Lindenwold Advisors Buys New Stake in Hillman Solutions Corp (NASDAQ:HLMN)

Lindenwold Advisors bought a new stake in Hillman Solutions Corp (NASDAQ:HLMNGet Rating) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,840 shares of the company’s stock, valued at approximately $141,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC acquired a new position in Hillman Solutions in the fourth quarter valued at about $83,000. Hardy Reed LLC acquired a new position in Hillman Solutions in the first quarter valued at about $84,000. CIBC Asset Management Inc acquired a new position in Hillman Solutions in the fourth quarter valued at about $112,000. GSA Capital Partners LLP acquired a new position in Hillman Solutions in the fourth quarter valued at about $130,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Hillman Solutions in the fourth quarter valued at about $156,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on HLMN shares. Barclays reduced their target price on shares of Hillman Solutions from $15.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, July 14th. Raymond James dropped their price target on shares of Hillman Solutions from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Thursday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average price target of $15.21.

Hillman Solutions Stock Down 0.1 %

Shares of HLMN stock opened at $9.25 on Friday. The firm has a fifty day moving average of $9.76 and a 200-day moving average of $10.24. The company has a quick ratio of 0.57, a current ratio of 2.63 and a debt-to-equity ratio of 0.79. Hillman Solutions Corp has a 12-month low of $8.01 and a 12-month high of $13.46. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -71.15 and a beta of 1.45.

Hillman Solutions (NASDAQ:HLMNGet Rating) last announced its earnings results on Wednesday, August 3rd. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. Hillman Solutions had a negative net margin of 1.30% and a positive return on equity of 5.57%. The business had revenue of $394.11 million during the quarter, compared to analysts’ expectations of $404.85 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts predict that Hillman Solutions Corp will post 0.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Hillman Solutions news, Director Leary Dan O bought 10,000 shares of Hillman Solutions stock in a transaction that occurred on Thursday, May 12th. The stock was acquired at an average price of $10.45 per share, for a total transaction of $104,500.00. Following the completion of the acquisition, the director now owns 17,207 shares of the company’s stock, valued at approximately $179,813.15. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.90% of the stock is currently owned by corporate insiders.

About Hillman Solutions

(Get Rating)

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.

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Institutional Ownership by Quarter for Hillman Solutions (NASDAQ:HLMN)

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