UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $3.63 Million Stock Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 25.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,328 shares of the company's stock after buying an additional 74,506 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.19% of Hillman Solutions worth $3,626,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HLMN. Federated Hermes Inc. bought a new stake in shares of Hillman Solutions during the 4th quarter valued at $25,000. Sterling Capital Management LLC raised its stake in 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 purchasing an additional 4,572 shares in the last quarter. Lazard Asset Management LLC lifted its position in Hillman Solutions by 1,911.4% during the fourth quarter. Lazard Asset Management LLC now owns 6,517 shares of the company's stock worth $63,000 after purchasing an additional 6,193 shares during the period. Venturi Wealth Management LLC lifted its position in Hillman Solutions by 1,337.4% during the fourth quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company's stock worth $68,000 after purchasing an additional 6,500 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in Hillman Solutions by 285.7% during the fourth quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company's stock worth $78,000 after buying an additional 5,915 shares in the last quarter. Institutional investors own 98.11% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HLMN. Benchmark restated a "buy" rating and issued a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. Barclays lowered their price objective on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Raymond James set a $10.00 target price on Hillman Solutions and gave the company an "outperform" rating in a report on Wednesday, April 30th. Baird R W lowered Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 16th. Finally, Robert W. Baird lowered their price target on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Hillman Solutions has a consensus rating of "Hold" and an average price target of $11.00.

Insider Transactions at Hillman Solutions

In other Hillman Solutions news, CFO Robert O. Kraft purchased 140,000 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was purchased at an average price of $7.09 per share, with a total value of $992,600.00. Following the completion of the purchase, the chief financial officer now owns 632,752 shares of the company's stock, valued at approximately $4,486,211.68. The trade was a 28.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 5.10% of the company's stock.

Hillman Solutions Price Performance

NASDAQ:HLMN traded down $0.06 on Friday, hitting $7.35. The company had a trading volume of 922,206 shares, compared to its average volume of 1,086,923. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 91.89 and a beta of 1.68. The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. The firm has a 50 day moving average of $7.64 and a two-hundred day moving average of $9.22. Hillman Solutions Corp has a 52 week low of $6.64 and a 52 week high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, hitting analysts' consensus estimates of $0.10. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The firm had revenue of $359.34 million for the quarter, compared to analysts' expectations of $358.14 million. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company's revenue was up 2.6% on a year-over-year basis. On average, research analysts anticipate that Hillman Solutions Corp will post 0.58 earnings per share for the current year.

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.