Zuckerman Investment Group LLC Sells 5,144 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Zuckerman Investment Group LLC decreased its position in Hillman Solutions Corp (NASDAQ:HLMN – Get Rating) by 1.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 508,143 shares of the company’s stock after selling 5,144 shares during the period. Zuckerman Investment Group LLC owned 0.26% of Hillman Solutions worth $3,831,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HLMN. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Hillman Solutions by 728.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,548,637 shares of the company’s stock valued at $73,861,000 after purchasing an additional 7,517,121 shares during the last quarter. Vanguard Group Inc. boosted its stake in Hillman Solutions by 86.8% in the first quarter. Vanguard Group Inc. now owns 8,783,728 shares of the company’s stock valued at $104,350,000 after acquiring an additional 4,080,908 shares during the last quarter. WCM Investment Management LLC acquired a new stake in Hillman Solutions during the 3rd quarter worth $14,361,000. State Street Corp raised its position in shares of Hillman Solutions by 432.1% during the 2nd quarter. State Street Corp now owns 2,199,548 shares of the company’s stock valued at $19,004,000 after acquiring an additional 1,786,195 shares during the last quarter. Finally, Natixis Advisors L.P. lifted its stake in shares of Hillman Solutions by 3,149.9% in the 2nd quarter. Natixis Advisors L.P. now owns 990,569 shares of the company’s stock valued at $8,559,000 after purchasing an additional 960,089 shares during the period.

Analyst Ratings Changes

A number of equities research analysts recently commented on HLMN shares. Raymond James decreased their price objective on Hillman Solutions from $12.00 to $10.50 and set an “outperform” rating for the company in a research note on Friday, October 14th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $10.00 price target (down from $15.00) on shares of Hillman Solutions in a research note on Wednesday, November 2nd.

Insider Activity at Hillman Solutions

In other Hillman Solutions news, CEO Douglas Cahill bought 129,000 shares of the stock in a transaction that occurred on Wednesday, November 30th. The stock was acquired at an average cost of $7.71 per share, with a total value of $994,590.00. Following the purchase, the chief executive officer now owns 402,628 shares in the company, valued at $3,104,261.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Robert O. Kraft acquired 65,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 30th. The shares were acquired at an average cost of $7.65 per share, with a total value of $497,250.00. Following the transaction, the chief financial officer now owns 225,094 shares of the company’s stock, valued at approximately $1,721,969.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas Cahill bought 129,000 shares of Hillman Solutions stock in a transaction that occurred on Wednesday, November 30th. The stock was bought at an average cost of $7.71 per share, with a total value of $994,590.00. Following the completion of the purchase, the chief executive officer now owns 402,628 shares in the company, valued at approximately $3,104,261.88. The disclosure for this purchase can be found here. In the last three months, insiders acquired 207,000 shares of company stock worth $1,590,380. 2.90% of the stock is owned by company insiders.

Hillman Solutions Trading Down 1.2 %

Shares of HLMN stock traded down $0.11 on Wednesday, hitting $9.12. The stock had a trading volume of 45,344 shares, compared to its average volume of 1,019,696. The company has a current ratio of 2.66, a quick ratio of 0.67 and a debt-to-equity ratio of 0.78. Hillman Solutions Corp has a twelve month low of $6.59 and a twelve month high of $12.45. The company has a fifty day moving average price of $7.80 and a two-hundred day moving average price of $8.17. The firm has a market cap of $1.77 billion, a P/E ratio of 923.92 and a beta of 1.35.

Hillman Solutions (NASDAQ:HLMN – Get Rating) last posted its earnings results on Thursday, November 3rd. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. Hillman Solutions had a return on equity of 7.32% and a net margin of 0.27%. The firm had revenue of $378.54 million during the quarter, compared to analysts’ expectations of $388.30 million. As a group, analysts forecast that Hillman Solutions Corp will post 0.36 earnings per share for the current fiscal year.

Hillman Solutions Profile

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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.