Hillman Solutions Corp (NASDAQ:HLMN) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its position in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 456.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 197,036 shares of the company's stock after buying an additional 161,615 shares during the period. Teacher Retirement System of Texas owned about 0.10% of Hillman Solutions worth $1,919,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Intech Investment Management LLC purchased a new stake in shares of Hillman Solutions during the third quarter worth about $334,000. Charles Schwab Investment Management Inc. increased its stake in Hillman Solutions by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,415,894 shares of the company's stock worth $25,512,000 after buying an additional 95,022 shares in the last quarter. FMR LLC raised its holdings in shares of Hillman Solutions by 338.9% during the third quarter. FMR LLC now owns 22,199 shares of the company's stock valued at $234,000 after acquiring an additional 17,141 shares during the last quarter. Quarry LP purchased a new position in shares of Hillman Solutions in the third quarter valued at approximately $43,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of Hillman Solutions in the third quarter valued at approximately $210,000. Institutional investors and hedge funds own 98.11% of the company's stock.

Hillman Solutions Trading Up 1.2 %

NASDAQ:HLMN traded up $0.10 on Monday, reaching $8.79. The company's stock had a trading volume of 1,528,054 shares, compared to its average volume of 902,313. Hillman Solutions Corp has a 12-month low of $8.43 and a 12-month high of $12.08. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $9.73 and a 200 day moving average price of $10.23. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 109.89 and a beta of 1.68.

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Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its earnings results 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). The firm had revenue of $349.56 million during the quarter, compared to analyst estimates 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 firm earned $0.10 earnings per share. On average, equities analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays reduced their price objective on Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating for the company in a research note 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. Robert W. Baird lowered their price target on shares of Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Finally, Benchmark reiterated a "buy" rating and issued a $16.00 price objective on shares of Hillman Solutions in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.