Hillman Solutions Corp (NASDAQ:HLMN) Shares Purchased by Atria Investments Inc

Atria Investments Inc boosted its holdings in Hillman Solutions Corp (NASDAQ:HLMN) by 24.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 75,656 shares of the company’s stock after purchasing an additional 14,904 shares during the quarter. Atria Investments Inc’s holdings in Hillman Solutions were worth $799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its holdings in shares of Hillman Solutions by 131.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,611,051 shares of the company’s stock valued at $17,013,000 after acquiring an additional 914,151 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Hillman Solutions by 23.0% in the third quarter. Janney Montgomery Scott LLC now owns 72,533 shares of the company’s stock valued at $766,000 after purchasing an additional 13,585 shares during the last quarter. US Bancorp DE increased its stake in Hillman Solutions by 508.2% in the third quarter. US Bancorp DE now owns 18,660 shares of the company’s stock valued at $197,000 after purchasing an additional 15,592 shares during the last quarter. Bernzott Capital Advisors raised its holdings in Hillman Solutions by 0.8% during the third quarter. Bernzott Capital Advisors now owns 761,141 shares of the company’s stock worth $8,038,000 after purchasing an additional 5,882 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Hillman Solutions by 1.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,157,946 shares of the company’s stock worth $75,588,000 after buying an additional 93,759 shares during the last quarter. 98.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HLMN has been the topic of a number of recent analyst reports. Barclays increased their target price on shares of Hillman Solutions from $10.00 to $12.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 6th. Canaccord Genuity Group upped their price objective on shares of Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Benchmark reiterated a “buy” rating and set a $13.00 target price on shares of Hillman Solutions in a research report on Thursday, August 8th. Finally, Robert W. Baird boosted their target price on Hillman Solutions from $12.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.60.

Hillman Solutions Stock Up 0.2 %

Shares of NASDAQ:HLMN opened at $10.78 on Tuesday. Hillman Solutions Corp has a 1-year low of $7.05 and a 1-year high of $12.08. 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 $2.12 billion, a P/E ratio of 269.57 and a beta of 1.65. The firm has a fifty day moving average price of $10.54 and a 200 day moving average price of $9.74.

Hillman Solutions (NASDAQ:HLMN) last announced its earnings results on Tuesday, November 5th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $393.30 million during the quarter, compared to the consensus estimate of $389.50 million. Hillman Solutions had a net margin of 0.57% and a return on equity of 8.81%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Sell-side analysts predict that Hillman Solutions Corp will post 0.53 EPS for the current year.

About Hillman Solutions

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.