Jones Financial Companies Lllp Boosts Stock Position in Hillman Solutions Corp (NASDAQ:HLMN)

Jones Financial Companies Lllp lifted its position in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 285.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,985 shares of the company’s stock after buying an additional 5,915 shares during the period. Jones Financial Companies Lllp’s holdings in Hillman Solutions were worth $78,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Reinhart Partners LLC. raised its stake in shares of Hillman Solutions by 1.7% during the fourth quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company’s stock worth $74,145,000 after acquiring an additional 130,273 shares in the last quarter. Geode Capital Management LLC raised its position in Hillman Solutions by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock worth $50,203,000 after purchasing an additional 113,692 shares during the period. Natixis Advisors LLC lifted its stake in Hillman Solutions by 0.5% in the third quarter. Natixis Advisors LLC now owns 2,512,226 shares of the company’s stock worth $26,529,000 after purchasing an additional 13,439 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Hillman Solutions by 4.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,415,894 shares of the company’s stock valued at $25,512,000 after buying an additional 95,022 shares during the period. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Hillman Solutions by 1.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company’s stock valued at $15,953,000 after buying an additional 26,832 shares during the last quarter. Institutional investors own 98.11% of the company’s stock.

Analyst Ratings Changes

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

Hillman Solutions Stock Performance

NASDAQ:HLMN opened at $9.25 on Monday. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The firm’s fifty day simple moving average is $9.90 and its 200 day simple moving average is $10.29. The stock has a market cap of $1.83 billion, a P/E ratio of 115.64 and a beta of 1.68. Hillman Solutions Corp has a twelve month low of $8.43 and a twelve month high of $12.08.

Hillman Solutions (NASDAQ:HLMN) last announced its earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share 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 the consensus estimate of $350.45 million. During the same period in the previous year, the firm posted $0.10 EPS. As a group, research analysts predict that Hillman Solutions Corp will post 0.58 EPS for the current 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.