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

Key Points

• Hillman Solutions Corp. has received a consensus rating of "Moderate Buy" from eight analysts, with an average target price of $11.83.
• The company recently reported a quarterly EPS of $0.17, exceeding estimates, alongside a revenue increase of 6.2% year-over-year.
• Insider Aaron Jerrod Parker sold 4,532 shares at an average price of $9.86, representing a 7.41% decrease in their position.

Shares of Hillman Solutions Corp. (NASDAQ:HLMN - Get Free Report) have been given an average rating of "Moderate Buy" by the eight analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $11.8333.

HLMN has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their price target on shares of Hillman Solutions from $10.75 to $12.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Barclays raised their price target on shares of Hillman Solutions from $8.00 to $10.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Canaccord Genuity Group raised their price target on shares of Hillman Solutions from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Hillman Solutions from a "buy" rating to a "strong-buy" rating in a report on Saturday.

Hillman Solutions Stock Down 2.6%

HLMN stock opened at $9.71 on Monday. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 88.28 and a beta of 1.67. The company has a current ratio of 2.28, a quick ratio of 0.72 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. The firm has a 50-day moving average of $9.04 and a two-hundred day moving average of $8.29.

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, beating analysts' consensus estimates of $0.15 by $0.02. The company had revenue of $402.80 million during the quarter, compared to the consensus estimate of $389.45 million. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. The company'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, analysts forecast that Hillman Solutions will post 0.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Hillman Solutions

In related news, insider Aaron Jerrod Parker sold 4,532 shares of the 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 transaction, the insider owned 56,618 shares of the company's stock, valued at approximately $558,253.48. This trade represents a 7.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 4.90% of the company's stock.

Hedge Funds Weigh In On Hillman Solutions

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Hillman Solutions by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 19,575,307 shares of the company's stock worth $172,067,000 after purchasing an additional 134,830 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Hillman Solutions by 0.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 14,214,891 shares of the company's stock worth $124,949,000 after purchasing an additional 64,966 shares during the period. Burgundy Asset Management Ltd. boosted its position in shares of Hillman Solutions by 18.0% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 11,202,558 shares of the company's stock worth $79,986,000 after purchasing an additional 1,712,688 shares during the period. Reinhart Partners LLC. boosted its position in shares of Hillman Solutions by 16.1% during the 2nd quarter. Reinhart Partners LLC. now owns 10,053,219 shares of the company's stock worth $71,780,000 after purchasing an additional 1,393,980 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Hillman Solutions by 65.9% during the 2nd quarter. American Century Companies Inc. now owns 7,480,165 shares of the company's stock worth $53,408,000 after purchasing an additional 2,972,293 shares during the period. Hedge funds and other institutional investors own 98.11% of the company's stock.

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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