Hillman Solutions Corp (NASDAQ:HLMN) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC increased its position in Hillman Solutions Corp (NASDAQ:HLMN) by 108.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,158 shares of the company’s stock after buying 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 large investors have also bought and sold shares of the company. R Squared Ltd acquired a new stake in Hillman Solutions in the 4th quarter valued at about $32,000. First Horizon Advisors Inc. lifted its stake in Hillman Solutions by 231.7% during the third quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock valued at $35,000 after purchasing an additional 2,317 shares during the last quarter. Quarry LP bought a new stake in Hillman Solutions during the third quarter worth approximately $43,000. Venturi Wealth Management LLC grew its position in Hillman Solutions by 1,337.4% in the fourth quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company’s stock worth $68,000 after buying an additional 6,500 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Hillman Solutions by 285.7% in the fourth quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company’s stock valued at $78,000 after buying an additional 5,915 shares in the last quarter. Institutional investors own 98.11% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Robert W. Baird decreased their target price on Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating on the stock in a report on Wednesday, February 19th. William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Barclays decreased their target price on shares of Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. Finally, Benchmark restated a “buy” rating and set a $16.00 price target on shares of Hillman Solutions in a report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $13.60.

Hillman Solutions Trading Down 0.1 %

NASDAQ:HLMN opened at $8.98 on Monday. The stock’s 50-day moving average is $9.85 and its two-hundred day moving average is $10.26. 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 stock has a market cap of $1.77 billion, a PE ratio of 112.26 and a beta of 1.68. Hillman Solutions Corp has a fifty-two week low of $8.43 and a fifty-two week high of $12.08.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $350.45 million. During the same period in the previous year, the firm posted $0.10 earnings per share. As a group, equities research analysts forecast that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.

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.