GW&K Investment Management LLC Has $30.51 Million Holdings in Hillman Solutions Corp. (NASDAQ:HLMN)

GW&K Investment Management LLC increased its position in shares of Hillman Solutions Corp. (NASDAQ:HLMN - Free Report) by 35.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,470,678 shares of the company's stock after acquiring an additional 899,496 shares during the quarter. GW&K Investment Management LLC owned approximately 1.76% of Hillman Solutions worth $30,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its position in Hillman Solutions by 4.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 23,330 shares of the company's stock valued at $227,000 after buying an additional 1,061 shares during the last quarter. Xponance Inc. lifted its position in Hillman Solutions by 10.1% in the fourth quarter. Xponance Inc. now owns 14,106 shares of the company's stock valued at $137,000 after buying an additional 1,297 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Hillman Solutions by 4.1% in the fourth quarter. Cetera Investment Advisers now owns 33,743 shares of the company's stock valued at $329,000 after purchasing an additional 1,325 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Hillman Solutions by 12.4% in the first quarter. Principal Financial Group Inc. now owns 13,482 shares of the company's stock valued at $119,000 after purchasing an additional 1,491 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Hillman Solutions by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 144,163 shares of the company's stock valued at $1,404,000 after purchasing an additional 1,562 shares during the period. Institutional investors and hedge funds own 98.11% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HLMN. Barclays lowered their target price on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Robert W. Baird dropped their price objective on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Stifel Nicolaus started coverage on Hillman Solutions in a report on Monday, July 14th. They issued a "buy" rating and a $9.50 price target for the company. Baird R W cut Hillman Solutions from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 16th. Finally, Raymond James Financial set a $10.00 target price on Hillman Solutions and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $10.75.

Insider Activity at Hillman Solutions

In other news, CFO Robert O. Kraft acquired 140,000 shares of Hillman Solutions stock in a transaction on Thursday, May 1st. The stock was bought at an average price of $7.09 per share, for a total transaction of $992,600.00. Following the transaction, the chief financial officer owned 632,752 shares of the company's stock, valued at $4,486,211.68. The trade was a 28.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 4.90% of the company's stock.

Hillman Solutions Stock Down 0.8%

HLMN stock traded down $0.07 during mid-day trading on Friday, hitting $8.02. The stock had a trading volume of 223,957 shares, compared to its average volume of 1,381,844. The company has a current ratio of 2.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.60. Hillman Solutions Corp. has a 1-year low of $6.55 and a 1-year high of $12.08. The company has a fifty day moving average of $7.43 and a 200 day moving average of $8.45. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 89.07 and a beta of 1.65.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. The business had revenue of $359.34 million for the quarter, compared to analyst estimates of $358.14 million. Hillman Solutions had a return on equity of 8.73% and a net margin of 1.24%. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 EPS. On average, equities analysts expect that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

About Hillman Solutions

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.