Hillman Solutions Corp (NASDAQ:HLMN) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,489,110 shares of the company's stock after purchasing an additional 73,216 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.27% of Hillman Solutions worth $24,244,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HLMN. R Squared Ltd purchased a new stake in Hillman Solutions during the 4th quarter worth about $32,000. First Horizon Advisors Inc. increased its holdings in Hillman Solutions by 231.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company's stock worth $35,000 after purchasing an additional 2,317 shares during the period. Quarry LP purchased a new stake in Hillman Solutions during the 3rd quarter worth about $43,000. Venturi Wealth Management LLC increased its holdings in Hillman Solutions by 1,337.4% during the 4th quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company's stock worth $68,000 after purchasing an additional 6,500 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in Hillman Solutions by 285.7% during the 4th quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company's stock worth $78,000 after purchasing an additional 5,915 shares during the period. Hedge funds and other institutional investors own 98.11% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on HLMN shares. Barclays cut their price target on Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating on the stock in a report on Thursday, January 16th. William Blair downgraded Hillman Solutions from an "outperform" rating to a "market perform" rating in a report on Thursday, January 2nd. Benchmark reiterated a "buy" rating and issued a $16.00 price objective on shares of Hillman Solutions in a report on Wednesday, February 19th. Finally, Robert W. Baird dropped their price objective on 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 company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $13.60.

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Hillman Solutions Stock Down 0.1 %

Shares of HLMN traded down $0.01 during mid-day trading on Friday, reaching $8.98. The company's stock had a trading volume of 1,669,521 shares, compared to its average volume of 873,681. The company's 50 day moving average is $9.85 and its 200 day moving average is $10.26. The stock has a market cap of $1.77 billion, a PE ratio of 112.26 and a beta of 1.68. 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 Corp has a 12-month low of $8.43 and a 12-month high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its quarterly 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). The firm had revenue of $349.56 million for the quarter, compared to analysts' expectations of $350.45 million. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. During the same quarter in the prior year, the business earned $0.10 EPS. Equities analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

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.