Hillman Solutions Corp (NASDAQ:HLMN) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 10.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,419,079 shares of the company's stock after acquiring an additional 605,049 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.27% of Hillman Solutions worth $62,521,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of HLMN. Barclays PLC boosted its position in shares of Hillman Solutions by 326.8% in the 3rd quarter. Barclays PLC now owns 305,468 shares of the company's stock worth $3,226,000 after purchasing an additional 233,894 shares in the last quarter. Nordea Investment Management AB purchased a new stake in Hillman Solutions in the 4th quarter worth approximately $4,631,000. Harbor Capital Advisors Inc. grew its stake in shares of Hillman Solutions by 1.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company's stock worth $15,953,000 after purchasing an additional 26,832 shares during the period. Reinhart Partners LLC. increased its holdings in shares of Hillman Solutions by 1.7% during the 4th quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock valued at $74,145,000 after purchasing an additional 130,273 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Hillman Solutions by 28.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 93,453 shares of the company's stock valued at $910,000 after purchasing an additional 20,920 shares during the period. Institutional investors own 98.11% of the company's stock.

Analyst Upgrades and Downgrades

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

Hillman Solutions Stock Up 2.0 %

HLMN traded up $0.14 on Wednesday, reaching $7.31. The company's stock had a trading volume of 2,258,298 shares, compared to its average volume of 1,040,497. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 91.39 and a beta of 1.70. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a fifty-two week low of $6.64 and a fifty-two week high of $12.08. The stock has a 50 day moving average of $8.28 and a two-hundred day moving average of $9.68.

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

Insider Buying and Selling

In related news, CFO Robert O. Kraft acquired 140,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was purchased at an average cost of $7.09 per share, for a total transaction of $992,600.00. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.10% of the stock is owned by insiders.

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.