Hillman Solutions (NASDAQ:HLMN) Cut to “Market Perform” at William Blair

William Blair lowered shares of Hillman Solutions (NASDAQ:HLMN) from an outperform rating to a market perform rating in a report issued on Thursday morning, MarketBeat 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 analysts have also issued reports about the stock. Robert W. Baird upped their price target on shares of Hillman Solutions from $12.00 to $14.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Canaccord Genuity Group upped their target price on Hillman Solutions from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Barclays increased their price target on Hillman Solutions from $10.00 to $12.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 6th. Finally, Benchmark boosted their price objective on Hillman Solutions from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $14.20.

Hillman Solutions Stock Up 2.1 %

HLMN opened at $9.58 on Thursday. The stock’s 50 day moving average price is $10.73 and its 200 day moving average price is $10.07. 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 $1.88 billion, a P/E ratio of 239.56 and a beta of 1.65. Hillman Solutions has a 12 month low of $8.43 and a 12 month high of $12.08.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $393.30 million for the quarter, compared to analyst estimates of $389.50 million. Hillman Solutions had a return on equity of 8.81% and a net margin of 0.57%. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. As a group, research analysts predict that Hillman Solutions will post 0.53 earnings per share for the current year.

Insider Activity

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. First Horizon Advisors Inc. grew its stake in Hillman Solutions by 231.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock valued at $35,000 after acquiring an additional 2,317 shares in the last quarter. Rhumbline Advisers grew its position in Hillman Solutions by 1.0% during the second quarter. Rhumbline Advisers now owns 309,419 shares of the company’s stock valued at $2,738,000 after purchasing an additional 3,129 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Hillman Solutions by 8.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,116 shares of the company’s stock valued at $382,000 after buying an additional 3,299 shares during the period. Quarry LP purchased a new stake in Hillman Solutions in the 3rd quarter worth approximately $43,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Hillman Solutions by 103.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,779 shares of the company’s stock valued at $78,000 after buying an additional 4,473 shares during the period. 98.11% of the stock is owned by institutional investors and hedge funds.

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.