Hillman Solutions Corp. $HLMN Stock Holdings Decreased by MetLife Investment Management LLC

MetLife Investment Management LLC lowered its position in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 1.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,471 shares of the company’s stock after selling 1,935 shares during the quarter. MetLife Investment Management LLC owned 0.06% of Hillman Solutions worth $1,033,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HLMN. The Manufacturers Life Insurance Company raised its holdings in shares of Hillman Solutions by 8.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 104,032 shares of the company’s stock valued at $1,013,000 after acquiring an additional 7,879 shares during the period. Northern Trust Corp raised its holdings in shares of Hillman Solutions by 8.6% during the fourth quarter. Northern Trust Corp now owns 2,671,789 shares of the company’s stock valued at $26,023,000 after acquiring an additional 212,599 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Hillman Solutions by 2.8% during the fourth quarter. Ameriprise Financial Inc. now owns 1,450,050 shares of the company’s stock valued at $14,123,000 after acquiring an additional 39,612 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of Hillman Solutions during the fourth quarter valued at approximately $1,443,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Hillman Solutions during the fourth quarter valued at approximately $103,000. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Stock Performance

Shares of HLMN opened at $10.14 on Friday. The company’s 50 day moving average price is $8.81 and its 200 day moving average price is $8.33. Hillman Solutions Corp. has a 52 week low of $6.55 and a 52 week high of $12.08. The company has a market capitalization of $2.00 billion, a PE ratio of 92.19 and a beta of 1.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.72 and a current ratio of 2.28.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $402.80 million for the quarter, compared to the consensus estimate of $389.45 million. Hillman Solutions had a net margin of 1.44% and a return on equity of 8.86%. Hillman Solutions’s revenue was up 6.2% compared to the same quarter last year. Hillman Solutions has set its FY 2025 guidance at EPS. Research analysts expect that Hillman Solutions Corp. will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on HLMN. Wall Street Zen upgraded shares of Hillman Solutions from a “hold” rating to a “buy” rating in a report on Monday, August 11th. Stifel Nicolaus boosted their price target on shares of Hillman Solutions from $10.75 to $12.00 and gave the company a “buy” rating in a report on Friday, August 29th. Barclays boosted their price target on shares of Hillman Solutions from $8.00 to $10.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group boosted their price objective on shares of Hillman Solutions from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Hillman Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $11.83.

Insider Buying and Selling

In other Hillman Solutions news, insider Aaron Jerrod Parker sold 4,532 shares of the business’s 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 sale, the insider directly owned 56,618 shares of the company’s stock, valued at $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 available at this hyperlink. 4.90% of the stock is owned by corporate insiders.

About Hillman Solutions

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.