William Blair Lifts Earnings Estimates for Hillman Solutions

Hillman Solutions Corp (NASDAQ:HLMN) – William Blair raised their Q4 2024 earnings estimates for shares of Hillman Solutions in a research note issued on Tuesday, November 5th. William Blair analyst R. Merkel now expects that the company will post earnings of $0.11 per share 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 a number of other research reports. Robert W. Baird increased 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. Canaccord Genuity Group increased their target price on Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Barclays boosted their price target on shares of Hillman Solutions from $10.00 to $12.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Benchmark reaffirmed a “buy” rating and set a $13.00 price objective on shares of Hillman Solutions in a report on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $12.92.

Hillman Solutions Price Performance

NASDAQ:HLMN opened at $11.12 on Thursday. The stock has a market capitalization of $2.18 billion, a PE ratio of 279.75 and a beta of 1.65. Hillman Solutions has a 52 week low of $6.02 and a 52 week high of $12.08. The company has a quick ratio of 0.77, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The stock’s 50-day moving average price is $10.33 and its 200-day moving average price is $9.67.

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

Institutional Investors Weigh In On Hillman Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in HLMN. Canada Pension Plan Investment Board purchased a new position in shares of Hillman Solutions in the second quarter worth about $57,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of Hillman Solutions by 103.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,779 shares of the company’s stock valued at $78,000 after acquiring an additional 4,473 shares during the last quarter. Institute for Wealth Management LLC. purchased a new stake in shares of Hillman Solutions in the second quarter valued at about $101,000. Stratos Wealth Advisors LLC acquired a new stake in shares of Hillman Solutions during the 3rd quarter worth approximately $132,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Hillman Solutions in the first quarter worth approximately $143,000. Institutional investors and hedge funds own 98.11% 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.