8,100 Shares in Hillman Solutions Corp (NASDAQ:HLMN) Purchased by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Hillman Solutions Corp (NASDAQ:HLMN) during the 4th quarter, HoldingsChannel reports. The firm bought 8,100 shares of the company’s stock, valued at approximately $79,000.

A number of other institutional investors have also added to or reduced their stakes in HLMN. T. Rowe Price Investment Management Inc. bought a new position in shares of Hillman Solutions during the fourth quarter valued at approximately $17,290,000. Raymond James Financial Inc. bought a new stake in Hillman Solutions during the 4th quarter valued at $11,318,000. Dimensional Fund Advisors LP boosted its position in Hillman Solutions by 10.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,419,079 shares of the company’s stock valued at $62,521,000 after acquiring an additional 605,049 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Hillman Solutions by 5.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company’s stock valued at $89,199,000 after acquiring an additional 509,016 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Hillman Solutions by 629.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 529,235 shares of the company’s stock worth $5,155,000 after acquiring an additional 456,666 shares in the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HLMN. Benchmark reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Hillman Solutions in a research report on Wednesday, February 19th. Robert W. Baird lowered their target price on shares of Hillman Solutions from $9.00 to $8.00 and set a “neutral” rating for the company in a research note on Wednesday, April 30th. Barclays reduced their price target on Hillman Solutions from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Raymond James set a $10.00 price objective on Hillman Solutions and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Finally, Baird R W downgraded Hillman Solutions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Insider Transactions at Hillman Solutions

In other Hillman Solutions news, CFO Robert O. Kraft purchased 140,000 shares of Hillman Solutions stock in a transaction dated Thursday, May 1st. The stock was acquired at an average cost of $7.09 per share, with a total value of $992,600.00. Following the acquisition, the chief financial officer now directly owns 632,752 shares of the company’s stock, valued at $4,486,211.68. This represents a 28.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.10% of the company’s stock.

Hillman Solutions Trading Down 0.5%

Shares of NASDAQ HLMN opened at $8.06 on Friday. The stock has a fifty day simple moving average of $8.09 and a 200-day simple moving average of $9.55. The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a twelve month low of $6.64 and a twelve month high of $12.08. The stock has a market capitalization of $1.59 billion, a PE ratio of 100.76 and a beta of 1.70.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. The business had revenue of $359.34 million during the quarter, compared to the consensus estimate of $358.14 million. During the same period in the prior year, the company earned $0.10 earnings per share. The company’s revenue was up 2.6% compared to the same quarter last year. On average, equities analysts forecast that Hillman Solutions Corp will post 0.58 earnings per share for the current 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.