Susquehanna International Group LLP Boosts Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Susquehanna International Group LLP raised its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 126.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 386,912 shares of the company's stock after purchasing an additional 215,838 shares during the period. Susquehanna International Group LLP owned 0.20% of Hillman Solutions worth $3,769,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Hillman Solutions by 5.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company's stock valued at $89,199,000 after acquiring an additional 509,016 shares in the last quarter. Reinhart Partners LLC. increased its position in shares of Hillman Solutions by 1.7% during the fourth quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock valued at $74,145,000 after acquiring an additional 130,273 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Hillman Solutions by 10.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,419,079 shares of the company's stock valued at $62,521,000 after acquiring an additional 605,049 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Hillman Solutions by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company's stock valued at $24,244,000 after acquiring an additional 73,216 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Hillman Solutions by 0.9% during the fourth quarter. Wells Fargo & Company MN now owns 1,768,355 shares of the company's stock valued at $17,224,000 after acquiring an additional 16,048 shares in the last quarter. Institutional investors own 98.11% of the company's stock.

Hillman Solutions Stock Performance

HLMN stock traded up $0.07 during midday trading on Friday, hitting $7.75. 1,701,763 shares of the stock traded hands, compared to its average volume of 1,047,828. The stock's fifty day simple moving average is $8.22 and its 200-day simple moving average is $9.63. Hillman Solutions Corp has a 1-year low of $6.64 and a 1-year high of $12.08. The firm has a market cap of $1.53 billion, a P/E ratio of 96.89 and a beta of 1.70. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The business had revenue of $359.34 million for the quarter, compared to analyst estimates of $358.14 million. During the same quarter last year, the business earned $0.10 earnings per share. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. On average, analysts expect that Hillman Solutions Corp will post 0.58 earnings per share for the current year.

Insider Transactions at Hillman Solutions

In other Hillman Solutions news, CFO Robert O. Kraft purchased 140,000 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were purchased at an average cost 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 in the company, valued at approximately $4,486,211.68. This represents a 28.41% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 5.10% of the company's stock.

Wall Street Analysts Forecast Growth

HLMN has been the topic of several analyst reports. Raymond James set a $10.00 price target on shares of Hillman Solutions and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Benchmark reaffirmed a "buy" rating and set a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th. Robert W. Baird dropped their price target 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. 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. Finally, Baird R W cut shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 16th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Hillman Solutions has an average rating of "Hold" and a consensus price target of $11.00.

About Hillman Solutions

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.