Hillman Solutions (NASDAQ:HLMN) Issues Earnings Results

Hillman Solutions (NASDAQ:HLMN) issued its quarterly earnings data on Tuesday. The company reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10, FiscalAI reports. Hillman Solutions had a net margin of 2.44% and a return on equity of 9.71%.

Hillman Solutions Price Performance

Shares of NASDAQ:HLMN opened at $10.06 on Tuesday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 52.95 and a beta of 1.65. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.77 and a current ratio of 2.46. The company has a 50-day simple moving average of $9.51 and a 200-day simple moving average of $9.38. Hillman Solutions has a one year low of $6.55 and a one year high of $10.85.

Institutional Investors Weigh In On Hillman Solutions

Large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in Hillman Solutions during the 4th quarter worth about $33,000. Los Angeles Capital Management LLC purchased a new stake in shares of Hillman Solutions during the 4th quarter valued at about $37,000. Brown Brothers Harriman & Co. purchased a new stake in Hillman Solutions during the 3rd quarter worth $59,000. Advisory Services Network LLC bought a new position in Hillman Solutions during the 3rd quarter valued at $63,000. Finally, Quadrant Capital Group LLC acquired a new position in shares of Hillman Solutions in the 4th quarter worth approximately $74,000. 98.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HLMN has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Hillman Solutions in a report on Friday, January 9th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $15.00 price target on shares of Hillman Solutions in a research report on Monday, November 24th. Finally, Wall Street Zen raised shares of Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.