Hillman Solutions Corp (NASDAQ:HLMN) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 50.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,146 shares of the company’s stock after buying an additional 17,456 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Hillman Solutions were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the business. Anchor Capital Advisors LLC lifted its stake in Hillman Solutions by 6.9% during the second quarter. Anchor Capital Advisors LLC now owns 158,399 shares of the company’s stock worth $1,402,000 after purchasing an additional 10,255 shares during the last quarter. Rhumbline Advisers raised its holdings in Hillman Solutions by 1.0% during the second quarter. Rhumbline Advisers now owns 309,419 shares of the company’s stock worth $2,738,000 after purchasing an additional 3,129 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Hillman Solutions by 8.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,116 shares of the company’s stock worth $382,000 after buying an additional 3,299 shares during the last quarter. Conestoga Capital Advisors LLC boosted its holdings in shares of Hillman Solutions by 3.5% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 9,618,653 shares of the company’s stock valued at $85,125,000 after buying an additional 328,740 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. grew its position in shares of Hillman Solutions by 0.8% in the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 717,087 shares of the company’s stock valued at $6,346,000 after buying an additional 5,400 shares during the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Hillman Solutions Trading Down 0.4 %

NASDAQ HLMN opened at $10.62 on Friday. Hillman Solutions Corp has a one year low of $6.02 and a one year high of $10.85. The firm has a market cap of $2.08 billion, a PE ratio of -1,062.00 and a beta of 1.66. The firm’s fifty day moving average is $9.66 and its two-hundred day moving average is $9.55. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.77 and a current ratio of 2.32.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Hillman Solutions had a return on equity of 7.96% and a net margin of 0.41%. The firm had revenue of $379.43 million during the quarter, compared to the consensus estimate of $383.53 million. During the same period in the prior year, the business earned $0.13 EPS. Analysts expect that Hillman Solutions Corp will post 0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

HLMN has been the subject of several research analyst reports. Barclays upped their price objective on shares of Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Monday, August 12th. Benchmark reissued a “buy” rating and issued a $13.00 target price on shares of Hillman Solutions in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Hillman Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $11.92.

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.