Natixis Advisors L.P. Has $23.14 Million Stock Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Natixis Advisors L.P. trimmed its position in Hillman Solutions Corp (NASDAQ:HLMN) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,511,987 shares of the company’s stock after selling 25,422 shares during the quarter. Natixis Advisors L.P.’s holdings in Hillman Solutions were worth $23,135,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HLMN. Vanguard Group Inc. grew its position in Hillman Solutions by 9.2% in the 3rd quarter. Vanguard Group Inc. now owns 19,156,902 shares of the company’s stock worth $158,044,000 after purchasing an additional 1,613,190 shares during the last quarter. Cercano Management LLC bought a new position in Hillman Solutions during the third quarter valued at about $10,929,000. Conestoga Capital Advisors LLC raised its holdings in Hillman Solutions by 13.7% in the 4th quarter. Conestoga Capital Advisors LLC now owns 9,180,793 shares of the company’s stock valued at $84,555,000 after acquiring an additional 1,107,675 shares in the last quarter. Comerica Bank bought a new stake in shares of Hillman Solutions in the 3rd quarter worth approximately $5,614,000. Finally, Reinhart Partners LLC. grew its holdings in shares of Hillman Solutions by 11.0% during the 4th quarter. Reinhart Partners LLC. now owns 6,717,618 shares of the company’s stock worth $61,869,000 after purchasing an additional 663,417 shares in the last quarter. 98.11% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on HLMN. Canaccord Genuity Group upped their target price on Hillman Solutions from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $16.00 price objective (up from $14.00) on shares of Hillman Solutions in a report on Monday, April 1st. Finally, Barclays upped their target price on shares of Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Monday, February 26th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hillman Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.63.

Hillman Solutions Stock Up 1.0 %

NASDAQ:HLMN opened at $9.98 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 2.46. Hillman Solutions Corp has a 12 month low of $6.02 and a 12 month high of $10.85. The company’s 50-day moving average price is $9.91 and its two-hundred day moving average price is $8.80.

Hillman Solutions (NASDAQ:HLMN) last announced its earnings results on Thursday, February 22nd. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. Hillman Solutions had a positive return on equity of 6.88% and a negative net margin of 0.65%. The business had revenue of $347.81 million for the quarter, compared to the consensus estimate of $344.98 million. During the same period in the previous year, the business earned $0.05 EPS. Hillman Solutions’s revenue was down .8% compared to the same quarter last year. Equities analysts predict that Hillman Solutions Corp will post 0.49 EPS for the current year.

Insider Transactions at Hillman Solutions

In related news, Director John W. Swygert sold 7,207 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $9.74, for a total transaction of $70,196.18. Following the transaction, the director now owns 24,999 shares in the company, valued at approximately $243,490.26. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Gary Seeds sold 163,975 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $9.53, for a total transaction of $1,562,681.75. Following the completion of the sale, the executive vice president now owns 294,722 shares in the company, valued at $2,808,700.66. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John W. Swygert sold 7,207 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $9.74, for a total value of $70,196.18. Following the completion of the transaction, the director now owns 24,999 shares in the company, valued at approximately $243,490.26. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 618,658 shares of company stock worth $5,958,077. Insiders own 5.10% of the company’s stock.

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.