7,976,734 Shares in Hillman Solutions Corp. $HLMN Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in Hillman Solutions Corp. (NASDAQ:HLMN) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,976,734 shares of the company’s stock, valued at approximately $67,324,000. Hillman Solutions comprises about 0.4% of Jefferies Financial Group Inc.’s holdings, making the stock its 25th biggest holding. Jefferies Financial Group Inc. owned approximately 4.10% of Hillman Solutions as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of HLMN. AQR Capital Management LLC lifted its position in shares of Hillman Solutions by 80.5% in the first quarter. AQR Capital Management LLC now owns 55,109 shares of the company’s stock worth $484,000 after purchasing an additional 24,581 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Hillman Solutions by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 116,919 shares of the company’s stock worth $1,028,000 after buying an additional 5,104 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Hillman Solutions by 5.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,947 shares of the company’s stock worth $3,463,000 after buying an additional 21,619 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Hillman Solutions by 334.9% in the 1st quarter. Jane Street Group LLC now owns 298,438 shares of the company’s stock valued at $2,623,000 after acquiring an additional 229,815 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Hillman Solutions by 72.0% in the 2nd quarter. Prudential Financial Inc. now owns 26,145 shares of the company’s stock valued at $187,000 after acquiring an additional 10,940 shares in the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Canaccord Genuity Group cut their price objective on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wall Street Zen cut Hillman Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Barclays lifted their price objective on shares of Hillman Solutions from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Finally, Weiss Ratings upgraded shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $12.50.

Hillman Solutions Stock Down 2.4%

NASDAQ HLMN opened at $7.85 on Friday. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 1.13 and a beta of 1.39. The company has a 50 day moving average of $8.27 and a 200-day moving average of $8.22. Hillman Solutions Corp. has a 1-year low of $6.96 and a 1-year high of $10.85.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. The business had revenue of $442.25 million for the quarter, compared to the consensus estimate of $433.67 million. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%. On average, equities research analysts expect that Hillman Solutions Corp. will post 0.6 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Aaron Jerrod Parker sold 17,381 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $8.57, for a total transaction of $148,955.17. Following the completion of the transaction, the insider owned 54,723 shares of the company’s stock, valued at approximately $468,976.11. The trade was a 24.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.30% of the company’s stock.

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.