Boston Partners Makes New Investment in Hillman Solutions Corp. $HLMN

Boston Partners purchased a new stake in Hillman Solutions Corp. (NASDAQ:HLMN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 99,464 shares of the company's stock, valued at approximately $874,000. Boston Partners owned approximately 0.05% of Hillman Solutions as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Skylands Capital LLC increased its position in shares of Hillman Solutions by 156.5% in the first quarter. Skylands Capital LLC now owns 124,000 shares of the company's stock valued at $1,090,000 after buying an additional 75,650 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Hillman Solutions during the 1st quarter worth about $567,000. T. Rowe Price Investment Management Inc. purchased a new stake in Hillman Solutions during the 4th quarter worth about $17,290,000. Barclays PLC increased its position in Hillman Solutions by 11.2% during the 4th quarter. Barclays PLC now owns 339,733 shares of the company's stock worth $3,309,000 after purchasing an additional 34,265 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Hillman Solutions by 16.8% during the 4th quarter. Russell Investments Group Ltd. now owns 147,294 shares of the company's stock worth $1,435,000 after purchasing an additional 21,191 shares in the last quarter. Hedge funds and other institutional investors own 98.11% of the company's stock.

Insider Transactions at Hillman Solutions

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of Hillman Solutions stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $9.86, for a total transaction of $44,685.52. Following the sale, the insider directly owned 56,618 shares in the company, valued at $558,253.48. The trade was a 7.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.90% of the stock is owned by corporate insiders.

Hillman Solutions Stock Up 3.1%

Hillman Solutions stock traded up $0.3050 during midday trading on Friday, hitting $9.9950. 1,112,273 shares of the company were exchanged, compared to its average volume of 1,458,944. The company's fifty day moving average price is $8.13 and its 200-day moving average price is $8.34. The company has a market cap of $1.98 billion, a PE ratio of 90.87 and a beta of 1.66. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.28 and a quick ratio of 0.72. Hillman Solutions Corp. has a fifty-two week low of $6.55 and a fifty-two week high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. The firm had revenue of $402.80 million for the quarter, compared to analyst estimates of $389.45 million. Hillman Solutions had a return on equity of 8.86% and a net margin of 1.44%.The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. Hillman Solutions has set its FY 2025 guidance at EPS. On average, research analysts predict that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on HLMN shares. Raymond James Financial set a $10.00 price objective on Hillman Solutions and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Wall Street Zen upgraded Hillman Solutions from a "hold" rating to a "buy" rating in a research report on Monday, August 11th. Robert W. Baird decreased 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. Stifel Nicolaus assumed coverage on Hillman Solutions in a research note on Monday, July 14th. They issued a "buy" rating and a $9.50 price target on the stock. Finally, Barclays raised their price target on Hillman Solutions from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $11.42.

Hillman Solutions Company 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.