Hillman Solutions Corp (NASDAQ:HLMN) Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its position in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 25.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,601,344 shares of the company's stock after selling 1,240,363 shares during the period. American Century Companies Inc. owned 1.83% of Hillman Solutions worth $35,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in HLMN. Teacher Retirement System of Texas grew its holdings in shares of Hillman Solutions by 456.3% during the fourth quarter. Teacher Retirement System of Texas now owns 197,036 shares of the company's stock worth $1,919,000 after buying an additional 161,615 shares in the last quarter. Xponance Inc. raised its holdings in Hillman Solutions by 10.1% in the 4th quarter. Xponance Inc. now owns 14,106 shares of the company's stock valued at $137,000 after acquiring an additional 1,297 shares during the last quarter. Intech Investment Management LLC lifted its stake in Hillman Solutions by 108.9% in the 4th quarter. Intech Investment Management LLC now owns 66,158 shares of the company's stock worth $644,000 after purchasing an additional 34,485 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of Hillman Solutions during the 4th quarter worth approximately $278,000. Finally, Cibc World Markets Corp acquired a new position in shares of Hillman Solutions during the 4th quarter worth approximately $179,000. 98.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HLMN has been the topic of a number of analyst reports. Barclays reduced their price objective on Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 16th. William Blair cut shares of Hillman Solutions from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 2nd. Benchmark restated a "buy" rating and set a $16.00 price objective on shares of Hillman Solutions in a research report on Wednesday, February 19th. Finally, Robert W. Baird decreased their target price on shares of Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating on the stock in a report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hillman Solutions presently has an average rating of "Moderate Buy" and an average price target of $13.60.

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Hillman Solutions Trading Up 0.4 %

Shares of Hillman Solutions stock traded up $0.04 on Tuesday, reaching $8.83. The company had a trading volume of 348,454 shares, compared to its average volume of 900,185. The firm's 50 day moving average price is $9.73 and its two-hundred day moving average price is $10.23. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. Hillman Solutions Corp has a 52-week low of $8.43 and a 52-week high of $12.08. The firm has a market cap of $1.74 billion, a PE ratio of 110.33 and a beta of 1.68.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01). Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The firm had revenue of $349.56 million during the quarter, compared to analysts' expectations of $350.45 million. During the same period in the previous year, the firm earned $0.10 EPS. Sell-side analysts predict that Hillman Solutions Corp 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.