Their Bets

In other Hillman Solutions news, CFO Robert O. Kraft acquired 140,000 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were acquired at an average price of $7.09 per share, for a total transaction of $992,600.00. Following the acquisition, the chief financial officer now directly owns 632,752 shares of the company's stock, valued at approximately $4,486,211.68. This trade represents a 28.41 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.10% of the company's stock.

Hillman Solutions Price Performance

Shares of NASDAQ HLMN traded up $0.07 during trading on Friday, reaching $7.75. The company had a trading volume of 1,701,763 shares, compared to its average volume of 1,047,828. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. The business's 50 day moving average price is $8.22 and its 200-day moving average price is $9.64. Hillman Solutions Corp has a 52 week low of $6.64 and a 52 week high of $12.08. The stock has a market cap of $1.53 billion, a PE ratio of 96.89 and a beta of 1.70.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $359.34 million during the quarter, compared to analysts' expectations of $358.14 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The business's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. Analysts expect that Hillman Solutions Corp will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HLMN has been the topic of a number of research reports. Benchmark reiterated a "buy" rating and issued a $16.00 target price on shares of Hillman Solutions in a report on Wednesday, February 19th. Baird R W cut Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 16th. Robert W. Baird lowered their price target on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Barclays lowered their target price on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Finally, Raymond James set a $10.00 target price on shares of Hillman Solutions and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $11.00.

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.