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

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 earned an average rating of "Moderate Buy" from the eight brokerages that are covering the company, Marketbeat Ratings reports. Four equities research 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 brokers that have updated their coverage on the stock in the last year is $11.4167.

HLMN has been the subject of several research reports. Robert W. Baird decreased their price objective on shares of Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating for the company in a research note on Wednesday, April 30th. Raymond James Financial set a $10.00 price objective on shares of Hillman Solutions and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Wall Street Zen upgraded shares of Hillman Solutions from a "hold" rating to a "buy" rating in a research note on Monday, August 11th. Stifel Nicolaus assumed coverage on shares of Hillman Solutions in a research note on Monday, July 14th. They set a "buy" rating and a $9.50 price objective for the company. Finally, Barclays upped their target price on shares of Hillman Solutions from $8.00 to $10.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th.

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 on Friday, August 8th. The shares were sold at an average price of $9.86, for a total value of $44,685.52. Following the completion of the transaction, the insider directly owned 56,618 shares in the company, valued at approximately $558,253.48. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Hudson Bay Capital Management LP acquired a new stake in Hillman Solutions in the second quarter valued at $1,501,000. Tower Research Capital LLC TRC raised its holdings in shares of Hillman Solutions by 235.7% during the second quarter. Tower Research Capital LLC TRC now owns 17,824 shares of the company's stock worth $127,000 after purchasing an additional 12,515 shares during the period. Zuckerman Investment Group LLC raised its holdings in shares of Hillman Solutions by 1.5% during the second quarter. Zuckerman Investment Group LLC now owns 1,152,954 shares of the company's stock worth $8,232,000 after purchasing an additional 16,896 shares during the period. Oxford Asset Management LLP acquired a new stake in shares of Hillman Solutions during the second quarter worth $173,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of Hillman Solutions during the second quarter worth $75,000. 98.11% of the stock is currently owned by hedge funds and other institutional investors.

Hillman Solutions Trading Down 0.7%

Hillman Solutions stock traded down $0.07 during trading on Thursday, reaching $9.94. The company had a trading volume of 1,163,928 shares, compared to its average volume of 1,981,189. Hillman Solutions has a 12-month low of $6.55 and a 12-month high of $12.08. The stock's 50 day moving average price is $8.32 and its two-hundred day moving average price is $8.33. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 90.37 and a beta of 1.66. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.72 and a current ratio of 2.28.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating 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 firm 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% on a year-over-year basis. Hillman Solutions has set its FY 2025 guidance at EPS. As a group, equities analysts expect that Hillman Solutions will post 0.58 earnings per share 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.