1 week Ago By ABMN Staff
Hillman Solutions ( NASDAQ:HLMN – Free Report ) had its price target trimmed by Barclays from $11.00 to $8.00 in a report published on Tuesday, Benzinga reports.
The brokerage currently has an equal weight rating on the stock. A number of other analysts also recently issued reports on the company. William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd.
Robert W. Baird lowered their target price on shares of Hillman Solutions from $14.00 to $12.
00 and set an “outperform” rating for the company in a report on Wednesday, February 19th. Finally, Benchmark reiterated a “buy” rating and set a $16.00 price target on shares of Hillman Solutions in a report on Wednesday, February 19th.
Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Hillman Solutions has a consensus rating of “Moderate Buy” and an average target price of $12.25.
Read Our Latest Stock Analysis on HLMN Hillman Solutions Stock Performance Hillman Solutions ( NASDAQ:HLMN – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.
11 by ($0.01). The company had revenue of $349.
56 million for the quarter, compared to the consensus estimate of $350.45 million. Hillman Solutions had a return on equity of 8.
79% and a net margin of 1.17%. During the same period in the previous year, the firm earned $0.
10 earnings per share. On average, analysts expect that Hillman Solutions will post 0.58 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Hillman Solutions Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of Hillman Solutions by 5.
9% in the fourth quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company’s stock valued at $89,199,000 after purchasing an additional 509,016 shares during the period.
Burgundy Asset Management Ltd. increased its holdings in Hillman Solutions by 1.8% in the 4th quarter.
Burgundy Asset Management Ltd. now owns 8,876,005 shares of the company’s stock worth $86,452,000 after buying an additional 160,505 shares during the period. Reinhart Partners LLC.
raised its position in Hillman Solutions by 1.7% during the 4th quarter. Reinhart Partners LLC.
now owns 7,612,474 shares of the company’s stock worth $74,145,000 after buying an additional 130,273 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Hillman Solutions by 10.4% during the 4th quarter.
Dimensional Fund Advisors LP now owns 6,419,079 shares of the company’s stock valued at $62,521,000 after acquiring an additional 605,049 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Hillman Solutions by 2.5% in the 3rd quarter.
Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock valued at $50,203,000 after acquiring an additional 113,692 shares during the last quarter. 98.11% of the stock is currently owned by hedge funds and other institutional investors.
About Hillman Solutions ( Get Free Report ) 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. Further Reading Receive News & Ratings for Hillman Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillman Solutions and related companies with MarketBeat.
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