Conestoga Capital Advisors LLC Has $49.49 Million Stock Holdings in Hillman Solutions Corp. $HLMN

Conestoga Capital Advisors LLC raised its holdings in Hillman Solutions Corp. (NASDAQ:HLMN) by 4.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,714,463 shares of the company’s stock after acquiring an additional 230,580 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Hillman Solutions were worth $49,487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Hillman Solutions by 106.3% in the 3rd quarter. CWM LLC now owns 3,441 shares of the company’s stock valued at $32,000 after acquiring an additional 1,773 shares during the period. Brown Brothers Harriman & Co. acquired a new position in Hillman Solutions in the 3rd quarter valued at approximately $59,000. Advisory Services Network LLC acquired a new position in Hillman Solutions in the 3rd quarter valued at approximately $63,000. QRG Capital Management Inc. acquired a new position in Hillman Solutions in the 3rd quarter valued at approximately $95,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Hillman Solutions in the 3rd quarter valued at approximately $96,000. 98.11% of the stock is currently owned by institutional investors and hedge funds.

Hillman Solutions Trading Down 0.4%

NASDAQ:HLMN opened at $8.16 on Friday. The firm’s fifty day moving average is $8.35 and its 200-day moving average is $8.94. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.62 and a current ratio of 2.95. Hillman Solutions Corp. has a 52 week low of $6.55 and a 52 week high of $10.85. The firm has a market cap of $1.60 billion, a P/E ratio of 42.95, a P/E/G ratio of 1.14 and a beta of 1.63.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Hillman Solutions had a net margin of 2.30% and a return on equity of 9.15%. The firm had revenue of $370.07 million during the quarter, compared to the consensus estimate of $371.73 million. During the same period in the prior year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities analysts expect that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Insider Activity at Hillman Solutions

In other news, insider Amanda Kitzberger sold 11,804 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $8.29, for a total value of $97,855.16. Following the sale, the insider directly owned 72,605 shares of the company’s stock, valued at approximately $601,895.45. This represents a 13.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 4.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on HLMN shares. Benchmark decreased their price target on shares of Hillman Solutions from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Canaccord Genuity Group restated a “buy” rating and issued a $14.00 price target on shares of Hillman Solutions in a research report on Tuesday, March 24th. Weiss Ratings cut shares of Hillman Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday. Finally, Wall Street Zen upgraded shares of Hillman Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.50.

Hillman Solutions Company Profile

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.