Hillman Solutions (NASDAQ:HLMN) Issues Earnings Results, Beats Expectations By $0.04 EPS

Hillman Solutions (NASDAQ:HLMN) released its earnings results on Tuesday. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04, Zacks reports. Hillman Solutions had a return on equity of 8.86% and a net margin of 1.44%. Hillman Solutions updated its FY 2025 guidance to EPS.

Hillman Solutions Price Performance

Shares of NASDAQ:HLMN traded down $0.59 during trading on Tuesday, reaching $8.69. The stock had a trading volume of 323,050 shares, compared to its average volume of 1,330,709. Hillman Solutions has a 52 week low of $6.55 and a 52 week high of $12.08. The business’s 50-day moving average price is $9.54 and its 200 day moving average price is $8.48. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.28 and a quick ratio of 0.72. The stock has a market capitalization of $1.72 billion, a PE ratio of 78.76 and a beta of 1.65.

Insider Activity

In other news, insider Aaron Jerrod Parker sold 4,532 shares of Hillman Solutions stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $9.86, for a total value of $44,685.52. Following the completion of the transaction, the insider owned 56,618 shares in the company, valued at approximately $558,253.48. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Lazard Asset Management LLC bought a new position in shares of Hillman Solutions in the second quarter valued at approximately $75,000. Bayesian Capital Management LP bought a new position in shares of Hillman Solutions in the second quarter valued at approximately $104,000. Tower Research Capital LLC TRC raised its stake in shares of Hillman Solutions by 235.7% in the second quarter. Tower Research Capital LLC TRC now owns 17,824 shares of the company’s stock valued at $127,000 after acquiring an additional 12,515 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Hillman Solutions by 62.4% in the second quarter. BNP Paribas Financial Markets now owns 19,213 shares of the company’s stock valued at $137,000 after acquiring an additional 7,385 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of Hillman Solutions by 51.5% in the second quarter. Benjamin Edwards Inc. now owns 19,971 shares of the company’s stock valued at $143,000 after purchasing an additional 6,786 shares in the last quarter. Institutional investors own 98.11% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on HLMN shares. Weiss Ratings restated a “hold (c)” rating on shares of Hillman Solutions in a research note on Tuesday, October 14th. Canaccord Genuity Group raised their price target on shares of Hillman Solutions from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Barclays raised their price target on shares of Hillman Solutions from $8.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 4th. Finally, Stifel Nicolaus raised their price target on shares of Hillman Solutions from $10.75 to $12.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Hillman Solutions currently has an average rating of “Hold” and a consensus price target of $11.83.

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.