Natixis Advisors LLC Grows Stock Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Natixis Advisors LLC grew its holdings in Hillman Solutions Corp (NASDAQ:HLMN) by 0.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,512,226 shares of the company’s stock after acquiring an additional 13,439 shares during the period. Natixis Advisors LLC owned about 1.28% of Hillman Solutions worth $26,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Canada Pension Plan Investment Board acquired a new stake in Hillman Solutions in the second quarter valued at approximately $57,000. Benjamin F. Edwards & Company Inc. increased its stake in Hillman Solutions by 103.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,779 shares of the company’s stock worth $78,000 after buying an additional 4,473 shares during the period. Institute for Wealth Management LLC. acquired a new position in Hillman Solutions in the 2nd quarter worth $101,000. Stratos Wealth Advisors LLC purchased a new position in Hillman Solutions in the 3rd quarter valued at about $132,000. Finally, MBB Public Markets I LLC acquired a new stake in shares of Hillman Solutions during the second quarter valued at about $133,000. Institutional investors and hedge funds own 98.11% of the company’s stock.

Wall Street Analyst Weigh In

HLMN has been the subject of a number of analyst reports. Barclays increased their price target on Hillman Solutions from $10.00 to $12.00 and gave the company an “equal weight” rating in a report on Wednesday, November 6th. Robert W. Baird lifted their price target on shares of Hillman Solutions from $12.00 to $14.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Canaccord Genuity Group increased their price objective on shares of Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Finally, Benchmark reissued a “buy” rating and issued a $13.00 target price on shares of Hillman Solutions in a research report on Thursday, August 8th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.60.

Hillman Solutions Stock Up 0.2 %

HLMN stock opened at $10.78 on Tuesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 269.57 and a beta of 1.65. Hillman Solutions Corp has a 1-year low of $7.05 and a 1-year high of $12.08. The firm has a fifty day moving average price of $10.54 and a two-hundred day moving average price of $9.74. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. Hillman Solutions had a net margin of 0.57% and a return on equity of 8.81%. The firm had revenue of $393.30 million for the quarter, compared to analyst estimates of $389.50 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. Hillman Solutions’s quarterly revenue was down 1.4% on a year-over-year basis. Research analysts predict that Hillman Solutions Corp will post 0.53 EPS 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.