Hillman Solutions Corp (NASDAQ:HLMN) Given Average Rating of "Hold" by Brokerages

Hillman Solutions Corp (NASDAQ:HLMN - Get Free Report) has been assigned an average rating of "Hold" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $11.50.

HLMN has been the subject of several recent analyst reports. Benchmark reissued a "buy" rating and issued a $16.00 price objective on shares of Hillman Solutions in a report on Wednesday, February 19th. Baird R W downgraded shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 16th. William Blair cut shares of Hillman Solutions from an "outperform" rating to a "market perform" rating in a report on Thursday, January 2nd. Barclays reduced their price target on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Robert W. Baird restated a "neutral" rating and issued a $9.00 price objective (down previously from $12.00) on shares of Hillman Solutions in a research note on Wednesday, April 16th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. acquired a new stake in Hillman Solutions during the 4th quarter worth approximately $17,290,000. Raymond James Financial Inc. bought a new position in Hillman Solutions during the 4th quarter worth $11,318,000. Reinhart Partners LLC. lifted its holdings in shares of Hillman Solutions by 13.8% during the first quarter. Reinhart Partners LLC. now owns 8,659,239 shares of the company's stock worth $76,115,000 after buying an additional 1,046,765 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Hillman Solutions by 10.4% in 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 during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Hillman Solutions by 5.9% in 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. 98.11% of the stock is owned by institutional investors.

Hillman Solutions Stock Up 2.8 %

Hillman Solutions stock traded up $0.21 during mid-day trading on Friday, reaching $7.73. The company's stock had a trading volume of 1,540,800 shares, compared to its average volume of 970,829. 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 has a 12 month low of $7.24 and a 12 month high of $12.08. The business's 50 day simple moving average is $8.84 and its 200 day simple moving average is $9.90. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 96.64 and a beta of 1.67.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The company had revenue of $349.56 million during the quarter, compared to the consensus estimate of $350.45 million. During the same quarter in the previous year, the business earned $0.10 EPS. As a group, research analysts anticipate that Hillman Solutions will post 0.58 earnings per share for the current 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.