Russell Investments Group Ltd. Has $2.91 Million Holdings in Hillman Solutions Corp. $HLMN

Key Points

• Russell Investments Group Ltd. increased its stake in Hillman Solutions Corp. by 124.4%, now owning approximately 0.17% of the company worth about $2.9 million.
• Several analysts have issued ratings for Hillman Solutions, with a current consensus rating of "Moderate Buy" and an average price target of $11.42.
• Insider Aaron Jerrod Parker sold 4,532 shares of Hillman Solutions, representing a 7.41% decrease in his holdings, which are now valued at approximately $558,253.48.

Russell Investments Group Ltd. grew its position in shares of Hillman Solutions Corp. (NASDAQ:HLMN - Free Report) by 124.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 330,517 shares of the company's stock after purchasing an additional 183,223 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.17% of Hillman Solutions worth $2,905,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HLMN. Nuveen LLC acquired a new stake in shares of Hillman Solutions during the 1st quarter valued at approximately $29,335,000. T. Rowe Price Investment Management Inc. purchased a new stake in Hillman Solutions in the 4th quarter worth approximately $17,290,000. Reinhart Partners LLC. grew its stake in Hillman Solutions by 13.8% in the 1st quarter. Reinhart Partners LLC. now owns 8,659,239 shares of the company's stock worth $76,115,000 after acquiring an additional 1,046,765 shares during the period. GW&K Investment Management LLC grew its stake in shares of Hillman Solutions by 35.0% during the 1st quarter. GW&K Investment Management LLC now owns 3,470,678 shares of the company's stock valued at $30,507,000 after buying an additional 899,496 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of Hillman Solutions by 10.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,419,079 shares of the company's stock valued at $62,521,000 after buying an additional 605,049 shares during the period. Hedge funds and other institutional investors own 98.11% of the company's stock.

Hillman Solutions Stock Performance

Hillman Solutions stock traded down $0.05 during mid-day trading on Friday, reaching $9.93. The company had a trading volume of 311,870 shares, compared to its average volume of 1,440,670. The company has a 50 day moving average of $8.45 and a 200-day moving average of $8.34. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 90.33 and a beta of 1.66. Hillman Solutions Corp. has a 52 week low of $6.55 and a 52 week high of $12.08. The company has a quick ratio of 0.72, a current ratio of 2.28 and a debt-to-equity ratio of 0.57.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released 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 company had revenue of $402.80 million during the quarter, compared to the consensus estimate of $389.45 million. Hillman Solutions's revenue was up 6.2% compared to the same quarter last year. Hillman Solutions has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Insider Buying and Selling at Hillman Solutions

In other news, insider Aaron Jerrod Parker sold 4,532 shares of Hillman Solutions stock in a transaction that occurred 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 completion of the sale, the insider owned 56,618 shares in the company, valued at $558,253.48. The trade was a 7.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 4.90% of the company's stock.

Analyst Upgrades and Downgrades

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

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.