Hillman Solutions Corp. $HLMN Holdings Decreased by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC decreased its holdings in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,357,129 shares of the company’s stock after selling 29,365 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Hillman Solutions were worth $52,530,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of HLMN. SG Americas Securities LLC purchased a new position in shares of Hillman Solutions during the first quarter valued at $567,000. Janney Montgomery Scott LLC boosted its position in Hillman Solutions by 14.5% during the first quarter. Janney Montgomery Scott LLC now owns 107,040 shares of the company’s stock valued at $941,000 after purchasing an additional 13,587 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Hillman Solutions by 1.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 7,111,414 shares of the company’s stock valued at $63,007,000 after purchasing an additional 67,389 shares during the last quarter. KBC Group NV acquired a new stake in Hillman Solutions during the first quarter valued at $35,000. Finally, Skylands Capital LLC boosted its position in Hillman Solutions by 156.5% during the first quarter. Skylands Capital LLC now owns 124,000 shares of the company’s stock valued at $1,090,000 after purchasing an additional 75,650 shares during the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Insider Buying and Selling at Hillman Solutions

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $9.86, for a total value of $44,685.52. Following the completion of the sale, the insider owned 56,618 shares of the company’s stock, valued at $558,253.48. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.90% of the stock is owned by corporate insiders.

Hillman Solutions Price Performance

Shares of NASDAQ:HLMN opened at $9.32 on Monday. Hillman Solutions Corp. has a fifty-two week low of $6.55 and a fifty-two week high of $12.08. The business has a 50-day moving average of $9.62 and a two-hundred day moving average of $8.33. The stock has a market capitalization of $1.84 billion, a P/E ratio of 84.73 and a beta of 1.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.28 and a quick ratio of 0.72.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. Hillman Solutions had a return on equity of 8.86% and a net margin of 1.44%.The company had revenue of $402.80 million during the quarter, compared to analysts’ expectations of $389.45 million. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. Hillman Solutions has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Analysts Set New Price Targets

HLMN has been the subject of a number of research reports. Wall Street Zen raised Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 4th. Barclays lifted their price objective on Hillman Solutions from $8.00 to $10.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Hillman Solutions in a research report on Tuesday, October 14th. Canaccord Genuity Group lifted their price objective on Hillman Solutions from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Stifel Nicolaus lifted their price objective on Hillman Solutions from $10.75 to $12.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.83.

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.