Hillman Solutions (NASDAQ:HLMN) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Hillman Solutions (NASDAQ:HLMN) issued its quarterly earnings data on Tuesday. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04, Zacks reports. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. Hillman Solutions updated its FY 2025 guidance to EPS.

Hillman Solutions Price Performance

Shares of NASDAQ HLMN opened at $9.28 on Tuesday. The company has a current ratio of 2.28, a quick ratio of 0.72 and a debt-to-equity ratio of 0.57. The stock has a market cap of $1.83 billion, a P/E ratio of 84.37 and a beta of 1.65. The stock has a 50 day moving average of $9.54 and a two-hundred day moving average of $8.48. Hillman Solutions has a twelve month low of $6.55 and a twelve month high of $12.08.

Analyst Ratings Changes

A number of analysts have recently commented on HLMN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Hillman Solutions in a research note on Tuesday, October 14th. Canaccord Genuity Group raised their target price on Hillman Solutions from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Stifel Nicolaus boosted their price target on Hillman Solutions from $10.75 to $12.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Barclays raised their price objective on Hillman Solutions from $8.00 to $10.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 4th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.83.

Insider Activity at Hillman Solutions

In other news, insider Aaron Jerrod Parker sold 4,532 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $9.86, for a total transaction of $44,685.52. Following the completion of the sale, the insider owned 56,618 shares in the company, valued at $558,253.48. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Qube Research & Technologies Ltd raised its holdings in Hillman Solutions by 86.9% during the second quarter. Qube Research & Technologies Ltd now owns 1,492,352 shares of the company’s stock worth $10,655,000 after purchasing an additional 693,838 shares in the last quarter. Zuckerman Investment Group LLC lifted its holdings in Hillman Solutions by 1.5% in the second quarter. Zuckerman Investment Group LLC now owns 1,152,954 shares of the company’s stock valued at $8,232,000 after acquiring an additional 16,896 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Hillman Solutions by 5.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,947 shares of the company’s stock worth $3,463,000 after purchasing an additional 21,619 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Hillman Solutions by 334.9% during the 1st quarter. Jane Street Group LLC now owns 298,438 shares of the company’s stock worth $2,623,000 after purchasing an additional 229,815 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Hillman Solutions in the second quarter valued at about $1,760,000. 98.11% of the stock is currently owned by institutional investors and hedge funds.

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.