Natixis Advisors L.P. Sells 25,422 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Natixis Advisors L.P. lowered its holdings in Hillman Solutions Corp (NASDAQ:HLMN) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,511,987 shares of the company’s stock after selling 25,422 shares during the quarter. Natixis Advisors L.P. owned approximately 1.29% of Hillman Solutions worth $23,135,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Anchor Capital Advisors LLC lifted its holdings in shares of Hillman Solutions by 35.3% in the 4th quarter. Anchor Capital Advisors LLC now owns 145,107 shares of the company’s stock valued at $1,336,000 after buying an additional 37,884 shares during the period. Skylands Capital LLC boosted its holdings in Hillman Solutions by 22.0% in the 4th quarter. Skylands Capital LLC now owns 217,450 shares of the company’s stock valued at $2,003,000 after purchasing an additional 39,235 shares during the last quarter. White Pine Capital LLC raised its position in Hillman Solutions by 14.0% in the fourth quarter. White Pine Capital LLC now owns 58,512 shares of the company’s stock valued at $539,000 after purchasing an additional 7,180 shares during the period. State of New Jersey Common Pension Fund D lifted its position in Hillman Solutions by 27.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 348,539 shares of the company’s stock valued at $3,210,000 after buying an additional 74,593 shares during the last quarter. Finally, Bailard Inc. acquired a new position in shares of Hillman Solutions in the 4th quarter worth approximately $215,000. Institutional investors own 98.11% of the company’s stock.

Insider Buying and Selling at Hillman Solutions

In related news, Director John W. Swygert sold 7,207 shares of Hillman Solutions stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $9.74, for a total value of $70,196.18. Following the transaction, the director now directly owns 24,999 shares in the company, valued at approximately $243,490.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Hillman Solutions news, COO Jon Michael Adinolfi sold 110,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $9.81, for a total transaction of $1,079,100.00. Following the completion of the sale, the chief operating officer now directly owns 659,889 shares in the company, valued at $6,473,511.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John W. Swygert sold 7,207 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $9.74, for a total transaction of $70,196.18. Following the transaction, the director now directly owns 24,999 shares in the company, valued at approximately $243,490.26. The disclosure for this sale can be found here. In the last ninety days, insiders sold 618,658 shares of company stock valued at $5,958,077. 5.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HLMN. Stifel Nicolaus reiterated a “buy” rating and issued a $16.00 price objective (up from $14.00) on shares of Hillman Solutions in a research note on Monday, April 1st. Barclays lifted their price objective 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. Finally, Canaccord Genuity Group lifted their price objective on shares of Hillman Solutions from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Hillman Solutions has an average rating of “Moderate Buy” and an average price target of $11.63.

Hillman Solutions Stock Up 1.0 %

NASDAQ:HLMN opened at $9.98 on Monday. Hillman Solutions Corp has a 1-year low of $6.02 and a 1-year high of $10.85. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.46 and a quick ratio of 0.74. The firm has a 50-day moving average of $9.91 and a two-hundred day moving average of $8.80.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Hillman Solutions had a negative net margin of 0.65% and a positive return on equity of 6.88%. The firm had revenue of $347.81 million during the quarter, compared to the consensus estimate of $344.98 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The firm’s revenue was down .8% on a year-over-year basis. As a group, equities analysts anticipate that Hillman Solutions Corp will post 0.49 earnings per share for the current fiscal year.

Hillman Solutions Company Profile

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.