3,566,962 Shares in Hillman Solutions Corp. $HLMN Purchased by Barrow Hanley Mewhinney & Strauss LLC

Key Points

• Barrow Hanley Mewhinney & Strauss LLC purchased 3.57 million Hillman Solutions shares worth approximately $30.1 million, representing about 1.82% of the company.
• Institutional investors own 98.11% of HLMN, with several firms—including Jane Street and Prudential Financial—recently increasing their positions.
• Hillman matched quarterly EPS expectations at $0.17 and exceeded revenue estimates with $442.25 million. Analysts maintain an average “Hold” rating with a $12.50 price target, versus a recent share price of $8.36.

Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Hillman Solutions Corp. (NASDAQ:HLMN - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,566,962 shares of the company's stock, valued at approximately $30,105,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.82% of Hillman Solutions as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HLMN. AQR Capital Management LLC boosted its holdings in shares of Hillman Solutions by 80.5% in the first quarter. AQR Capital Management LLC now owns 55,109 shares of the company's stock valued at $484,000 after acquiring an additional 24,581 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Hillman Solutions by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 116,919 shares of the company's stock worth $1,028,000 after purchasing an additional 5,104 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Hillman Solutions by 5.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,947 shares of the company's stock worth $3,463,000 after purchasing an additional 21,619 shares during the period. Jane Street Group LLC boosted its stake in Hillman Solutions by 334.9% during the 1st quarter. Jane Street Group LLC now owns 298,438 shares of the company's stock valued at $2,623,000 after purchasing an additional 229,815 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in Hillman Solutions by 72.0% during the 2nd quarter. Prudential Financial Inc. now owns 26,145 shares of the company's stock valued at $187,000 after purchasing an additional 10,940 shares in the last quarter. Institutional investors and hedge funds own 98.11% of the company's stock.

Hillman Solutions Price Performance

Shares of NASDAQ:HLMN opened at $8.36 on Monday. The company has a market capitalization of $1.63 billion, a PE ratio of 38.00, a price-to-earnings-growth ratio of 1.17 and a beta of 1.39. 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 stock has a fifty day moving average of $8.26 and a 200-day moving average of $8.28. Hillman Solutions Corp. has a one year low of $6.96 and a one year high of $10.85.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.17. The business had revenue of $442.25 million for the quarter, compared to analysts' expectations of $433.67 million. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%. As a group, equities analysts anticipate that Hillman Solutions Corp. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen lowered Hillman Solutions from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Barclays lifted their target price on Hillman Solutions from $10.00 to $11.00 and gave the stock an "equal weight" rating in a report on Monday, August 10th. Canaccord Genuity Group dropped their price target on shares of Hillman Solutions from $14.00 to $13.00 and set a "buy" rating on the stock in a research report on Wednesday, July 1st. Finally, Weiss Ratings raised shares of Hillman Solutions from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Hillman Solutions currently has an average rating of "Hold" and an average price target of $12.50.

Hillman Solutions Company Profile

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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