Fox Run Management L.L.C. Boosts Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Fox Run Management L.L.C. lifted its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 198.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,874 shares of the company’s stock after acquiring an additional 25,185 shares during the period. Fox Run Management L.L.C.’s holdings in Hillman Solutions were worth $369,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HLMN. Reinhart Partners LLC. increased its position in 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 purchasing an additional 130,273 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Hillman Solutions by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock worth $50,203,000 after buying an additional 113,692 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Hillman Solutions by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company’s stock worth $24,244,000 after buying an additional 73,216 shares during the period. Harbor Capital Advisors Inc. raised its position in shares of Hillman Solutions by 1.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company’s stock worth $15,953,000 after buying an additional 26,832 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Hillman Solutions in the fourth quarter valued at $11,318,000. 98.11% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Hillman Solutions Trading Up 0.2 %

HLMN opened at $9.05 on Thursday. The firm has a market capitalization of $1.79 billion, a P/E ratio of 113.14 and a beta of 1.68. The firm’s 50 day moving average is $9.80 and its 200-day moving average is $10.25. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a 52-week low of $8.43 and a 52-week high of $12.08.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data 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 firm had revenue of $349.56 million during the quarter, compared to analysts’ expectations of $350.45 million. During the same period in the previous year, the company earned $0.10 earnings per share. Analysts expect that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

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.