Key Points
- Amanda Kitzberger, an insider at Hillman Solutions, sold 11,804 shares on March 10 at an average price of $8.29 for about $97,855, cutting her stake by 13.98% to 72,605 shares.
- Hillman’s latest quarter showed EPS of $0.10 (in line with estimates) and revenue of $365.14M (slightly below the $371.69M consensus), with revenue up 4.5% year‑over‑year and a net margin of 2.6%.
- Shares trade near $8 (12‑month range $6.55–$10.85) with a $1.58B market cap; analysts hold a consensus “Moderate Buy” rating and a $11.33 price target, though several firms recently trimmed targets from $15 to $14.
Hillman Solutions Corp. (NASDAQ:HLMN - Get Free Report) insider Scott Kelley Moore sold 1,451 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $8.29, for a total transaction of $12,028.79. Following the completion of the sale, the insider owned 108,170 shares of the company's stock, valued at approximately $896,729.30. The trade was a 1.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Hillman Solutions Stock Performance
Shares of NASDAQ HLMN traded up $0.03 during trading hours on Friday, reaching $8.06. The stock had a trading volume of 1,526,010 shares, compared to its average volume of 1,712,083. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 38.36 and a beta of 1.67. Hillman Solutions Corp. has a twelve month low of $6.55 and a twelve month high of $10.85. The business's fifty day moving average is $9.31 and its two-hundred day moving average is $9.24. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.51 and a quick ratio of 0.62.
Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. Hillman Solutions had a net margin of 2.60% and a return on equity of 9.57%. The firm had revenue of $365.14 million for the quarter, compared to analyst estimates of $371.69 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The business's revenue for the quarter was up 4.5% on a year-over-year basis. As a group, research analysts expect that Hillman Solutions Corp. will post 0.58 EPS for the current year.
Institutional Investors Weigh In On Hillman Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of HLMN. Reinhart Partners LLC. grew its holdings in shares of Hillman Solutions by 8.8% during the fourth quarter. Reinhart Partners LLC. now owns 11,388,518 shares of the company's stock worth $98,625,000 after purchasing an additional 916,986 shares during the last quarter. Burgundy Asset Management Ltd. grew its holdings in Hillman Solutions by 18.0% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 11,202,558 shares of the company's stock worth $79,986,000 after acquiring an additional 1,712,688 shares during the last quarter. Bank of Montreal Can increased its position in Hillman Solutions by 71,052.9% in the 4th quarter. Bank of Montreal Can now owns 10,854,382 shares of the company's stock valued at $93,999,000 after acquiring an additional 10,839,127 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Hillman Solutions by 3.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,788,859 shares of the company's stock worth $76,114,000 after acquiring an additional 310,732 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Hillman Solutions by 65.9% during the second quarter. American Century Companies Inc. now owns 7,480,165 shares of the company's stock worth $53,408,000 after purchasing an additional 2,972,293 shares in the last quarter. 98.11% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Canaccord Genuity Group cut their price target on shares of Hillman Solutions from $15.00 to $14.00 and set a "buy" rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reissued a "hold (c)" rating on shares of Hillman Solutions in a report on Friday, January 9th. Wall Street Zen downgraded Hillman Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Finally, Benchmark dropped their price objective on Hillman Solutions from $15.00 to $14.00 and set a "buy" rating for the company in a research note on Friday, February 20th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $11.33.
View Our Latest Analysis on Hillman Solutions
Hillman Solutions Company Profile
(
Get Free Report)
Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company's portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman's product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.
Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
