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 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 99,464 shares of the company's stock, valued at approximately $874,000. Boston Partners owned 0.05% of Hillman Solutions as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HLMN. Federated Hermes Inc. acquired a new position in shares of Hillman Solutions in the fourth quarter valued at approximately $25,000. KBC Group NV acquired a new position in shares of Hillman Solutions in the first quarter valued at approximately $35,000. Sterling Capital Management LLC boosted its holdings in shares of Hillman Solutions by 765.8% in the fourth quarter. Sterling Capital Management LLC now owns 5,169 shares of the company's stock valued at $50,000 after buying an additional 4,572 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Hillman Solutions by 1,911.4% in the fourth quarter. Lazard Asset Management LLC now owns 6,517 shares of the company's stock valued at $63,000 after buying an additional 6,193 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Hillman Solutions in the fourth quarter valued at approximately $79,000. Institutional investors and hedge funds own 98.11% of the company's stock.

Hillman Solutions Stock Up 3.9%

Shares of HLMN stock traded up $0.38 during trading on Friday, reaching $10.07. The company's stock had a trading volume of 1,733,136 shares, compared to its average volume of 1,955,452. The business has a fifty day moving average price of $8.19 and a 200-day moving average price of $8.33. The company has a quick ratio of 0.72, a current ratio of 2.28 and a debt-to-equity ratio of 0.57. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 91.55 and a beta of 1.66. Hillman Solutions Corp. has a one year low of $6.55 and a one year high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. The business had revenue of $402.80 million for the quarter, compared to analyst estimates of $389.45 million. The business's quarterly revenue was up 6.2% on a year-over-year basis. Hillman Solutions has set its FY 2025 guidance at EPS. Analysts anticipate that Hillman Solutions Corp. will post 0.58 earnings per share for the current year.

Insider Transactions at Hillman Solutions

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of the company's stock in a transaction on Friday, August 8th. The shares were 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 of the company's stock, valued at approximately $558,253.48. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 4.90% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on HLMN. Stifel Nicolaus began coverage on shares of Hillman Solutions in a report on Monday, July 14th. They issued a "buy" rating and a $9.50 price target for the company. Raymond James Financial set a $10.00 price target on shares of Hillman Solutions and gave the company an "outperform" rating in a report on Wednesday, April 30th. Barclays upped their price target on shares of Hillman Solutions from $8.00 to $10.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Wall Street Zen raised shares of Hillman Solutions from a "hold" rating to a "buy" rating in a research report on Monday, August 11th. Finally, Robert W. Baird cut their price objective on shares of Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price 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.