Leith Wheeler Investment Counsel Ltd. Purchases 135,057 Shares of Hillman Solutions Corp. $HLMN

Leith Wheeler Investment Counsel Ltd. grew its position in Hillman Solutions Corp. (NASDAQ:HLMN) by 18.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 864,598 shares of the company’s stock after purchasing an additional 135,057 shares during the period. Leith Wheeler Investment Counsel Ltd.’s holdings in Hillman Solutions were worth $7,193,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. MGO One Seven LLC lifted its holdings in Hillman Solutions by 3.8% during the 4th quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock worth $260,000 after purchasing an additional 1,109 shares during the last quarter. MQS Management LLC grew its stake in shares of Hillman Solutions by 11.1% in the fourth quarter. MQS Management LLC now owns 14,084 shares of the company’s stock valued at $122,000 after acquiring an additional 1,406 shares in the last quarter. Central Pacific Bank Trust Division increased its holdings in shares of Hillman Solutions by 6.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 31,569 shares of the company’s stock worth $273,000 after purchasing an additional 1,773 shares during the period. ProShare Advisors LLC increased its stake in Hillman Solutions by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 36,213 shares of the company’s stock worth $314,000 after acquiring an additional 2,332 shares during the period. Finally, Benjamin Edwards Inc. increased its position in shares of Hillman Solutions by 13.5% in the fourth quarter. Benjamin Edwards Inc. now owns 20,095 shares of the company’s stock worth $174,000 after purchasing an additional 2,397 shares during the period. Institutional investors own 98.11% of the company’s stock.

Hillman Solutions Stock Down 0.1%

Shares of NASDAQ:HLMN opened at $8.08 on Tuesday. Hillman Solutions Corp. has a 12-month low of $6.96 and a 12-month high of $10.85. The company has a quick ratio of 0.82, a current ratio of 2.95 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.59 billion, a P/E ratio of 42.53, a P/E/G ratio of 1.12 and a beta of 1.38. The business has a fifty day simple moving average of $7.72 and a 200 day simple moving average of $8.46.

Hillman Solutions (NASDAQ:HLMN) last announced its earnings results on Monday, April 27th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). Hillman Solutions had a net margin of 2.30% and a return on equity of 9.15%. The company had revenue of $370.07 million during the quarter, compared to the consensus estimate of $371.73 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. Analysts predict that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on HLMN. Wall Street Zen downgraded shares of Hillman Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Canaccord Genuity Group lowered their price objective on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Finally, Weiss Ratings lowered shares of Hillman Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Hillman Solutions currently has an average rating of “Hold” and an average price target of $12.25.

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.