Franklin Resources Inc. Has $739,000 Position in Hillman Solutions Corp (NASDAQ:HLMN)

Franklin Resources Inc. lowered its stake in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 84.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,859 shares of the company's stock after selling 401,873 shares during the quarter. Franklin Resources Inc.'s holdings in Hillman Solutions were worth $739,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. R Squared Ltd acquired a new position in Hillman Solutions in the 4th quarter valued at approximately $32,000. Venturi Wealth Management LLC lifted its position in shares of 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 last quarter. Jones Financial Companies Lllp grew its position in Hillman Solutions by 285.7% in 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 last quarter. Entropy Technologies LP bought a new stake in shares of Hillman Solutions during the fourth quarter valued at approximately $106,000. Finally, Xponance Inc. lifted its stake in Hillman Solutions by 10.1% during the fourth quarter. Xponance Inc. now owns 14,106 shares of the company's stock worth $137,000 after purchasing an additional 1,297 shares during the period. Institutional investors and hedge funds own 98.11% of the company's stock.

Hillman Solutions Price Performance

Shares of NASDAQ HLMN traded up $0.08 during mid-day trading on Friday, reaching $7.63. The company had a trading volume of 1,426,098 shares, compared to its average volume of 964,437. Hillman Solutions Corp has a one year low of $7.24 and a one year high of $12.08. The business's 50-day simple moving average is $9.01 and its 200 day simple moving average is $9.95. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 95.39 and a beta of 1.67.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). The business had revenue of $349.56 million for the quarter, compared to analyst estimates of $350.45 million. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. During the same period in the previous year, the firm posted $0.10 EPS. On average, research analysts predict that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Robert W. Baird restated a "neutral" rating and set a $9.00 price target (down from $12.00) on shares of Hillman Solutions in a research report on Wednesday. Baird R W cut shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a report on Wednesday. Benchmark reiterated a "buy" rating and issued a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th. William Blair cut shares of Hillman Solutions from an "outperform" rating to a "market perform" rating in a report on Thursday, January 2nd. Finally, Barclays decreased their price target on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, Hillman Solutions presently has an average rating of "Hold" and an average price target of $11.50.

Hillman Solutions 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.