Hillman Solutions (NASDAQ:HLMN) Lowered to Market Perform Rating by William Blair

Hillman Solutions (NASDAQ:HLMN) was downgraded by equities research analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued on Thursday, Marketbeat.com reports. William Blair also issued estimates for Hillman Solutions’ Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.18 EPS, FY2025 earnings at $0.55 EPS and FY2026 earnings at $0.64 EPS.

Other equities analysts have also recently issued research reports about the stock. Robert W. Baird upped their target price on shares of Hillman Solutions from $12.00 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. Benchmark raised their target price on shares of Hillman Solutions from $13.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Canaccord Genuity Group boosted their target price 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. Finally, Barclays raised their price target on Hillman Solutions from $10.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 6th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Hillman Solutions has an average rating of “Moderate Buy” and a consensus target price of $14.20.

Hillman Solutions Stock Performance

Shares of HLMN stock opened at $9.58 on Thursday. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 239.56 and a beta of 1.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. Hillman Solutions has a one year low of $8.43 and a one year high of $12.08. The company’s 50-day moving average is $10.73 and its 200 day moving average is $10.06.

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

Insider Buying and Selling

In other Hillman Solutions news, Director Philip Woodlief sold 19,779 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $11.18, for a total transaction of $221,129.22. Following the sale, the director now owns 55,811 shares in the company, valued at approximately $623,966.98. This trade represents a 26.17 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott Ride sold 72,523 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $10.66, for a total transaction of $773,095.18. Following the completion of the transaction, the insider now owns 70,369 shares of the company’s stock, valued at approximately $750,133.54. The trade was a 50.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Harbor Capital Advisors Inc. increased its stake in Hillman Solutions by 131.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,611,051 shares of the company’s stock worth $17,013,000 after buying an additional 914,151 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Hillman Solutions by 13.8% during the second quarter. Dimensional Fund Advisors LP now owns 4,760,968 shares of the company’s stock worth $42,134,000 after purchasing an additional 578,042 shares in the last quarter. Reinhart Partners LLC. grew its position in shares of Hillman Solutions by 7.2% during the third quarter. Reinhart Partners LLC. now owns 7,482,201 shares of the company’s stock worth $79,012,000 after purchasing an additional 503,809 shares in the last quarter. Renaissance Technologies LLC raised its stake in Hillman Solutions by 460.9% during the 2nd quarter. Renaissance Technologies LLC now owns 326,029 shares of the company’s stock valued at $2,885,000 after purchasing an additional 267,900 shares during the period. Finally, Barclays PLC lifted its holdings in Hillman Solutions by 326.8% in the 3rd quarter. Barclays PLC now owns 305,468 shares of the company’s stock worth $3,226,000 after purchasing an additional 233,894 shares in the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Hillman Solutions Company 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.