Key Points
- Insider Aaron Jerrod Parker sold 17,381 Hillman Solutions shares at an average price of $8.57, generating $148,955.17 and reducing his direct holdings by 24.11% to 54,723 shares.
- Hillman’s latest quarterly results met expectations with EPS of $0.17 and revenue of $442.25 million, above the $433.67 million consensus estimate.
- Analyst sentiment is mixed, with the stock carrying an overall “Hold” rating and a consensus price target of $12.50; institutional investors own 98.11% of outstanding shares.
Hillman Solutions Corp. (NASDAQ:HLMN - Get Free Report) insider Aaron Jerrod Parker sold 17,381 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $8.57, for a total transaction of $148,955.17. Following the sale, the insider directly owned 54,723 shares in the company, valued at approximately $468,976.11. This represents a 24.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Hillman Solutions Trading Down 0.7%
Shares of Hillman Solutions stock opened at $8.30 on Tuesday. Hillman Solutions Corp. has a 12-month low of $6.96 and a 12-month high of $10.85. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55. The stock has a market cap of $1.61 billion, a PE ratio of 37.73, a price-to-earnings-growth ratio of 1.17 and a beta of 1.39. The company has a 50-day moving average of $8.26 and a two-hundred day moving average of $8.27.
Hillman Solutions (NASDAQ:HLMN - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.17. The company had revenue of $442.25 million during the quarter, compared to the consensus estimate of $433.67 million. Hillman Solutions had a net margin of 2.57% and a return on equity of 9.11%. On average, research analysts anticipate that Hillman Solutions Corp. will post 0.6 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
HLMN has been the topic of a number of research analyst reports. Barclays boosted their target price on Hillman Solutions from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Monday, August 10th. Weiss Ratings raised Hillman Solutions from a "sell (d)" rating to a "sell (d+)" rating in a research note on Tuesday, August 4th. Canaccord Genuity Group decreased their price objective on shares of Hillman Solutions from $14.00 to $13.00 and set a "buy" rating on the stock in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut shares of Hillman Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $12.50.
Check Out Our Latest Stock Analysis on Hillman Solutions
Hedge Funds Weigh In On Hillman Solutions
Several hedge funds have recently bought and sold shares of HLMN. Kestra Advisory Services LLC purchased a new stake in shares of Hillman Solutions in the fourth quarter valued at $33,000. Los Angeles Capital Management LLC acquired a new position in Hillman Solutions in the 4th quarter valued at about $37,000. Public Employees Retirement System of Ohio purchased a new position in Hillman Solutions in the 2nd quarter valued at about $42,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Hillman Solutions during the 3rd quarter worth about $59,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Hillman Solutions during the 3rd quarter worth about $63,000. Hedge funds and other institutional investors own 98.11% of the company's stock.
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.
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