Q4 EPS Estimate for Hillman Solutions Boosted by Analyst

Hillman Solutions Corp (NASDAQ:HLMN) – Analysts at William Blair raised their Q4 2024 earnings per share (EPS) estimates for shares of Hillman Solutions in a report released on Tuesday, November 5th. William Blair analyst R. Merkel now anticipates that the company will post earnings per share of $0.11 for the quarter, up from their previous forecast of $0.10. The consensus estimate for Hillman Solutions’ current full-year earnings is $0.52 per share. William Blair also issued estimates for Hillman Solutions’ Q2 2025 earnings at $0.17 EPS and FY2025 earnings at $0.58 EPS.

HLMN has been the topic of several other reports. Canaccord Genuity Group raised their price target on Hillman Solutions from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Robert W. Baird raised their price target on Hillman Solutions from $12.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday. Barclays raised their price target on Hillman Solutions from $10.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, Benchmark restated a “buy” rating and set a $13.00 price target on shares of Hillman Solutions in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Hillman Solutions has an average rating of “Moderate Buy” and an average target price of $12.92.

Hillman Solutions Stock Performance

Shares of NASDAQ HLMN opened at $11.14 on Thursday. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 371.46 and a beta of 1.65. The company has a current ratio of 2.32, a quick ratio of 0.77 and a debt-to-equity ratio of 0.62. Hillman Solutions has a 1-year low of $6.02 and a 1-year high of $12.08. The stock’s 50-day moving average is $10.33 and its 200 day moving average is $9.67.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. Hillman Solutions had a return on equity of 7.96% and a net margin of 0.41%. The firm had revenue of $393.30 million for the quarter, compared to analysts’ expectations of $389.50 million. During the same quarter last year, the firm posted $0.11 EPS. The company’s revenue was down 1.4% compared to the same quarter last year.

Institutional Investors Weigh In On Hillman Solutions

Several hedge funds have recently made changes to their positions in the company. Conestoga Capital Advisors LLC boosted its position in shares of Hillman Solutions by 3.5% during the second quarter. Conestoga Capital Advisors LLC now owns 9,618,653 shares of the company’s stock valued at $85,125,000 after purchasing an additional 328,740 shares in the last quarter. Burgundy Asset Management Ltd. raised its stake in Hillman Solutions by 2.7% during the second quarter. Burgundy Asset Management Ltd. now owns 8,515,597 shares of the company’s stock valued at $75,363,000 after buying an additional 225,480 shares during the last quarter. Reinhart Partners LLC. raised its stake in Hillman Solutions by 7.2% during the third quarter. Reinhart Partners LLC. now owns 7,482,201 shares of the company’s stock valued at $79,012,000 after buying an additional 503,809 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Hillman Solutions by 1.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,157,946 shares of the company’s stock valued at $75,588,000 after buying an additional 93,759 shares during the last quarter. Finally, Clearbridge Investments LLC raised its stake in Hillman Solutions by 4.8% during the first quarter. Clearbridge Investments LLC now owns 4,807,829 shares of the company’s stock valued at $51,155,000 after buying an additional 218,982 shares during the last quarter. 98.11% of the stock is currently owned by institutional investors.

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.