Hillman Solutions Corp. (NASDAQ:HLMN) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Hillman Solutions Corp. (NASDAQ:HLMN) has an average consensus recommendation of "Hold" from nine analysts, with a 12-month target price of $11.83.
• Recent analyst activity includes a strong-buy upgrade from Wall Street Zen and increasing price objectives from Canaccord Genuity Group and Stifel Nicolaus.
• Insider Aaron Jerrod Parker sold 4,532 shares at $9.86, marking a 7.41% decrease in ownership, while approximately 98.11% of HLMN stock is owned by institutional investors.

Hillman Solutions Corp. (NASDAQ:HLMN - Get Free Report) has been given an average rating of "Hold" by the nine analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $11.8333.

A number of equities research analysts have issued reports on HLMN shares. Wall Street Zen upgraded Hillman Solutions from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 4th. Weiss Ratings reissued a "hold (c-)" rating on shares of Hillman Solutions in a research note on Saturday, September 27th. Canaccord Genuity Group increased their price objective on shares of Hillman Solutions from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Stifel Nicolaus increased their price objective on shares of Hillman Solutions from $10.75 to $12.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Finally, Barclays increased their price objective on shares of Hillman Solutions from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th.

Insider Buying and Selling at Hillman Solutions

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of $9.86, for a total value of $44,685.52. Following the sale, the insider owned 56,618 shares in the company, valued at $558,253.48. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 4.90% of the company's stock.

Hedge Funds Weigh In On Hillman Solutions

A number of institutional investors have recently modified their holdings of the stock. White Pine Capital LLC grew its holdings in Hillman Solutions by 1.1% in the second quarter. White Pine Capital LLC now owns 95,358 shares of the company's stock worth $681,000 after purchasing an additional 1,074 shares during the last quarter. Bank of Montreal Can grew its holdings in Hillman Solutions by 8.0% in the second quarter. Bank of Montreal Can now owns 17,128 shares of the company's stock worth $122,000 after purchasing an additional 1,268 shares during the last quarter. Principal Financial Group Inc. grew its stake in Hillman Solutions by 12.4% during the 1st quarter. Principal Financial Group Inc. now owns 13,482 shares of the company's stock worth $119,000 after buying an additional 1,491 shares during the last quarter. Victory Capital Management Inc. grew its stake in Hillman Solutions by 2.5% during the 1st quarter. Victory Capital Management Inc. now owns 76,530 shares of the company's stock worth $673,000 after buying an additional 1,872 shares during the last quarter. Finally, Entropy Technologies LP grew its stake in Hillman Solutions by 17.8% during the 2nd quarter. Entropy Technologies LP now owns 13,100 shares of the company's stock worth $94,000 after buying an additional 1,977 shares during the last quarter. 98.11% of the stock is owned by hedge funds and other institutional investors.

Hillman Solutions Price Performance

HLMN stock opened at $9.23 on Friday. The company has a market capitalization of $1.82 billion, a PE ratio of 83.92 and a beta of 1.65. Hillman Solutions has a one year low of $6.55 and a one year high of $12.08. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.72 and a current ratio of 2.28. The company's fifty day moving average price is $9.60 and its 200-day moving average price is $8.31.

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

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.

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