Hillman Solutions (NASDAQ:HLMN) Stock Rating Lowered by William Blair

Hillman Solutions (NASDAQ:HLMN) was downgraded by stock analysts at William Blair from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, Marketbeat reports. William Blair also issued estimates for Hillman Solutions’ Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.18 EPS, FY2025 earnings at $0.55 EPS and FY2026 earnings at $0.64 EPS.

Several other research analysts have also recently weighed in on HLMN. Barclays upped their price objective on shares of Hillman Solutions from $10.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 6th. Canaccord Genuity Group raised their price objective on shares of Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Robert W. Baird lifted their price objective on shares of Hillman Solutions from $12.00 to $14.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Finally, Benchmark increased their target price on Hillman Solutions from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.20.

Hillman Solutions Stock Performance

Hillman Solutions stock opened at $9.58 on Thursday. The firm’s 50 day simple moving average is $10.73 and its 200 day simple moving average is $10.06. 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 has a 1-year low of $8.43 and a 1-year high of $12.08. The firm has a market capitalization of $1.88 billion, a PE ratio of 239.56 and a beta of 1.65.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. Hillman Solutions had a return on equity of 8.81% and a net margin of 0.57%. The company had revenue of $393.30 million for the quarter, compared to the consensus estimate of $389.50 million. During the same quarter last year, the business posted $0.11 earnings per share. The firm’s revenue was down 1.4% compared to the same quarter last year. As a group, analysts expect that Hillman Solutions will post 0.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Philip Woodlief sold 19,779 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $11.18, for a total value of $221,129.22. Following the transaction, the director now owns 55,811 shares in the company, valued at approximately $623,966.98. This trade represents a 26.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Scott Ride sold 72,523 shares of Hillman Solutions stock in a transaction on Monday, November 18th. The stock was sold at an average price of $10.66, for a total transaction of $773,095.18. Following the completion of the transaction, the insider now directly owns 70,369 shares in the company, valued at approximately $750,133.54. The trade was a 50.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hillman Solutions

Large investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its stake in shares of Hillman Solutions by 231.7% in the third quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock worth $35,000 after purchasing an additional 2,317 shares during the last quarter. Quarry LP bought a new stake in shares of Hillman Solutions in the 3rd quarter worth approximately $43,000. Canada Pension Plan Investment Board purchased a new position in shares of Hillman Solutions during the second quarter valued at approximately $57,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Hillman Solutions by 103.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,779 shares of the company’s stock valued at $78,000 after acquiring an additional 4,473 shares in the last quarter. Finally, Stratos Wealth Advisors LLC purchased a new stake in Hillman Solutions in the third quarter worth $132,000. Institutional investors own 98.11% of the company’s stock.

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.