Intech Investment Management LLC Buys 34,485 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Intech Investment Management LLC grew its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 108.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,158 shares of the company's stock after purchasing an additional 34,485 shares during the quarter. Intech Investment Management LLC's holdings in Hillman Solutions were worth $644,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Reinhart Partners LLC. lifted its position in shares of Hillman Solutions by 1.7% during the 4th quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock valued at $74,145,000 after buying an additional 130,273 shares during the last quarter. Geode Capital Management LLC grew its stake in Hillman Solutions by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company's stock valued at $50,203,000 after buying an additional 113,692 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Hillman Solutions by 3.0% during the 4th 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 during the period. Harbor Capital Advisors Inc. raised its holdings in Hillman Solutions by 1.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company's stock valued at $15,953,000 after acquiring an additional 26,832 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Hillman Solutions during the fourth quarter worth $11,318,000. Institutional investors own 98.11% of the company's stock.

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Hillman Solutions Price Performance

NASDAQ HLMN traded down $0.03 during trading hours on Thursday, reaching $9.02. 660,416 shares of the stock traded hands, compared to its average volume of 873,911. The stock has a 50 day simple moving average of $9.80 and a two-hundred day simple moving average of $10.25. Hillman Solutions Corp has a 1 year low of $8.43 and a 1 year high of $12.08. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 112.76 and a beta of 1.68.

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 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 net margin of 1.17% and a return on equity of 8.79%. During the same period in the prior year, the business posted $0.10 earnings per share. On average, analysts predict that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Robert W. Baird decreased their price objective on Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 19th. Barclays lowered 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. Benchmark reissued a "buy" rating and set a $16.00 price objective on shares of Hillman Solutions in a research note on Wednesday, February 19th. Finally, William Blair lowered Hillman Solutions from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Hillman Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $13.60.

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.