Hillman Solutions Corp. (NASDAQ:HLMN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Hillman Solutions Corp. (NASDAQ:HLMN) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $11.8333.

HLMN has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hillman Solutions in a research report on Friday, January 9th. Canaccord Genuity Group reiterated a “buy” rating and issued a $15.00 price target on shares of Hillman Solutions in a research note on Monday, November 24th. Finally, Wall Street Zen upgraded Hillman Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 17th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HLMN. White Pine Capital LLC raised its stake in Hillman Solutions by 1.1% in the second quarter. White Pine Capital LLC now owns 95,358 shares of the company’s stock valued at $681,000 after purchasing an additional 1,074 shares in the last quarter. MGO One Seven LLC increased its holdings in Hillman Solutions by 3.8% in the 4th quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock valued at $260,000 after buying an additional 1,109 shares during the period. Bank of Montreal Can lifted its holdings in shares of Hillman Solutions by 8.0% during the 2nd quarter. Bank of Montreal Can now owns 17,128 shares of the company’s stock worth $122,000 after acquiring an additional 1,268 shares during the period. Tectonic Advisors LLC boosted its position in shares of Hillman Solutions by 1.1% during the 3rd quarter. Tectonic Advisors LLC now owns 118,022 shares of the company’s stock worth $1,083,000 after acquiring an additional 1,324 shares in the last quarter. Finally, MQS Management LLC boosted its position in shares of Hillman Solutions by 11.1% during the 4th quarter. MQS Management LLC now owns 14,084 shares of the company’s stock worth $122,000 after acquiring an additional 1,406 shares in the last quarter. Institutional investors own 98.11% of the company’s stock.

Hillman Solutions Stock Performance

Shares of NASDAQ HLMN opened at $10.30 on Thursday. The company has a current ratio of 2.46, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $2.03 billion, a P/E ratio of 54.21 and a beta of 1.65. Hillman Solutions has a 12 month low of $6.55 and a 12 month high of $10.85. The stock has a 50 day moving average of $9.44 and a 200-day moving average of $9.33.

About Hillman Solutions

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.