Dynamic Technology Lab Private Ltd Has $881,000 Stock Position in Hillman Solutions Corp. $HLMN

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Hillman Solutions Corp. by 44.7% in Q1, owning a total of 100,208 shares valued at approximately $881,000.
• Institutional investors hold a substantial 98.11% of Hillman Solutions' stock, indicating strong backing from large financial entities.
• Hillman Solutions Corp. reported a better-than-expected earnings per share of $0.17, exceeding analysts' estimates, alongside a revenue growth of 6.2% year-over-year.

Dynamic Technology Lab Private Ltd grew its position in shares of Hillman Solutions Corp. (NASDAQ:HLMN - Free Report) by 44.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,208 shares of the company's stock after buying an additional 30,946 shares during the period. Dynamic Technology Lab Private Ltd owned approximately 0.05% of Hillman Solutions worth $881,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Hillman Solutions by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 19,575,307 shares of the company's stock worth $172,067,000 after purchasing an additional 134,830 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Hillman Solutions by 0.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 14,214,891 shares of the company's stock worth $124,949,000 after purchasing an additional 64,966 shares in the last quarter. Burgundy Asset Management Ltd. grew its holdings in shares of Hillman Solutions by 6.9% during the 1st quarter. Burgundy Asset Management Ltd. now owns 9,489,870 shares of the company's stock worth $83,416,000 after purchasing an additional 613,865 shares in the last quarter. Reinhart Partners LLC. grew its holdings in shares of Hillman Solutions by 13.8% during the 1st quarter. Reinhart Partners LLC. now owns 8,659,239 shares of the company's stock worth $76,115,000 after purchasing an additional 1,046,765 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Hillman Solutions by 1.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,111,414 shares of the company's stock worth $63,007,000 after purchasing an additional 67,389 shares in the last quarter. 98.11% of the stock is owned by institutional investors and hedge funds.

Hillman Solutions Price Performance

NASDAQ:HLMN traded down $0.26 during trading hours on Friday, hitting $9.71. The company's stock had a trading volume of 656,968 shares, compared to its average volume of 1,422,867. The stock has a fifty day simple moving average of $9.00 and a 200-day simple moving average of $8.32. The company has a market capitalization of $1.92 billion, a P/E ratio of 88.28 and a beta of 1.67. 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 twelve month low of $6.55 and a twelve month high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The business 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, analysts anticipate that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HLMN. Wall Street Zen raised Hillman Solutions from a "hold" rating to a "buy" rating in a report on Monday, August 11th. Barclays increased their target price on Hillman Solutions from $8.00 to $10.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Canaccord Genuity Group increased their target price on Hillman Solutions from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Stifel Nicolaus raised their price objective on Hillman Solutions from $10.75 to $12.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Hillman Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $11.83.

Insider Buying and Selling at Hillman Solutions

In other news, insider Aaron Jerrod Parker sold 4,532 shares of the business's stock in a transaction dated 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 approximately $558,253.48. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 4.90% of the company's stock.

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.