Philip Woodlief Buys 10,000 Shares of Hillman Solutions Corp (NASDAQ:HLMN) Stock

Hillman Solutions Corp (NASDAQ:HLMN – Get Rating) Director Philip Woodlief acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average cost of $7.91 per share, with a total value of $79,100.00. Following the acquisition, the director now directly owns 27,537 shares of the company’s stock, valued at approximately $217,817.67. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Hillman Solutions Stock Performance

Shares of HLMN stock opened at $8.11 on Monday. The company has a quick ratio of 0.84, a current ratio of 2.87 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average of $8.04 and a two-hundred day moving average of $8.22. Hillman Solutions Corp has a 1-year low of $6.59 and a 1-year high of $12.45.

Hillman Solutions (NASDAQ:HLMN – Get Rating) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.01 by $0.05. Hillman Solutions had a negative net margin of 1.61% and a positive return on equity of 6.56%. The business had revenue of $349.71 million during the quarter, compared to analyst estimates of $356.85 million. During the same quarter last year, the firm posted $0.09 earnings per share. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. Equities analysts anticipate that Hillman Solutions Corp will post 0.38 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of Hillman Solutions by 5.2% in the first quarter. JPMorgan Chase & Co. now owns 10,577,697 shares of the company’s stock valued at $89,063,000 after purchasing an additional 521,444 shares during the period. New York State Common Retirement Fund raised its holdings in Hillman Solutions by 26.1% during the first quarter. New York State Common Retirement Fund now owns 1,121,992 shares of the company’s stock worth $9,447,000 after purchasing an additional 232,210 shares in the last quarter. Advisory Services Network LLC raised its holdings in Hillman Solutions by 50.4% during the first quarter. Advisory Services Network LLC now owns 6,655 shares of the company’s stock worth $56,000 after purchasing an additional 2,229 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Hillman Solutions by 341.4% during the first quarter. Rockefeller Capital Management L.P. now owns 22,068 shares of the company’s stock worth $185,000 after purchasing an additional 17,068 shares in the last quarter. Finally, Ancora Advisors LLC raised its holdings in Hillman Solutions by 26.9% during the first quarter. Ancora Advisors LLC now owns 572,830 shares of the company’s stock worth $4,823,000 after purchasing an additional 121,350 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised shares of Hillman Solutions from a “d” rating to a “c-” rating in a report on Wednesday, March 15th.

Hillman Solutions Company Profile

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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.