Hillman Solutions Corp. $HLMN Shares Bought by Reinhart Partners LLC.

Reinhart Partners LLC. lifted its position in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,471,532 shares of the company’s stock after acquiring an additional 418,313 shares during the quarter. Hillman Solutions accounts for approximately 3.1% of Reinhart Partners LLC.’s portfolio, making the stock its 8th largest holding. Reinhart Partners LLC. owned about 0.05% of Hillman Solutions worth $96,129,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bernzott Capital Advisors boosted its holdings in Hillman Solutions by 1.0% in the 3rd quarter. Bernzott Capital Advisors now owns 877,436 shares of the company’s stock valued at $8,055,000 after purchasing an additional 8,993 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Hillman Solutions by 3.2% in the 3rd quarter. Nordea Investment Management AB now owns 749,843 shares of the company’s stock valued at $6,827,000 after buying an additional 23,547 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Hillman Solutions in the 3rd quarter valued at approximately $104,000. SG Americas Securities LLC boosted its stake in shares of Hillman Solutions by 379.5% in the third quarter. SG Americas Securities LLC now owns 49,903 shares of the company’s stock valued at $458,000 after buying an additional 39,495 shares in the last quarter. Finally, KLP Kapitalforvaltning AS grew its holdings in Hillman Solutions by 15.4% during the third quarter. KLP Kapitalforvaltning AS now owns 43,400 shares of the company’s stock worth $398,000 after acquiring an additional 5,800 shares during the period. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Stock Down 0.2%

Hillman Solutions stock opened at $9.95 on Friday. Hillman Solutions Corp. has a fifty-two week low of $6.55 and a fifty-two week high of $10.64. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 52.37 and a beta of 1.65. The stock’s fifty day moving average is $8.94 and its two-hundred day moving average is $9.05. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.77 and a current ratio of 2.46.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The business had revenue of $424.94 million for the quarter, compared to analyst estimates of $425.00 million. Hillman Solutions had a net margin of 2.44% and a return on equity of 9.71%. Analysts predict that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wall Street Zen upgraded Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of Hillman Solutions in a report on Friday, January 9th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $15.00 price objective on shares of Hillman Solutions in a research note on Monday, November 24th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Hillman Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $11.83.

Hillman Solutions Company Profile

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.