Hillman Solutions Corp. (NASDAQ:HLMN) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Hillman Solutions Corp. has a consensus rating of "Moderate Buy" from eight analysts, with an average 12-month price target of $11.42.
• In its latest earnings report, Hillman Solutions exceeded expectations with $0.17 earnings per share and recorded a revenue of $402.80 million, a 6.2% year-over-year increase.
• Insider Aaron Jerrod Parker sold 4,532 shares of Hillman Solutions, decreasing their ownership by 7.41%, while 98.11% of the stock is held by institutional investors.

Hillman Solutions Corp. (NASDAQ:HLMN - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $11.4167.

Several equities analysts have issued reports on HLMN shares. Barclays boosted their price target on Hillman Solutions from $8.00 to $10.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. Robert W. Baird dropped their target price on shares of Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Wall Street Zen raised Hillman Solutions from a "hold" rating to a "buy" rating in a research report on Monday, August 11th. Stifel Nicolaus started coverage on shares of Hillman Solutions in a research report on Monday, July 14th. They issued a "buy" rating and a $9.50 price target on the stock. Finally, Raymond James Financial set a $10.00 target price on Hillman Solutions and gave the stock an "outperform" rating in a research note on Wednesday, April 30th.

Hillman Solutions Price Performance

HLMN stock opened at $9.68 on Thursday. The company's 50-day moving average price is $8.08 and its two-hundred day moving average price is $8.35. The firm has a market cap of $1.91 billion, a P/E ratio of 88.01 and a beta of 1.66. 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 has a 12 month low of $6.55 and a 12 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. Hillman Solutions had a return on equity of 8.86% and a net margin of 1.44%.The business had revenue of $402.80 million for the quarter, compared to analyst estimates of $389.45 million. 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 will post 0.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Hillman Solutions

In other news, insider Aaron Jerrod Parker sold 4,532 shares of the company'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 $558,253.48. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 4.90% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. White Pine Capital LLC boosted its stake in shares of Hillman Solutions by 1.1% during the second quarter. White Pine Capital LLC now owns 95,358 shares of the company's stock valued at $681,000 after purchasing an additional 1,074 shares during the period. Bank of Montreal Can increased its stake in shares of 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 buying an additional 1,268 shares during the period. Cetera Investment Advisers raised its holdings in Hillman Solutions by 4.1% during the 4th quarter. Cetera Investment Advisers now owns 33,743 shares of the company's stock valued at $329,000 after buying an additional 1,325 shares during the last quarter. Principal Financial Group Inc. boosted its position in Hillman Solutions by 12.4% during the 1st quarter. Principal Financial Group Inc. now owns 13,482 shares of the company's stock valued at $119,000 after buying an additional 1,491 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Hillman Solutions by 2.5% in the 1st quarter. Victory Capital Management Inc. now owns 76,530 shares of the company's stock worth $673,000 after acquiring an additional 1,872 shares during the last quarter. 98.11% of the stock is currently owned by hedge funds and other institutional investors.

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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